Forum Replies Created
Hi Pisces,
I kinda agree with Jet.
If you call gut feeling a decision made after studying fundamental and technical indicators then fine.
A gut feeling made on an emotional decision is russian roulette and will lead to failure more often then not.
The market areas i am looking at are down 10-20% from peek. I think they have another 10 -20% to go IMO. But the best bet is we wont know till after the election (and probable rate rise).
Logic should dictate after answering this question… Is it more or less probable for a rate rise sometime this yr or early next?
Once you answer that (i answered more probable)
I then ask myself …So if the interest rate rises what decrease in property prices will people view as FAIR value and what can they also afford (also trying to factor in the emotional effects of the market at that time. (THAT GETS SCAREY especially since we have only had .5% rate rise so far ….oops i might have been a bit conservative in my prediction
Hi Kay ….your view confuses me on what is fundamental and what isnt [confused2]
What you said your plan is with property is essentially the game I play with Options (but I use as much technical and fundamental researchAs i can find [biggrin]
Cheers,
Ted
Originally posted by kay henry:petersemail asked:
” does anybody know what is means and how do people get access to products these people use”
oh dear, peter… that is EXACTLY what kiyoasaki wants you to think. Sometimes people use terms that have emotive connotations… wanna be a “sophisticated” investor? (looks, sounds and feels like expensive cars, lifestyle, women draped off you because you are so “sophisticated”.) then if you want to be this kind of investor… why not try my “super secrets of the sophisticated investor” kit? hehe. It has my sophisticated games, deck of sophisticated money cards, a sophisticated keyring… you get the picture.
No amount of money is gonna make one sophisticated if one is relying on products to get one there. As for me, i’d rather be like a character out of charles dickens- pip- with rough hands and no sophistication at all- than try to emulate some term that has no real meaning, but acts as a marketing tool to sell more products to aspirants.
kay henry
Originally posted by Monopoly:Hi petersmail,
Sophisticated???? Hmmmmmmmm, grown up, mature, versed, experienced, the list could go on!!!! Just another word which is the “flavour” at the moment, and as rich as your cafe lattes, amongst the affluent and the hopeful members of society.
[biggrin]
JOLoL if you dont understand do you just take a wild guess and totally discredit the concept. Imagine if someone tried to discredit +ve geared property……..
Products for sophisticated investors do exist.
They carry more risk generally and are more complex then shares, managedfund investments that people are familiar with. The main reasons they and are not suitable for the average person is because of a/ funds required to participate (at call) /b education c/ risk/stress management d/ my initial impression >> a bit of a boys club…
I have a friend that works for one of these large broking/merchant banking institutions and the investment concepts available to specific clients and other retail institutions he talks about hurt my head
I will stick to Derivatives and shares!!
Originally posted by thefirstbruce:Originally posted by kay henry:What is funny, Bruce? I don’t get your point… or is that funny too?
kay henry
Kay, It’s funny because the ABC pride themselves on being the most politically correct unbiased organization in Australia. This is despite there being no one on Radio National whose right wing views are as extreme as Philip Adams’ are left, let alone 5 days a week every week. Nor do the ABC have anyone with right wing associations as intimate with the left as are Maxine McKew’s, Kerry O’Brien’s, and Tony Jones’. Further, ABC tv’s appreciation of private commerce amounts to Alan Kohler’s 45 second quirky quips in the nightly news bulletin.
Therefore Kay, the humour lies in the paradox of the ABC’s philosophy of avoiding imbalance and unPC stereotypes and their decision to choose two females as victims of poor financial management, let alone flights of delusion. That’s difficult for me to reconcile, how about you?
However, it’s possible that due to the budget constraints the ABC works under, maybe they run out of time trying to find a male victim of surrendered financial responsibility in the time that it took them to find two female victims. Or maybe it was easier to find two female victims because females complain more to various agencies than males do.
Further, if you have an issue with your sex’s capacity to responsibly manage financially, I am sure your efforts would not go unnoticed wherever there is a poker machine. You could also approach Westfield and Coles Myer about the gross imbalance between floor space devoted to retailing of men’s apparel versus women’s. After all, if the shops weren’t there, then women wouldn’t spend so much on clothes, would they?
And I am not saying men don’t p*ss money up against the wall either. It’s just that they generally don’t go off blaming someone else when they do it.
Bruce
Mooloolaba, Qldbump
