TEN Questions to Ask your Broker...

Labels: Buyer Tips, Opportunities 0 comments

These are tough times; run away from any broker that tells you otherwise. In the midst of the curent mess there are opportunities, however. Values have come down dramatically and in many cases they are below replacement costs.

Replacement cost is a key indicator of intrinsic value. As savvy investor Warren Buffett knows too well,

...if you buy below intrinsic value, you will eventually make money, no matter what.

It may not be tomorrow, but when something is acquired at prices below intrinsic value, the risk to the downside is much smaller than the potential upside.

For those that recognize opportunity when everyone else is running away here are the ten most important questions to ask your broker before making that offer.

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