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Some rednecks looking for a hobbie bored shitless, accumulating water, weapons, food waiting for the impending disaster whatever/whenever that is. I woud join in sounds like fun but "...":rolleyes:

I would think if you are looking at selling in Perth it is probably best to do it sooner than later, just my opinion.

Hi Invstor Reducing debt is a good strategy, are your properties in Perth?

I was not referring to my personal scenario whatsoever. I have been an investor for over 13 years and retired around 8 years ago from property investing. I was referring to some investors who I know that were playing in the same market, different product and took on more risk than I was...

Thanks I know a few investors who no longer post due to what happened..... but of course not going into all the details here. One of the bombshells that investors were not expecting at this time was change in bank policy, so suddenly the rug got pulled out from under them as lo docs/no...

Hi HE Not at all:) I get this and agree with you. I do know a few investors that retired - last major boom in Perth and then lost the majority of their assets and back to a day job. Their fatal error was that they continued to purchase when the market peaked. Blinded by the amount of...

Hi HE We are all responsible for our own actions on this forum, no dummy spit from me:) I never mentioned anything about LVR or strategizing for that matter, so I think you are assuming that I believe investors should be LVR till they choke.... wrong What you are stating is fine in...

I think end of the world was GFC??? take a deep breath the world survived. :p Even US property market with collapse of banks, record high foreclosures with as much as 70% drop in property values in various markets have all bounced back to prices of 2007. Will always be bumpy roads along...

Redwing I think I just found my Halloween Costume, trick or treat:p

I expect this what most investors do. MTR:)

Paul Excellent post and I think the experienced investors understand how this works. The alternative is not to play, wrap yourself up in cottonwool, but then there is a good chance you will end up like the majority of the population, retiring on the pension

Oh no, not again, happening more frequently now, I don't know why:rolleyes: Another one of those "Treadmill to no where" threads

Fair enough, I will certainly have to disagree with regards to what value he actually adds. Great to hear you have purchased a property every year.:)

How's that working for you following Freckles' posts? The other option is of course to use the forum as a tool to learn from those who are using strategies today to create wealth. All to their own, your time, your money, your choice. Here I go again, you may want to ponder on this one...

Not only easier, but people in general are attracted to positive people, its not that hard to work out why. Negativity is a real turn off and avoid these people at any cost as they have a way of bringing everyone down

Well the thing is I believe Steve McK banned him from his forum now over to SS to regurgitate this crxp, but folks here are a switched on bunch. I think we also all know that anyone with this mindset can not be a successful investor. I have yet to read any post from Freckle that provides...

It was good for the investors who actually jumped in and purchased big, on a low when fear set in, but not many did. Similar when the stock market crashes, fear sets in, everyone runs for the hills.

Well that was silly, you missed out on at least 3 property booms in Australia over the last 2 years. Property investors do not need charts, why waste time on this stuff leave this to the economists who regurgitate frequently, and who always get it wrong. All one needs to understand is...

I would say from this post the only guaranteed survival strategy is to.... buy nothing, do nothing, gain nothing and just hope for the best, which is pretty much what 99% of the population do, good luck with that one we know what the outcome will be and try surviving on that;)