Forbes editor Robert Lenzner reported that billionaire hedge fund operator John Paulson recently told a standing room only crowd at New York’s University Club that, “double digit inflation is about to rear it’s ugly head by 2012 killing the Bond market, and restoring strength to equities and gold.” He also stated that, “this was the best time in 50 years to buy homes.” The article quoted Paulson as recommending,”If you don’t own a home, buy one. If you own one home, buy another one, and if you own two homes, buy a third and lend your relatives the money to buy a home.”
For the whole article go to: Forbes Article
Also, according to the Wall Street Journal on October 1st, 2010, “U.S. stocks kicked off the fourth quarter on a positive note, rising modestly even as a string of economic reports, including key manufacturing data, yielded conflicting signals.” The Dow Jones Industrial average closed up 42 points, or 0.4%, at 10,830. But the blue chip index went on to state,”Friday’s gains came after the Dow surged 7.7% last month – it’s best September performance since 1939.”
For the whole article go to: US Stocks Close UP
Check out the kewlest beach in Marin County (that no one seems to know about). In Sausalito, at Schoonmaker Point (off Liberty Ship Road) is a gorgeous sandy beach where they (Seatrek) rent Kayaks and Stand Up Paddle surfboards. A short walk to Le Garage (same parking area).
SEE MORE AT MARINCOUNTYREALESTATEBLOG.COM
