Always good to go back and review your thinking..

Wow. I just read my post from 2004 re: real estate in the U.S. As my wife said to me the other day, "Are you upset you had an idea what was going to happen but didn't make a fortune from your insights?" Well, yes, I am....sort of. Even knowing how the scene played out I'm not sure I could have done anything different. I wasn't in a position (or knowledgeable enough) to play it the right way. What most folks don't realize is that even though you may have a good "trade" it is still really hard to get the timing right. In my case I probably would have gone broke waiting from '04 - '07 to have the trade (or any trade) go my way even though I would have eventually been proven correct.