Godfather of the Used Mobile Home Business Making Real Estate Investors an Offer They Can’t Refuse – Lonnie Scruggs to Serve as Keynote Speaker at Mobile Home Millions 6

Godfather of the Used Mobile Home Business Making Real Estate Investors an Offer They Can’t Refuse – Lonnie Scruggs to Serve as Keynote Speaker at Mobile Home Millions 6











Mobile Home University


Austin, TX (PRWEB) March 12, 2008

Attendees of this year’s Mobile Home Millions conference will be hobnobbing with some of the biggest names in the mobile home park investing arena. Although Warren Buffett will not be among them, topping the bill will be the “Don Corleone” of manufactured home investing, Lonnie Scruggs. When Mobile Home Millions 6 opens its doors at the Sheraton Austin Hotel in Austin, TX, this April 18-20, the “God Father” of the used mobile home business will serve as the keynote speaker. Real estate investors who would like to sign up for Mobile Home Millions 6 before the conference sells out can do so online at Mobile Home Millions 6 – Learn How to Make Huge Profits in Mobile Home and Mobile Home Park Investing.

A three day extravaganza, Mobile Home Millions 6 will teach mobile home investors how to generate cash flow, build wealth and come out on top of the changing real estate market. Leading experts in the mobile home and mobile home park investing arena will share priceless knowledge on how to get started in the manufactured home and mobile home park business, increase profitability on investments in such markets and network with hundreds of like-minded investors.

Among the Mobile Home Millions 6 lineup of presenters who will reveal their money-making secrets and techniques will be none other than the “god father” of the used mobile home business, Lonnie Scruggs. For nearly two decades, Scruggs has dealt in used mobile home notes and shared his experiences in two bestselling books, “Deals on Wheels” and “Making Money with Mobile Homes”. That kind of experience puts Scruggs light years ahead of the industry’s most famous investor, Warren Buffett, who has been in the manufactured housing arena for only five years.

As one of the most respected national instructors on the topic of making money in used mobile homes, Mobile Home Millions 6 attendees are in for a real treat with Scruggs’ keynote speech. The first to teach others how to make big profits with mobile homes as an alternative to traditional real estate investing, Scruggs is graciously sharing all his insider secrets with the select few who secure a spot at the Mobile Home Millions 6 conference.

Ernest Tew, another legend of the mobile home park investing arena, raved about the Mobile Home Millions experience, “You definitely want to learn from those who are successful and walk-the-talk. The lineup of speakers and participants for Mobile Home Millions represents some of the best and brightest in the industry … you will be hard pressed to find such a large collection of talented investors at any single event!” With Lonnie Scruggs topping this year’s lineup, upcoming feedback for Mobile Home Millions 6 is guaranteed to be as glowing.

To learn more about Mobile Home Millions 6 and its mobile home investing keynote speaker, Lonnie, Scruggs, visit the conference detail page online at Mobile Home Millions 6 – Learn How to Find and Invest in Mobile Homes and Mobile Home Parks.

About Mobile Home University: Mobile Home University is the leading online Web site for mobile home and mobile home park investor education. It provides investors with the hard-hitting advice and information they need to leverage in the mobile home industry. Mobile Home University presents a full range of teleseminars, boot camps and live events, including Mobile Home Millions, now in its sixth year. Visitors to MobileHomeUniversity.com may access free manufactured home articles, an active mobile home forum and a topical and timely blog. In addition, they may opt in to a free mobile home park investor’s e-zine.

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More Warren Buffett Press Releases

The Best Stock Market Advice I Know: Get Ahead of the Business Cycle

The timing isn’t quite right yet, but, in the not-too-distant future, there should be a reacceleration of U.S.-listed Chinese stocks. If you’ve been a speculator in these stocks, you’ll know that it’s been tough going. The entire group has been suffering from a lack of investor confidence and a lot of this sentiment is warranted. There remain, however, many very good companies out there whose stock prices have fallen along with the group and that are now excellent values in my view. I think we’re very close to achieving extreme pricing (on the downside) with many of these stocks and speculators should be putting a number of these stocks on their radar screens.

If you watch the stock market long enough, you’ll know that certain sectors experience waves of enthusiasm from investors. It’s like the latest trend in the fashion industry, only the business cycle in stocks changes extremely fast. One year, the darling of the market is solar energy stocks. The next year, silver stocks are soaring. The whole system in my view is about perpetual rolling interest from investors on the Street and getting ahead of these trends is the single most important contributor to making big money in the stock market. It’s not even about owning the right individual stocks at the right time; it’s about owning the right sector. Share prices move in groups and Wall Street takes no prisoners. The stock market isn’t a perfect system and valuations are always relative, but with so many participants on the long and short sides of the marketplace, prices are never true for long.

Stock picking has always been and always will be a difficult endeavor to get right on a consistent basis. Even in a bull market, it’s difficult to make money as a speculator, because sentiment changes so quickly and so do stock prices. One unfulfilled expectation and a stock’s price can be cut in half—in a matter of minutes! If stock picking were easy, there would be a lot more retired stock traders living on your street. Even Wall Street pros don’t last in the game for very long. Most investment banks make a lot more money selling you advice than trading stocks for themselves.

The one thing I’ve learned over the years is never to fight the market. The action is the action. It might not be rational; it might not even be fair. But the stock market is a system that is based on fear and greed, and emotions have more to do with prices than anything else. A big investor like Warren Buffett worries almost solely about valuation, because he is buying an entire company’s cash flow, not just a share. For equity investors (speculators more appropriately), a stock’s valuation is more about perception than anything. Understanding the market’s prevailing psychology usually wins out over the most stringent of analyses.

Right now, there are several sectors in the equity universe that are not participating in the current rally. If you’re a buy-low/sell-high kind of speculator, now is the time to be looking seriously. Here’s what my favorite stock picker likes to do (Jim Rogers); he waits for securities to achieve price extremes, then he makes his bets.
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Mitchell is a Senior Editor at Lombardi Financial specializing in small-cap stocks. He’s the editor of a variety of popular Lombardi Financial newsletters, such as Penny Stock Reporter, Micro-Cap Stocks, and Monster Profits.

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