Forum Replies Created
You are right. Idiots are and will always be idiots. Thays why we expiate them when they don't see that 'red-man'. Sometimes they need a smack around the face with a fine to see that what they are doing isn't right as some people tend to miss-time the walk and get cleaned up by a truck. It's never a prettty sight!
I do agree with you to an extent that some poeople should wake up to themselves when they invest. Some seem to have a 'gamblers' mentality and believe what they see in a 'dodgy' seminar and then commit themselves to that strategy without any other thought. Sad really. If thats all they want to do, then they can find out the hard way. You would think it would be commonsense to to you home work and educate yourself a bit and see what is on offer first.
The only part that i disagree with you is the fact that you seem to pigeon hole all people that attend property seminars as uneducated 'mugs' that shouldn't be investing in the firstplace. (Not to mention what you are saying about people that run seminars.) A seminar is simply an avenue for people to learn. People learn in different ways and some find seminars a better option than books. There are a great number of ethical and experienced investors out there that are simply helping others out with their knowlege through semirars. Naturally it can come at a cost though, but that is up to the buyer. If you have done your homework and can trust the presenter isnt being investigated by ASIC then you should be comfortable with them. And as 'Jaffasoft' commented, some people might find the social networking part of it helpful.
As the saying goes. – Only fools rush in.
I to have never attended a seminar. I read many books, subscribe to 3 magazines and use the internet to do my research.
I believe that any amount of education that can assist you in your own personal goal can only do good. I appreciate that there may be some significant costs involved in some seminars, DVDs etc that you cannot simply get from some good books, but generalising that people that attend seminars are simply 'mugs' is a bit rude mate. These forums were designed to assist the like minded in offering opinons and suggestions. Not to critisize how people get there education.
Not all seminars are run by shonky people either. Steve has run many and I dont doubt for a moment that those that attend have gained some significant knowlege from his and many other professional investors that run and attend seminars.
I feel that your opinon is a bit naive. Saying that people 'have no idea' if they consider a seminar is only going to tarnish a respected way to educate people. A significant amount of professional people attend 'seminars' to gain further knowlege and inspiration that you simply cant get from a book. Think about how a university course is run for example. It is generally someone in front of you guiding your education. If books were the answer, all schooling would be done via correspondence.
Its a bit silly to suggest that if people want to invest a significant amount of their hard earned cash and are willing to put up the risk, that their education should be limited books the internet and commonsense. I doubt you have the right to decide for them.
Hi Mel, great work!!
At 25 you certainly are an inspiration. I was living up in the Whitsundays (Hayman Is) back in 1996 – 2001 and the area has changed so much since then. I flew up in 2006 for my cousins wedding and was amazed at how much more development was going on. My brother also works co-supervising the construction of the new airport which should bring a breath of new properties to the area – http://www.whitsundayairport.com.au/
I have since changed careers and am now focusing on paying down debt and saving for my first IP which i intend to purchase within the next year. At 30, i feel a little late in the game as i wished i had the sense to do it when i was younger like you. Hats off to you Mel. Keep up the good work and i hope you realize your goals.Nick
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