Smart investors who get fabulously rich, always buy when the market is slow, when prices have dropped dramatically, and when the general public is scared. When the market starts to heat up again, the masses come back and start to buy and bid up prices and the real beneficiaries are the intelligent investors who bought when prices were low and everyone else was afraid to buy.
This was written by an associated investor of mine.
Land is the next gold mine. That is my prediction for 2009 - and hey, I gave it to you for free.