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
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 HillThanks 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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