On his website last night Mark Cuban (billionnaire owner of the Dallas Mavericks professional basketball team and star of the Shark Tank television show) unleashed a summary of: Why This Tech Bubble Is Worse Than The Tech Bubble Of 2000. The key word; liquidity.
. . Why?
As the euphoria in the financial markets continues to build steam you will begin to see more and more speculative "investment options" for Mom and Pop. Mark describes the $5,000 "put your money in and get rich in a few years" technology funds above, but the same type of funds are popping up once again in the real estate markets. In fact, one of them was on the most reason season of Shark Tank where Cuban had the opportunity to provide his thoughts on the investment. It was not pretty:
When things turn ugly, which they soon will, investors will have no access to their money.