Well said Scamp.  (your reasoning on why RBA should not decrease interest rates)Lets see if the RBA does what it needs to do or bows to political pressure.Lets see if the RBA further destroys the long term health of the nation by bowing to political pressure and reducing rates.I'll bet they go the wrong way, reduce rates in September for short…[Read more]

ScampLost a lot of credibility with your most recent statements.No one can make a reasonable assessment of whether RBA will decrease rates or not as they do tend to make mistakes and bow to political pressure.  US a third world country? –  US minimum wage is $6 per hour, they have a very low currency, they are recognising their problems, the b…[Read more]

Here it comes.  What most believe will not happen here.  The inevitable.  Markets are just that – markets – driven by fear and greed.

ScampThank god someone knows something about investing.I agree with you entirely, being a professional investor myself.Unfortunately, as people have short term memories, people buy investments based on emotion on what has been doing well.  This means they are buying high. All investors should know the basic principal of investing :  buy low / sel…[Read more]

Matt

Be very careful going to education seminars about property investing.  Most of these seminars use education as a tool to get you to buy a property from them at a much higher price than market prices, usually pocketing many of tens of thousands of dollars if you sign up.  They will usually also get you to finance through one of their a…[Read more]

Matt

Be <u>very careful</u> going to education seminars about property investing.  Most of these seminars use education as a tool to get you to buy a property from them at a much higher price than market prices, usually pocketing many of tens of thousands of dollars if you sign up.  They will usually also get you to finance through one of their a…[Read more]

Matt

Be <u>very careful</u> going to education seminars about property investing.  Most of these seminars use education as a tool to get you to buy a property from them at a much higher price than market prices, usually pocketing many of tens of thousands of dollars if you sign up.  They will usually also get you to finance through one of their a…[Read more]

MattBe very careful going to education seminars about property investing.  Most of these seminars use education as a tool to get you to buy a property from them at a much higher price than market prices, usually pocketing many of tens of thousands of dollars if you sign up.  They will usually also get you to finance through one of their a…[Read more]