How could I have not seen that the housing bubble was coming? I saw the clues but I didn’t really pay any attention to it. This is the following clues that I saw:

• I was looking for a house and the bank told me how much I can afford. They recommended an ARM to finance the house. The banker told me to use an ARM because I can sell it within 5 years and still make a profit from it (I hate sell men because they are full of B.S).
• The second clues is why is there so much activities with housing? I had a bad feeling with Washington Mutual. When I compare WaMu to competitor, WaMu is weak compare to Bank of America.

Did I watch my portfolio with the banks I owned? Yes, I did watched. Did I do anything about it? No, I did not because I was a lazy hawk. I let the snake bite me. Was I a bad investor? I was of course. How much did I lost in WaMu? I only lost $300 that all. I did take a hit in my portfolio. Did I learned anything? Not a dame thing.

The performance of your portfolio is very dependent on what kind of person you are. If you are lazy and don’t do your homework, then you probably going to get lousy result from your portfolio.