There is an old story about JOE KENNEDY who exited the stock market after a shoeshine boy gave him some stock tips. I guess he figured that when the shoeshine boys have tips, the market is too popular for its own good.

My own experience was in 1992 when I was in the sauna in Estonia with a guy named Elvis talking about Finns. You’re thinking, “you must be joking. Elvis, Finns, Estonia. What is he on?”

We were talking about Finns and market timing. He rambled on about how investors from Helsinki were so cautious and risk averse that they were always late. That may or may not be true. But I listened anyway….

But it was true.

Years later as I was in London raising money for a Central and Eastern European Property Fund and lining up cornerstone investors, the phone rang. It was a Finnish private equity firm. And what Elvis told me came true. That comment he made to me in a sauna at the top floor of the Olympia Hotel came rushing back in 2007 as I answered that call. It was my sell signal. No charts, no economic data, no experts. Like the shoeshine boy, Elvis gave me a gift. A gift he didn’t even know he was giving.

Today Even Taxi drivers are in the property game again. The shoeshine boy could give you a summary of the day’s financial news as he worked with rag and polish and today every Buy-to-Let, HMO, RtoR property guy and financial guru these days is selling the same snake oil.

My question is with high street retail being disrupted by the internet leaving malls across America empty, and bringing with them massive mall closures, how will the bank’s balance sheets fare, and what about the impact to landlords balance sheets? No, Main Street USA isn’t SOHO London or Regent Street, bit it’s a big tail on a very BIG DOG. Are we at the same fatal stage in the market today, when innocent people who aren’t expected to have all the answers but follow the advice of “experts” are about to have a shock? Will the markets adjust after a 38 bull market, and prices fall off the cliff under the weight of enormous popularity in shares of property prices?

Who knows? But it’s worth considering isn’t it. Just watch out for that phone to ring!

About Me

I’m a seasoned Start-up CEO and property entrepreneur who built a property business worth over $200 million. Since 1992, I helped start a number of large scale businesses including a bank credit department, a mortgage company, and I built the largest single-branded real estate company across five countries in Central Europe. I also developed a portfolio of shopping centers and hypermarkets in Eastern Europe, constructing over two million square feet of retail space and got out in 2008 before the crises.

Today I am involved in the entrepreneur community, trying to share what I’ve learned and I serve as a mentor for startups.

I have authored a new business startup report called “How To Start A Business”. This shows you how to find, enter and profit immediately from a high demand market with virtually no competition… what I call a Blue-Sky Market!

This is how I could turn £400 into £50,000 in just 8 weeks.

Blue-Sky Markets are all around us. You just have to know where to look and have the courage to do things a little different.

To grab your free copy just click the link below:

Download Your Copy Of How To Start A Business

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