your views
Why are we debating items that are obvious..
We do know that the BOOM is over in most areas..SYD MELB
But Does it matter?
boom must mean that it is the only way you can profit or invest?
What is a boom????? 20% cg 30% cg 40%cg p/a//????100% cg??
over what period is this growth..???
Why does a boom make it right or wrong to invest..?
Lb your joking right? ......
If the price is right & it will make a return (good one) whats the problem.
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Buying a Race Horse , 1960 mustang,,, If you know that the Home/investment will return you profit ,,,,,& your happy with that profit ,,,,what is the problem.
The only thing obvious to me is that IT IS CLEAR that some of you obviously don't know where to buy so it seems easier to slam the idea for now..
OK i will agree that even the bad judges could of got it wrong & picked anyhome in the last 3 years & still come out an expert.
YES...those high cg areas are now say 3%-5% of the property market.. But there still there!! Why is it so hard to find them.
Lots of us are still this week getting it right to ourr expectations that is..
Shares are always there & I buy every weekl. (some good floats comming up feb march) & looking forward to them
But no one is right or wrong ... everyone has the power to decide for themselves which will make a better return
Time............ short term or long term 1 week or 5 yrs???
Facts are going to show up the good investors & the bad...
Also will show the ones that could not make a return as they stopped buying.
Proof is in the pudding! (Mother use to tell me)
& nothing can & will change that. Look forward to hearing over the next 3 mths of people like myself getting in & buying a profitable purchase...
ocean