Reply: 1
From: Adam Weisser
Firstly, let me just say that I am looking to buy my first IP.
If the property cycle was about to move in a downward/less demand direction, does that mean that I shouldn't buy now? Would capital gains not be forthcoming?
I guess if you wait long enough, you would eventually realise capital gain. It's just a question of when.
How do other people respond to this kind of report? I can imagine people with existing IPs might think: "I've got some already, so I'll just stick with them". But for people like me wanting to get started, I'm thinking: "I might put my money into shares until the cycle goes around a bit and then buy when the bargains start appearing".
Then again, I know that there are always bargains to be had.
Sometimes I think IP is too hard. My brain hurts.
Adam