Forum Replies Created
- APerry wrote:It's been settled, all economists should be fired on the spot. Scamp and Blogs are the only people worth listening to!
HAHA Classic! Honestly I would love to know what you guys (Blogs and Scamp) do and where you guys come from?? I have a sneaking suspicion you are the kind of people who keep coming up with excuses for not ever investing in anything just drag others down who are trying to get ahead in life. If you both claim to know so much about the future why didn’t you both buy half a dozen properties in W.A 10 years ago or but $100,000 dollars worth of Midwest shares 2 years ago at 69c (currently worth $7.00)? I can guarantee you wouldn’t be sitting behind a computer screen now from some dimly lit office claiming to know something about the economy. You might be more like me and some of the other people on here who are feeling positive about the future due to doing our research and also understanding the basic rule of investing” There are always opportunities to make money in any economy you just have to get out there and find them” I wish you both the best of luck you will need it with your predictions!
blogs wrote:ormeau wrote:WOW, your a fool. I hope for the sake of the Australian public that you are not a financial planner………Gee you really got him there-god knows how he could ever rubute such a witty and intelligent remark as that. The way you have justified and backed up your claim has without left scamp no option but to admit defeat and go home with his tail between his legs..
lol you are the fool. Keep the comments coming, Ive been saving them to show my kids in years to come just how blindly ignorant people can be when overcome by greed and fear.
Oh for God sake I hope they haven't let you breed!
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Giddy up-just gets better and better!! I wonder how all these fools with massive mortages are guna survive with petrol $1.60+, interest rates 10%+ and infaltion running over 4%!! Im gunna enjoy buying some properties in a year or two!![/quote]While you "enjoy" waiting for the courage to actually buy a property over the next year or two we will enjoy your attempt as using the English language.
Lots of us have massive mortgages but if the right planning has been done then this usual cycle in any investing venture should not hurt too much. The $600 000 I have added in equity over the last 3 years and 50k+ a year of rent I have enjoyed receiving will hardly be undone by this fairly standard cycle in the property market.
I wonder if our grandparents would have called us fools for paying 500 000 for a property in this day and age when they were paying 20 000 in theirs?
Its all relative and where there is a will to succeed there is a way but you have to be in it to win it.
Good luck!