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  1. impala67

    Not worth investing in property

    Once upon a time, a powerful wizard, who wanted to destroy an entire kingdom, placed a magic potion in the well from which the inhabitants drank. Whoever drank that water would go mad. The following morning, the whole population drank from the well and they all went mad, apart from the king...
  2. impala67

    Not worth investing in property

    what's Pita...like pita bread?
  3. impala67

    Not worth investing in property

    E.g., diversify - even in Melbourne's sub-markets - demographically, economically and geographically. I found this has worked well for me in the last 5 years so far. IP1 went up a lot then did nothing & dropped. Then IP2 & 3 went up & more than covered any losses. IP1 recovered some ground in 2013.
  4. impala67

    Not worth investing in property

    You're still ahead though? Surely...and well ahead of non-investors.
  5. impala67

    Not worth investing in property

    Yeah you're grumpy. Cheer up - turn that frown upside down. like this: :(:)
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