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Nope ... only from one or two idiots like I'm Different (whom I gather you are one of them) :rolleyes: The rest of us are totally accepting that the current situations are merely part of the cycle and will, with time, also pass. And that some great buys can currently be found. p.s. you...

Suggest you check your facts. I posted #36 a request to stop the preaching. You had 5 posts before that - and they included the ones quoted at #17, #21 and #26 ... could've included dozens of others from other threads, but I think the point was made with the examples given. Now back on...

... only about dozen versions of: "But buying low (but still high relative to past gross yield and affordability) and seeing the market falling while neg gearing does not make investing sense." and "Buying a property while the market is declining does not make sense. Why would you do...

My hubby also works fairly high up for Onesteel - and they've announced the shedding of 100 jobs from his location ... went thru a "worst case" scenario last night and fortunately "worst case" was okay. Worst case was made redundant with no payout or LSL being paid. Best case was 2yrs...

Totally agree - there are no "mistakes" only valuable learning opportunities - and if you don't learn from it, you are supplied the lesson again!

and the other 1% are found on SS, so stop preaching to us! :rolleyes:

darn - vendor realised it was such a good buy he decided to keep it and roll it into his superfund.

so much doom and gloom on SS - definately the time to buy :D But only if you stick to good investing fundamentals - nothing fancy, neutral or positively geared, close to shops, schools/uni, transport, work, diverse employment area. And by close I means less than 5mins walk. Just offered...

Yep - had this discussion with hubby last night as I was trying to convince him to buy a neutrally geared property in top location (so a drop in interest rates or increase in rent by $10/wk puts us firmly in the black on this one). The time to buy is when the market is in the doldrums - and...