If You Don't Know Who the Sucker Is . . .

 Remember the saying related to poker? "If you don't know who the sucker at the table is, it's probably you". Well, I think the conventional wisdom now is that the economy is on the mend, the stock market is on the rise and housing is recovering. All signs lead to growth, right? Not so fast. Check out this article that came out today:

http://finance.yahoo.com/blogs/daily-ticker/economy-much-worse-data-shows-123642950.html

I think it reflects the reality that while certain numbers may reflect a stronger economy or recovery, peoples' guts tell them it just isn't so. I've been hearing people say lately that the housing market is recovering. If this were true and was based on fundamental strength in the economy, I'd say that they're right. Unfortunately, I don't believe this is true (see my previous posts). What this means is that there will continue to be opportunities for people with the proper education to take advantage of deeply discounted prices on properties. 

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