Comments on: California Man Defaults on Nine Mortgages http://www.wisemoneydecisions.com/2008/05/20/california-man-defaults-on-nine-mortgages/ Sat, 22 Nov 2008 09:18:41 +0000 http://wordpress.org/?v=2.3.3 By: Jeff http://www.wisemoneydecisions.com/2008/05/20/california-man-defaults-on-nine-mortgages/#comment-796 Jeff Wed, 21 May 2008 19:10:03 +0000 http://www.wisemoneydecisions.com/2008/05/20/california-man-defaults-on-nine-mortgages/#comment-796 MyMoneyAdventure: By using leverage he may have had even more than 100% of his portfolio in real estate. He put all his eggs in one basket, borrowed more eggs using his basket as collateral, and put those eggs in the basket too. MyMoneyAdventure:

By using leverage he may have had even more than 100% of his portfolio in real estate.

He put all his eggs in one basket, borrowed more eggs using his basket as collateral, and put those eggs in the basket too.

]]> By: MyMoneyAdventure http://www.wisemoneydecisions.com/2008/05/20/california-man-defaults-on-nine-mortgages/#comment-788 MyMoneyAdventure Tue, 20 May 2008 14:38:09 +0000 http://www.wisemoneydecisions.com/2008/05/20/california-man-defaults-on-nine-mortgages/#comment-788 I've always hear you are suppose to only have 5-10% of your portfolio in real estate. It looks like this guy had close to 100%. Never put all your eggs in one basket. I’ve always hear you are suppose to only have 5-10% of your portfolio in real estate. It looks like this guy had close to 100%. Never put all your eggs in one basket.

]]> By: Robert http://www.wisemoneydecisions.com/2008/05/20/california-man-defaults-on-nine-mortgages/#comment-787 Robert Tue, 20 May 2008 14:33:42 +0000 http://www.wisemoneydecisions.com/2008/05/20/california-man-defaults-on-nine-mortgages/#comment-787 Sounds like Shawn needs more stock options. Sounds like Shawn needs more stock options.

]]> By: Mortgage News Aggregator » California Man Defaults on Nine Mortgages http://www.wisemoneydecisions.com/2008/05/20/california-man-defaults-on-nine-mortgages/#comment-786 Mortgage News Aggregator » California Man Defaults on Nine Mortgages Tue, 20 May 2008 07:42:19 +0000 http://www.wisemoneydecisions.com/2008/05/20/california-man-defaults-on-nine-mortgages/#comment-786 [...] Original post here [...] […] Original post here […]

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