28-04-2014, 08:51 AM
(28-04-2014, 12:03 AM)Big Toe Wrote: Never say never. Much like the runaway prices and cooling measure, it took so many rounds to cool the market off.Buy & Hold in any investment doesn't work as well as B&H FH property. Why the very rich even B&H just marsh land for generations to come. They have the money, the power and the visions for their next generation, next, next generation. They know fiat money is not really an asset that can hold through generations.
Similarly, it will take more than lifting the curbs to stop a rapidly sinking property market if it happens.
When the drop in prices accelerates, fear sets in property investors. Add rising interest rates and a large supply, the picture does not look too rosy. At current prices, the rental yield is quite pathetic for nearly all types of property. Those who think that prices will fall slightly/government will step in should really re-look their property portfolio and stress test it. History says property would crash(or drop significantly) after a period of boom. A matter of time before it goes much lower....and a matter of time again before it recovers again.
Wealth does not keep through 3 generations may be a myth to some very Powerful & Rich family.
So much for legacy and us (the ordinary working class).
WB:-
1) Rule # 1, do not lose money.
2) Rule # 2, refer to # 1.
3) Not until you can manage your emotions, you can manage your money.
Truism of Investments.
A) Buying a security is buying RISK not Return
B) You can control RISK (to a certain level, hopefully only.) But definitely not the outcome of the Return.
NB:-
My signature is meant for psychoing myself. No offence to anyone. i am trying not to lose money unnecessary anymore.
1) Rule # 1, do not lose money.
2) Rule # 2, refer to # 1.
3) Not until you can manage your emotions, you can manage your money.
Truism of Investments.
A) Buying a security is buying RISK not Return
B) You can control RISK (to a certain level, hopefully only.) But definitely not the outcome of the Return.
NB:-
My signature is meant for psychoing myself. No offence to anyone. i am trying not to lose money unnecessary anymore.