Search results

Cuts both ways. I have been subjected to a great deal of age related abuse on forums. Sometime aimed directly at me but usually at us "boomers" who have caused all the problems and contributed nothing to the world. 'Tis easy to be smart if you've had a computer and the net all your adult...

Some generalisations are very fair though. My father (your grandfathers/great-grandfathers era) went through two wars (fought in the mud of Ypres, France) and the depression. I am more tolerant of his quirks and poor money skills than most here would be because of the generalisation that people...

What I don't understand why you think it matters. You seem to have your knickers in a knot over a temporary phenomena. Be patient and have realistic goals.

When I was a teen, international travel was a pipe dream for me. Six months after I married Mrs Fish (in the sixties) her father died. We were in Adelaide and the funeral was in Townsville. She was only 20 yrs old and loved her father but the cost of a DOMESTIC airfare was way beyond us...

I have no experience of gen Y. I have no idea if they are as scatterbrained and spoilt as you say. If you are correct, where are the next generation of small businessmen coming from? They can't be fickle and must put in extra hours for years before it pays off usually. I DO accept that...

Interesting that you accept that individual approaches to investing are valid. it is not always accepted here. I use a macro approach to investing even though I have a narrow range of investment classes. This is what you would expect because my (personal) view of the macro scene dictates...

I checked and you have been a member here for just a year. Why do you feel qualified to say this: Somersoft's phylosophy is exactly that: Property does indeed always go up and leverage is a one way street.

And you are? A very brief resume' will do.

Lighten up. We are always exchanging assets which you can't eat or make you comfortable, for those things which do keep us alive, sheltered and comfortable. That's life. :D:D

How do you know most of the market has gone up when you only know Melb.? My suburb in Townsville, according to RP Data, has had a cumulative 2% rise in 4 years. Not enough to get out of bed for. :)