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  • Profile photo of believenothingbelievenothing
    Participant
    @believenothing
    Join Date: 2005
    Post Count: 4

    Hmmm….interesting to see the resident ‘gurus’ voice their opinions once again. It’s almost as if “keenaz” was simply created to feed their never-ending thirst for slander.

    Nat R
    Poor, poor Natalie. “The voice of reason” as she so openly proclaims. 15 years of watching numbers and graphs would send anyone round the twist, so we can’t be too harsh on her. It’s common problem with many ‘professional money makers’, they have too much emotion. They assoicate work with money and refuse to accept that you can make it without being a ‘full-timer’. So Natalie, how is the palace? And a successful trader like yourself would surely own a large property portfolio. With your spare cash you could easily afford a dozen or so properties per month, and more if you were to borrow money for them.

    wayneL

    Your jokes regarding KFC are simply hilarious, I don’t know how you do it. So how’s the market in the west Wayne, surely you’re cashing in? Or are you too busy trading the US markets to worry about the gold mine in your back yard? Another man trading his time for dollars (no pun intended), and trying to convince others of their disaterous financial state. Please note the name of this site, and the investment vehicle associated with it. Go frequent those other forums which you do, there are enough here to keep your work going.

    kay henry
    After all this time spent ‘moderating’ property investors, surely something would eventually rub off kay henry. But what’s the matter? Prices too high for you in New South, or are you too busy watching the bickering of 50,000 faceless names to be concerned with anything else in your life. Keep posting, that’s the way. Not long before you reach the 3000 milestone. We could celebrate. I will be, I’ll be throwing darts and round, ugly bright green balloons. It might be better if you don’t show up.

    Oh, I know it won’t be long before this post is disposed of most promptly. But the beauty of this small selection is they simply can’t keep away. Like an addict to his drug of choice, these three will undoubtably see these comments the second they are posted. Magnificent.

    Profile photo of believenothingbelievenothing
    Participant
    @believenothing
    Join Date: 2005
    Post Count: 4

    Again, let’s put away the crystal balls and do some light research into the matter.

    “I know of no severe depression, in any country or any time, that was not accompanied by a sharp decline in the stock of money, and equally of no sharp decline in the stock of money that was not accompanied by a severe depression.”
    -Milton Friedman, 1976 Nobel Prize winner for economic science

    Interesting. But should we believe a Nobel Prize winning economist over a ‘guru’ or the local tabloid (or even our beloved crystal balls)?

    What do you believe?

    Profile photo of believenothingbelievenothing
    Participant
    @believenothing
    Join Date: 2005
    Post Count: 4

    Interesting to see some discussion on the next depression. But let’s put our crystal balls away for a moment. Does anyone know what causes a depression? For example, let’s look at the depression from 1929. Any thoughts on what caused this rather depressing time in history?

    * Do you believe that it might be caused by a sharemarket crash, because there have been plenty of crashes since then which haven’t had this effect.

    * Do you believe that it might be caused by a really BIG sharemarket crash, because the crashes since then have wiped much more money off the market than the one in ’29.

    * Do you believe that everyone just got ‘depressed’ about things? Because A LOT of people were depressed when the tech got wrecked. And no ‘depression’ then…

    * Do you believe that a property market crash might perhaps cause a depression? Imagine a bank not lending you money to buy property in the US? Sounds like ’89, but no depression.

    * Do you believe that we all agree on a date, and then quit our jobs when this date arrives?

    * Do you believe that a war causes depression? No depression after WWII.

    * Or maybe you believe that the date of the next depression comes from a book, or one of your financial know-it-alls?

    What do you believe………….?

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