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at only 1.2% negative, i wouldnt be fussed much either, so long as one truely was mentally prepared to hold for the long term.

who knows how Mr Market will price an asset. I honestly dont think that property prices in the main cities will crash and burn, because of a fundamental under supply. But just because an asset class doesnt crash, doesnt mean that investors in that asset class will receive a suitable rate of...

no argument from me, i have always said that one of the biggest investment risk that investors make is to extrapolate near term historical results into the future. I feel there has been much too much extrapolation of the last 30 years.