I don't know why you even bother posting, all you ever do is provide witty one liners like "how old ar you"......wow.
And all you ever do is post the same doom and gloom stuff that a hundred before you have done..................WOW
How about you respond to the arguments, the threads, or I know back up what you have said and provide some eveidence as to things being discredited, or what that 17% drop refers to as you roll around laughing.
Gee mate, how about you back up your own argument.
It was your link. I just took a snip from
your linked article pointing out that BIS, who you would have said previously were fools, are now credible.
I was questioning who was the greater fool, BIS or the poster that chops and changes his impression as to who is a credible source on an article depending on when it suits his post.
Every single post I have made on this thread has backed up sound reasoning and evidence, my posts are vastly more reliable and have consistently proven to be correct - all you do is attempt to discredit the person with very poorly constructed one liners, truly infantile stuff.
Who says youre posts are more reliable............You?
You used BIS as a source
, you realise how silly and unreliable some would suggest that makes you look?
Instead of clogging up this thread with what amount to truly, juvenile, if not out right embarrassing character shots, try and actually do some research and show some form of credibility.
Put me on ignore then, or how does it go, "I hope you enjoy the pension".
Why would I waste my time going over the same thing over and over and over and over and over and over and over and over again.
Its been done ad infinitum and ad nauseam here already.
This is why I suggested you use the search function in future.
And to the post above, if my investments go down in value - they go down. That's my point, attempting to influence market sentiment by posting inane, delusional and denials of market reality is not going to change that fact.
Wow, incredible deduction prices go up and prices go down, which one of those uni degree's was required to figure that one out.
Do you honestly believe that the small amount of posters and readers here compared to in the market make any difference to actually influencing that market?
If you do, may I suggest that it is you who are delusional.
However I have no interests worries, capital outlays, or any other debt obligations like I suspect almost all of you do.
However on paper I may get smashed, however that is the point I am trying to get across here,
Family run portfolio extends to 15 acres of approved subdivision property in Australia's première coastal resort, 30 house / apartment urban development in central capital city, pubs, residential property.
I have to say, it sounds like old money, if its Family run and you have been overseas, is it any wonder you have no interests worries, capital outlays, or any other debt obligations.
I may be wrong, if I am, congratulations are a Hero and a Legend.
May I present you with the "Financial Legends Merit Badge"
only the biggest fool could ever believe that we are not going through the most severe down turn we have seen decades, its simply a fact. Further the evidence is stark that the Australian situation is very precarious nationally due to huge down turns in demand, which will cost unemployment massively which will completely undermine the market..
Again, the actions of the government clearly indicate that they are concerned with the market, their is an imbalance, providing grants and assurance to mortgage defaulters is undeniable evidence of this.
The supply of housing in Australia has been acknowledged by the TBA and many other institutions to perhaps not be as under supplied as is being made out, figures are consistently showing this -
the indicators are lining up all the way down the block and across the street park that there is a massive correction coming.
I have never denied that, if you say I have you are a liar.
Its the size of the correction I have an issue with.
Remember it has to be 40% plus tipping point Q1 2008, not just a few places here and a few places there that have had a haircut.
I have backed up my arguments succinctly and with external sources - you have not.
What external sources, Bis crapnel and Steve keen?
Do a search on here mate, there are plenty of external sources used to back up the same old arguments, but the sources this forum uses you would probably discount as being unreliable or having a vested interest.
Dave
