Sorry about that bbm. There was a story that the week of the 1929 market crash, John Rockefellers shoe shine boy was giving him stock tips which made him realise the market had hit its peak and he sold his shares. The example is still used in London today ie when the cabbie or the shoeshine boy tells you what the new big investment is, its time to get the hell out. I havent heard anyone say it here though so i apologise if i confused anyone.
But you see it being played out again in the property market now, in that people who you never ever would have considered investors have been joining the bandwagon. People that by there very lack of investment acumen have no right to invest but are doing so on the guidance of a RE agent who is not even qualified to give investment advice. but because investment advice does not include real estate advice they get away with it.
