All Topics / General Property / Interesting article- 345 years of CG’s

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  • Profile photo of Fast LaneFast Lane
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    @fast-lane
    Join Date: 2004
    Post Count: 527
    June 11, 2005 - 7:24 am

    This just popped up on http://www.news.com.au

    http://www.finance.news.com.au/story/0,10166,15574697-521,00.html

    Interesting to see another take on the current state of affairs. Talk about taking the bigger picture, long term approach!

    Enjoy…G7

    Profile photo of HotRodHotRod
    Member
    @hotrod
    Join Date: 2003
    Post Count: 85
    June 11, 2005 - 10:43 am

    mmm

    I’d be worried too if I was 345 years old and still not getting a good return after all that time.[agro3]

    I think I would have kept my money in tulips and then waited for the dot com boom![bomb]

    Later………

    All things are possible to the person who believes they are possible.
    Whateve the mind of man can conceive and believe, the mind can achieve.
    Napoleon Hill

    Profile photo of foundationfoundation
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    @foundation
    Join Date: 2005
    Post Count: 1,153
    June 11, 2005 - 11:32 am

    Thanks for the link g7. A fascinating read. I might have to get a copy of Shiller’s new book. I thought it was just an update to his Irrational Exhuberance (2000), but it sounds like a fair bit of real estate research has gone into the new version.

    HotRod, I hope you’re not knocking tulips or DotCom stocks? Many people became fabulously rich by getting in on the ground floor in both cases and taking profits before the collapse.,.. in Australia the same occurred with austrich farming, angora goats, alpacas etc. Not to mention the latest…

    Hooroo, F.[cowboy2]

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