TRUTH - THE KEY TO RICHES IS BUYING LOW & SELLING HIGH

This is great in theory, but hard in practice, because timing is everything. History dictates that Toronto's real estate market follows a seven to 12 year cycle from peak to peak. It is virtually impossible to pick highs and lows, but one can have a general sense of market direction if they monitor market trends.

Are we due for a downward correction? Indications say yes. But no one really knows if, or when it will occur. My advice - there are times when an investsor should bank their gains.