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  1. BayView

    The great Oz property crash of 2005.

    Not quite. You still have $40k of cash in it as equity, so you have lost $160k. If you put $40k of cash into the stock market, then yes. Hopefully you have a good dividend with it. If your property halves in value, but you can easily rent it out and can cover the mortgage repayments, you...
  2. BayView

    The great Oz property crash of 2005.

    Sunfish; have a look at my bloody emoticon in the post. It was a joke, dude.
  3. BayView

    The great Oz property crash of 2005.

    Slap yourself on the wrist for selling an asset to buy a liability. :D
  4. BayView

    The great Oz property crash of 2005.

    The problem here is not the actual participation in the discussion. It is the relative (in)experience that is coupled with the argumentative stance. Yes, you can read a whole load of text about the topic of investing (or any endeavour for that matter), but until you actually have done some of...
  5. BayView

    The great Oz property crash of 2005.

    We probably have a slightly higher property investor percentage than most other Countries, but as for stocks....I reckon most Aussies are merely gamblers, who have found stocks to gamble on instead of the usual gallopers and dishlickers, pokies and Tatts.
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