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Thanks Oracle. I'm a patient man (most of the time) :)

Not true, I'm afraid. You assessment is shallow and not researched very well. If you read properly, I think you'll find that I have said that LONG TERM nothing much goes wrong with carefully selected property. MEDIUM to SHORT term you can get dips and long flat periods. SHORT term if you have...

Well the 2 items I did not respond to were about: 1. Luck....and I'm not a big fan of luck. When I made the statement in June 2009 about gearing up and getting into the market, the FHOB had already been in place for 8 months (since 14 October 2008). It was patently obvious to me and others in...

Yeah, I'm an overnight success that took 15 years :rolleyes: On this we can agree, I think. I've said the same. I think that to do well, people will need to be very selective and do lots of DD to get it right. They'll also need to choose the right strategy.

I quoted only half of your statement and that, out of context....sorry :o That's correct :) So I have some 'runs on the board' and all the D&G people only have their "beliefs" going forward :rolleyes:

I will put my hand up here and confess to having done that (or at least that part of your statement skater.) :o I did so in June of 2009, when I was having a similar argument with investor888 (who by the way, did not have the decency to show up as we'd agreed, at the appointed time, to "see...

If you buy at the peak of the market (and I am not suggesting that we are at a peak right now) and you hold thru one full cycle, then you have no concerns about making a loss like my tradie mate. He just sells too early.

I don't know what graph you are looking at,:eek: but in SYD to describe the 6 year period between 2003 to 2008, which is nearly 1/2 of the last 15 years, as a "sharp spike" is ummmm, mistaken IMO.

Are you trying to emulate his "success"? :p

EXCEPT that I am not saying that is the way it will always be.:confused: I said no-one knows. You need to do what you need to do based on your own beliefs. Obviously, I and a number of others, believe something different. It is perfectly OK in any market for the participants to hold different...

I refer you to a previous post I made on the subject: http://www.somersoft.com/forums/showpost.php?p=713690&postcount=7

Just remember it cuts both ways bluestorm. There are many BAs I know, including ourselves, that will not take on clients that we assess to have unrealistic expectations, or want to place demands on us that we don't accept, or who we feel we can't really get along with. No-one needs the aggro. :)...

Don't misquote me. I have no idea what prices will do into the future. All anyone can say is what they have done in the past, which is, as you've said, doubled every 7 - 10 years. I do not subscribe to the "it is different, this time" theory and I am more inclined to believe, going forward...

That is true of almost EVERY endeavour in life (not just property investing).