I bought an appartment during the civil war for $150,000. At that time, people were selling their property for dirt cheap. The war ended in 1993, and the economy has been increasing since then. A boom in the economy happened in 2003 where someone offered me $750,000 for the appartment, and if i pushed it, i probably could have gotten $780,000. The boom (obviously) wore down with time, and so did the prices. I sold the appartment in 2005 for $500,000.
The reason I did not sell the appartment is because my wife wanted us to move back to our country, and live in that appartment... so i fixed it up so we can live there, and then things changed, and we didnt move. So not only did I fix up the appartment for $20,000, we never moved, and thanks to me listening to my wife, I made one of the worst business decisions in my life.
Do you agree with me?
2007-12-15
17:44:23
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2 answers
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something crazy
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