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There have been a few 'mightier than though' posts but I think most people just take them with a pinch of salt.
That reads funny. Was "mightier than thou" the intent?'mightier than though'
I have no clue what you're going on about, just skimming through but since you mentioned counterproductive what are you doing on here?
I have occasionally cringed when I have read anything that sounds like this, so I suppose there have been comments along this line.
But as I said, those types of comments are not the "norm" here.
Not buying any property been like that for several years, but still investing bought back into several banks and a few high-risk a week or so ago, GMG is one 2 days ago,all markets have the possibilty of problems,each personSo I am wondering what have people learned from all this?.
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I watch the finance shows these days even the hard nuts are talking cut your losses.
I was just meaning that all the believers in "what you think is what you become", or that it does not "take money to make money" type mentality are learning some hard lessons, being that they do not have the answers they thought they were supposed to have by joining that elite small % of society that do have the answers and brush of all failures as mere puddle on thier climb to world domination as they stomp on the pysche of the poor weak minded/self pitying majority who work hard at pathetic menial type day jobs.
People keep saying "cash is king". I say "cashflow is king".
Hi Jo, there has always been a smug element on the forum, that look down on others that are in unfortunate circumstances or say that there is enough room in the world for all to be rich and successful but this just is not right even a good thing to believe, it is actually counterproductive to a healthy society.
Of course it always good to be positive, absolutely strive for that but never run down others in a worse position and claim that you are of a higher education or mental state etc, this is pure rubbish.
It`s a numbers game with a lot of different factors involved, certainly hard work and study will place you higher up the ladder but it doesn`t ensure success.
If what these gurus and glass half full types really believe is true why is the world in the state it is in?.
Why don`t they teach finance and "think and grow rich" in schools?.
Because time has shown that it does nothing but cause a decay in real values.
It is funny how you are bought up to believe this and that yet the governments and large corporations all show otherwide on a daily basis and everyone accepts that it is ok.
Look at what Bush (and Howard) got away with!.
On the subject of lvr, this has always been top of my agenda to always try to maintain a low lvr.
Many would often say WHY dont you buy ten houses instead of three and leverage your money etc, well thank god I left that one alone.
I dont drop in to this forum much anymore as it has become obvious what a winners positive attitude can backfire and that a lot of what has become accepted as written in stone around here by the "winners brigade" has come to a very.....painful reality.
As being one of the long time "negative bias posters" it seems now quite imbedded into this forum that long held philosophies are crashing down all over the joint.
So I am wondering what have people learned from all this?.
I had sold a few properties myself, after the first boom thinking that was it, then it went again and I thought here I go again, bailed out too early but no now I am very glad I got out when I did.
I think more than anything you need an escape route and to really think about worst case scenarios.
What do the long time "positive bias posters" say now, that it is different this time or are there still some out there that hold the belief that the time to buy is when the market tanks in ready for the big upswing?, just like history had proven?, anyone at all who is putting thier money where their mouth is?.
I dont drop in to this forum much anymore as it has become obvious what a winners positive attitude can backfire and that a lot of what has become accepted as written in stone around here by the "winners brigade" has come to a very.....painful reality.
As being one of the long time "negative bias posters" it seems now quite imbedded into this forum that long held philosophies are crashing down all over the joint.
So I am wondering what have people learned from all this?.
I had sold a few properties myself, after the first boom thinking that was it, then it went again and I thought here I go again, bailed out too early but no now I am very glad I got out when I did.
I think more than anything you need an escape route and to really think about worst case scenarios.
What do the long time "positive bias posters" say now, that it is different this time or are there still some out there that hold the belief that the time to buy is when the market tanks in ready for the big upswing?, just like history had proven?, anyone at all who is putting thier money where their mouth is?.
Agree here.
Come on; we are all adults here; give us all the dirt; all the strategies.
We know some are risky, some are safe.
Then, give us all the pros and cons and then let each person make up their own mind how dangerous they want to play the game.