re: eye of the cyclone with bhp
I did but mainly to purchase a house outright in Sydney, Beecroft. Bought in 2006 so it was not the peak but I still believe house prices in Sydney will not recover soon. My preference was to rent but impossible to convince the misses.
I sold out between 1.75 and 3.00. So probably I sold a little too soon in hindsight, but if apg would have done the same thing ...... sigh.... anyway they did not go under and I resisted the urge to offload some last FY to minmize OXR CG tax.
APG Price at posting:
0.0¢ Sentiment: Hold Disclosure: Held