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Who are the property investors with more than 40yrs experience do you listen to WW?

Timely reminder from MY just floated into my inbox.

:confused: Not sure which "people" you are referring to here mate. All people? Are you saying you follow no-ones opinion - even those with more wealth and life experience than you? I don't fail Evan - I just learn, :) And, no I would have accepted the outcome. Not into blaming people

I don't really care. I act within my parameters. At present I am restricted a little by the tightening of LMI's policies but I have options to get around it - despite the fact that it has slowed down my plans a bit. I can also sell off a property or two to release equity for further aquisitions...

Well your understanding of the fundamentals has led you astray from reading your property related posts over the past year or more. Maybe you focus on bad news too much Winnie. I would even go as far as thinking that you are attached to gathering negative news and statistics - even if you aren't...

I, like you, look at a lot of things WW. You can't ignore the reality of what's happening on the ground despite some tightening of credit and reduction in competition. (my local agent just recorded record local resi sales in my area for August) There is growth happening out there mate despite...

Well what they are wanting and doing at present is not hampering the present growth in property vals which is great news for property investors. Imagine the consequences of them loosening the pursestrings.

WW, I heard Kholer last night on ABC say the opposite? New unit block approvals were up around 30 odd % (2nd consecutive monthly increase of this %). He said that now finance has become more available developers are lining up at councils to build high rise flats. He said that building...

When or how should one alter ones philosophy then Evan? Experience only? Peoples opinion kick started my investing journey and has made me plenty of money. I still value those peoples opinion and they continue to affect my investing philosophy. I am sure I am not alone here.