Don Cassidy
Don Cassidy
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This bull market is now entering its fourth year, and it is getting tired. The old leaders of this market -- energy and housing -- seem to be running out of gas.
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People understand real estate because they either own it or live in it. You ride by those apartment building or those office buildings with a plaque from your REIT and say, 'I own those.' It's kind of like owning McDonald's.
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Five or six months of good markets give people increasing comfort and courage.
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The long-term virtue of this idea, what you'll begin to create, is a terrific lifetime habit that will give a person a great deal of lasting benefit. That weighs a lot more than the short-term thrill of tearing off the wrapping paper.
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The greatest asset people in the 18 to 34 generation have is time.
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You don't have to be 75 to use a rolling wire basket.