B.S. = "Bubble Speak"
I hate B.S. (“bubble speak”), that is, people who keep saying there’s a bubble. Since 2002, when I first wrote about this on my website, I de-bunked the ”B.S.” of a national real estate bubble. The media loves to talk negative, because negative sells papers, and papers sell ads.
This is not the first time in history we’ve seen this kind of “BS”…
“Houses cost too much for the mass market. Today’s average price is out of reach for two-thirds of all buyers” - Science Digest 1948 “The era of easy profits in real estate may be drawing to a close.” - Money Magazine 1981 “Financial planners agree that houses will continue to be a poor investment.” - Kiplinger’s Personal Financial Magazine 1993I prefer to take the advice of a more positive source:
”Life is too short to spend your precious time trying to convince a person who wants to live in gloom and doom” - Zig ZiglarYou can find all the statistics you like to convince you the “market” is bad, but you can always find ways to profit in ANY market with the right attitutude, the right knowledge, and a little bit of hustle.





Hi Bill,
I agree and right now we are seeing lots of our students making life changing money because 80% of the population thinks the economy is bad and avoid investing right now. In the mean time, the ones that know what they are doing are buying everything they can … its like two for one out there.
Respectfully,
Terry Bryan