Forum Replies Created
Wayne,
I love doomsayers.
Personally I think you’re overlooking a number of events in your claims of thirty years of economic growth….1987 correction, DotCom crash, Asian crisis, 9/11 crash, South American crisis, etc.
Of course if you look at it across thirty years they all look like minor bumps in a constant upwards march….But so does the Great Depression if you look at the last 100 years.
Frankly it’s a matter of scale and definition.
Will there be a bust – um…what’s a bust?
Define what you mean by a bust & then we can have a real discussion
I know some very smart people too – none of them are stashing gold, silver or platinum in the ground…..but a number of whom are spreading their risk across a number of different asset classes.
Good luck waiting for those ‘substantially’ lower RE prices! (whatever you mean by substantial)
And remember – you should NEVER try to apply identical metrics to shares & property – you lose every time
Globally there are always ups and downs….the secret is in making sure you have good suspension
Cheers,
Aceyducey
Guys, put aside whether or not SIS has achieved as he’s claimed for a moment.
Think instead about how you feel about the concept of a 21 year old having achieved at the level SIS claims to have achieved. Possibly having achieved much more than you have in a much shorter time.
If you feel disbelief or jealousy or any other ‘negative’ emotion – doesn’t this say more about your feelings about your own abilities and achievements than about theirs?
Also with this kind of reaction to someone else’s success, what does your attitude say about your belief in your own ability to achieve?
And you don’t need to be ‘gullible’ to congratulate others on their success. If in the wash it turned out that someone made it all up – big deal. It’s worth celebrating success – it uplifts everyone involved and it’s only the person who lied to themselves about their success who is pushed down.
Success should be celebrated – it doesn’t mean that the people celebrating are gullible, stupid or anthing similar if the object of the celebration was lying – success should STILL be celebrated!
Good on you SIS – I hope you not only continue to do well, but you begin to look at ways you can help and inspire other young people to aspire to their own ambitions.
There’s a push on at the moment to provide greater financial education for young people – you’re an example of the result of seeking out this kind of education. Why not see how you can offer your services, speaking at schools, moderating events – whatever.
Because at the end of the road you get out of life what you put in
Cheers,
Aceyducey
