Buffett wary of real estate, commodities speculation - May. 8, 2006
Warren Buffet has a way of making the complex easy. He is not big on residential real estate and sees some slowing, possibly even a drop. He says the same for Gold and Oil. My favorite quote from this article is "As the old saying goes, what the wise man does in the beginning, fools do in the end."
In other words - don't get caught up in the mania. Stay diversified and hold on through the good and bad times.
Scott Dauenhauer, CFP, MSFP
