August 13th, 2011 12:06 AM by Eric Fang
Sometimes, we do have to make a decsion, decide whetherwe want to do it or have it now, or the later in the future.
We will always think about this when we do investment.When we purchase the rental properties, as long as it brings positive cash-flow, we should not care toomuch about whether the price goes up or down. When wepurchase stocks(better with ETF or mutual funds), we'd better invest in the company that it will stay for a long time, invest in those companies with a big moatagainst its competitors.
I am kind of immune to the stocks market for the past week. One reason is that I was too busy to watch market yet(I havd to get the rates for my clients).But history proves that there are always plenty of opportunities when the market crashes, as long you can hold longer enough.
This week, NYCB(formerly Amtrust) requested the borrowers stay with the lender for 6 months if theloan closed after Sep 10th. I sent out letters to my current clients(in case we can not close by then).A few people seems concerned and hope not waiting thebest rate.
Life should be simple if you know the true meaning. I will be happy if I read a good book;and happy too when I get my clients a good rate.But as I always said, I don't care too much about therates going up or down. Are not we blessed wuth those incredible low rates?