第27部分 (第5/8页)
ks; going in or out。 I stop and talk to the drivers。 I talk to the postal carriers。 It's amazing how much information they acquire about an area。
I find a bad area; especially an area that the news has scared everyone away from。 I drive it for sometimes a year waiting for signs of something changing for the better。 I talk to retailers; especially new ones; and find out why they're moving in。 It takes only a few minutes a month; and I do it while doing something else; like exercising; or going
to and from the store。
?As for stocks; I like Peter Lynch's book Beating the Street for his formula for selecting stocks that grow in value。 I have found that the principles of finding value are the same regardless if it's real estate; stocks; mutual funds; new panies; a new pet; a new home; a new spouse; or a bargain on laundry detergent。 The process is always the same。 You need to know what you're looking for and then go look for it!
?Why consumers will always be poor。 When the supermarket has a sale on; say; toilet paper; the consumer runs in and stocks up。 When the stock market has a sale; most often called a crash or correction; the consumer runs away from it。 When the supermarket raises its prices; the consumer shops elsewhere。 When the stock market raises its prices; the consumer starts buying。
?Look in the right places。 A neighbor bought a condominium for 100;000。 I bought the identical condo next door to his for 50;000。 He told me he's waitin
本章未完,点击下一页继续阅读。