Or as my Irish friend Paul likes to say... "who's got their panties in a bundle?"
These days - its seems like just about everyone.
One of the key economic indicators is "consumer confidence." It's closely monitored and reported by the media. You know the dance... bad news sells. The media finds and reports bad news, then consumer confidence falls, then the media has more bad news to report! Life in a vicious cycle.
When I talk to fellow real estate investors - it seems that "investor confidence" is following a similar pattern. There's interest in investing in real estate. There's mindshare that this is the opportunity of a generation to buy investment real estate. But the confidence to take action now is not there. We have become a nation of investment voyeurs... all eyes, no action.
Eventually - this economic cycle will pass. And the "almost" investors will be left with "coulda, woulda, shoulda". Let's take a different perspective.
Google "positive economic news". It's there. Build your investor confidence muscle NOW and take action! Two good resources to get started:
Monday, February 23, 2009
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