Forum Replies Created
- bardon wrote:what makes you think that I thin that ?
Sorry, thought you were having a shot at me. Disregard, and no, no money for you
hollandguy wrote:Well from what I've been reading your're the one with the answers. I'm not a millionare like you, I don't have the answers on the market, I can't tell you if rates will go up or down, nor did I say yes to any of the above
However your the millionaire right? you must be famous on this forum? let me ask you 1 question is there even 1 person on this forum who asks you for advice if so what are there names?
Actually I'll ask the question too, who here asks blogs "the millionaire" for advice?
I'm now waiting with baited breath………lol gee budy I would quit while I was behind if I were you-u are showing your niavety!! You think a millionaire is rare these days? I would be surprised if half the people on this forum wernt milionaires, and if you havent made a considerable amount of money out of property in the last ten years you would be the exception to the rule. And that is half the problem, every chump has made money out of property and thinks its a fail safe sorce of ending al their financial woes. Why are you attacking me? Do you not want to even consider that property prices could go down? By the sounds of it you are new to the game and have nothing to offer (by your own admission) so why dont you be quiet-you might learn something sport
Tell me-why is it that you only want to hear positives about the property market? Dont you want to be a informed, knowledgeable and balanced investor? Dont you think only hearing half the story could damage your chances of financial success? Surely if you were serious about investing, wether it be in property, shares or a business you would want to consider ALL the posible outcomes, weigh up the risk/reward and then make a educated decision? Seems to be you are a newbie who only wants to hear the good and not even consider that bad. Well hopefully if anything our 'discussions' may have put a little seed of doubt into your head-seek out the answers you so obviously lack, do some reading, check the financial papers, understand the fundamentals of debt and the economy, consider where the economy may be headed over the next 5-10 years, and then once you have formed a view by all means jump in and argue your point.
But to mouth off with absolutely no basis of knowledge just shows your extreme level of ignorance and immaturity. Dont worry though, I dont take it personally-hopefully you will learn something out of this all….after all, we are all here to make money-how do my comments do anything unbeneficial to you? Other than open your eyes to a scenario you may not want to face? Do my comments have any impact on the property market? No. Do my comments stop anyone from making money? No. Could my comments allow someone to consider all the sides of the story and potentially save them a loss, YES. So what on earth is your problem sport? Blinkers?
bardon wrote:since I am greedy and you are trying to help and to show that you really care why dont you PM me and I will send you my bank details and you can chuck a few bob in my account.Why would you need anymore money? You obviuosly have all the answers-property is going to continue up like a rocket-you have it made buddy
No you are crazy-everbody KNOWS that property prices only go up, especially after a record bubble and unsustainable debt levels combined with never before seen levels of cost of living increase
Keep blue sky dreamin fellas…scamp you are sooo full of sh!t, everyone knows house prices are just gunna keep going up, dont get all logical here mate-dreams carry much more weight lol why face reality when you can live comfortably in la la land?
scott8afl wrote:Scramp,Now is the best time to invest in property. What you say makes no sense at all. but you wait till 2011 and buy property at the higher prices and well buy now when people need to get out so sell cheaper.
so in 2011 look for a property I have for sale so I can make my profit from you.
Scramp makes no sense? What the?? You say "you wait till 2011 and buy property at the higher prices and well buy now ", by beeing 'cheaper' now I presume you mean after neglecting to take in mortgage repayments and various expense items? So tell me Scott-youhave obviously done your sums, what rate of capital gains do you need over the next 3 years just to break even? You can even throw in a 10% rental increase a year if you like. Please just tell me and I will go away….Im sure you have the numbers ready to go?
amsjerm wrote:[The only thing i can think of are interest rates dropping, but by then I believe it's too late.I dont think so-look how long it took the market to move up on historically low rates-doesnt happen over night. Im still waiting for someone to explain to me how all thsi increasing debt (to cover your increasing property prices) is going to be funded??
Another nail in the coffin-read an article food prices are expected to double over the next few years..it just gets better and better huh
Andy,
Nice comments. My basic argument is that things are gunna get worse before they get better, so unless you come across a bargain I would be suring up capital and waiting patiantly. Basic risk reward-the odds are that prices will stagnate if not drop more than prices rising. Thats a good enough risk analysis for me to sit out for the time being. If I was to buy know only to see my property stagnate or drop I would be saying to myself 'o.k why did you buy, what factors told you prices would be increassing' and at the mo everything is telling me the opposite. Good luck to all-courage is needed in life no matter what you do…
And I have enjoyed the fisty cuffs, car park at 10:30, winner takes all
