Winnie,
-do you stop following the advice of a commentator when he switches from
a bearish to a bullish position?
I try to take in ALL the fundamentals, not just those that support my capital as it is invested today. To do the latter is to passively outsource your future to organizations like the RBA, who aren't concerned first and foremost about your future....
Pre GFC, there were a lot of fundamental signs risk was growing....like an inverted yield curve, ted spread, libor trend. Soros, Faber, Shiller, Shilling, Gross, Roubini, Ritholz, etc, etc, etc.
-Weighing up charts, graphs and commentators opinions what was your opinion on the
direction Aust. property over the last 2 years and what do you feel is the short medium and long term future for Aust. property?
Since mid 2007, I've thought there'd be little to no growth in passive property investing, and any growth beyond that would come at additional risk. I chose to lower my exposure to property.
I've been bearish on Aust. stocks and property in the short term and remained bullish long term, I trade shares and am a trend follower so downside is covered and with property I make sure I have cover should the market collapse to the extent Keen forecast.
It appears to me that whether bullish or bearish it is wiser not to be blinkered.
Cheers
Pete