Forum Replies Created
- Freckle wrote:Maybe age has its benefits in some respects.I've been watching this thing for 20 years on and off.
Age also brings with it cynicism and over-analysis. Seems like you have been chewing on this for so long its time to spit it out.
Freckle wrote:We passed sustainable when we hit 3 billion.I disagree. Population size is not the deciding factor in terms of sustainability. The term sustainability was unknown to most when this figure was first reached.
We don't all live on disconnected islands and your theory is not applicable. Sustainability is highly dependent on the practices of society and the demand on resources. Yes we are effectively raping and pillaging the Earth and this will continue for some time yet. Unfortunately change is dictated by consumerism and economics and not something that can be forced. Although oil based products are used abundantly in todays world, our future dependence will be dictated by technological advances in renewable technologies, rather than a depletion of non-renewable energy sources.
Depletion of rare Earth metals is another story all together..
freckle wrote:Then you weren't listening. Hubbard was predicting peak oil. IE when supply and demand would separate. Discovery rates aren't matching decline rates. Everyone already knows this but cling to the idea that technology and some new super field will be found. problem is there has been no significant new finds for decades now.Ohh I was listening..This stuff is written in the old science textbooks I still see lying around today. Its amazing to see that transition in common science based knowledge over the years.
freckle wrote:I thought you were smarter than this. This is pure fiction!!This is referenced from the 2013 textbooks written for the Australian curriculum. They state Coal >200 years. However, I take it with a grain of salt and it is really not possible to put an exact figure on it..My point being oil has a long way to go yet. And that is not assuming access to the vast resources that lie in countries where political or geographical constraints lie.
freckle wrote:You need to stop reading marketing hype for investors.haha its not like I invested in them – the share price has gone south indicating a vote of no confidence. The fact test wells indicated higher grade shale means that there is yet another unknown deposit lying wait.
Now on a side note I'm getting my valuation completed next week after 6 months of extensive self renovation on my PPOR. Very rewarding being able to sit back and admire the work done and money saved.. I've decided to get a little inventive for the next purchase… Hopefully I'll no longer have the 'dumb as chips muppet' stereotype laying over my head
The Sunshine Coast market is certainly moving.. If you wanted the big discounts you have missed the boat.
I don't have time to keep up with you! Work is suffering
sciencesurf
http://sciencesurf.wordpress.com/
Email Me | Phone MeClick my website for the Sunshine Coast Property Blog
Freckle wrote:I can't exclude myself from this group totally as I have been guilty of being the fool in earlier days and am not yet rid of the odd foolish impulse.
Nice to see some humility
I am far from understanding the complexities of investing. I guess only experience, exposure and a bucket load of reading will change that.. However, I could sit on the sidelines, like the majority do, or join the 'fools' and place myself strategically in a position to get lucky.
It's usually ones greatest failures that drive people to succeed. Whatever happens I'm prepared.
I'll keep you updated on the progress of the portfolio over the coming 12 months (is that your current financial collapse prediction?). Maybe that China thing will kick in by then and you can really get stuck into it.
sciencesurf
http://sciencesurf.wordpress.com/
Email Me | Phone MeClick my website for the Sunshine Coast Property Blog
Freckle,
I was initially quite annoyed with your passive aggressive comments asking me to back up my opinions. I have been regularly reading this forum for a year now, and love the content – including your extreme views on just about everything. I especially liked your claims of robots taking over the workforce, with the included picture of a burger flipper. Classic.
I am passionate about property investing and therefore decided to join in the discussions to hear other peoples views about the property market I am invested in. I did not join to have my opinions, just opinions, discredited by claims of waffling.
Not every statement needs to be backed up by statistical analysis and charts. Working in the science field I understand the need for measured data to provide support for an observed event or process. But in terms of data supporting this Chinese rollercoaster everyone is on, I'm not biting. The future is not observable and only time will tell. Plus the old trading line comes to mind 'What you least expect to happen is what will often eventuate'.
In particular, I am not 'buying' into the contraction of the Chinese economy and its effect on our property markets, because, put simply.
I'm not interested in CYCLES. My strategy is BUY and HOLD and long term at that.
We have fantastic serviceability, highly secure employment and most importantly
MONEY naturally devalues over time.Work with the system not against it.
And after all that, if you still need your 'fix' of statistics, have a read of Pete Wargents' article responding to Harry Dent's claims in his latest public offering.
Fantastic blogger, in my opinion
sciencesurf
http://sciencesurf.wordpress.com/
Email Me | Phone MeClick my website for the Sunshine Coast Property Blog
