time to buy: Buy When Blood is Running in the Streets - 01/19/11 05:22 AM
Buy When Blood is Running in the Streets
This famous quote was attributed to Baron Rothschild in 1871.  The quote is often used by Wall street bankers to encourage investors to buy, but the fact is that the famous Rothschild quote was actually used in reference to real estate.

(Photographer: Simon Howden, courtesy of www.freedigitalphotos.net)
Just before the eruption of the 30 years war in France, people were desperate to sell their property, and thus prices plummeted. Clever investors like Rothschild were there to buy it. Rothschild also advised other investors to do the same, and that is how the … (7 comments)