Dow down 900, how bad is it going to get

PrimaDonna

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Jan 2, 2008
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Name
MB
Keep the mortgage rates down.....we are hoping to buy a commercial property and move the business!

We did well through the previous "recession". Still saw growth each year...but not like we've been seeing more recently.

Lots of the Mega/cookie cutter McMansions couldn't afford to replace the white/light carpet in the whole 4,000k sq. ft. house as they would normally do...but they can afford a few $k to get it all cleaned.

Usually we take a hit on the commercial side when things are tight, but since we are mainly residential I think we'd weather it just fine again. Won't kill us, but won't be ideal.
 

Desk Jockey

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Oct 9, 2006
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64,833
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Rico Suave
I've trying to unload two commercial properties. This won't help! Buy high sell low. :dejection:
 

hogjowl

Idiot™
Joined
Oct 7, 2006
Messages
49,810
Yes, I have had a MUCH better August than usual, too.

Which may be the good Lord's way of preparing me for a crappy Sept.
 

Desk Jockey

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Oct 9, 2006
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64,833
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Rico Suave
We're up 10% YTD I hope it doesn't affect us.

I was just beginning to think they might actually be a Christmas this year. :winky:
 

hogjowl

Idiot™
Joined
Oct 7, 2006
Messages
49,810
Yep. This summer has left me with enough cash on hand to purchase an EZ with cash.

But, I am afraid to spend it for fear the end is near.

And Olsin will be on my doorstep with a shotgun.
 

Desk Jockey

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Oct 9, 2006
Messages
64,833
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Rico Suave
But, I am afraid to spend it for fear the end is near.
I'd like to add a brand new Spartan water truck. I don't need it but it would be nice to have several times a year buttt I'm afraid of what lies ahead.
 
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