-
Share
17,319 Posts.
981
17/04/08
14:22
Share
"When the vast majority of replies to your greed blinded bullish views"
Are we greedy?
I hope so...im here to make as much money as I can
After all it is called property investment.
Are we blinded?
The FACT is property investors have made good money and will continue to do so.
Luckily we are not blinded by bears.
Bullish?
Property investors are always pretty bullish.
And there is no reason not to be, in fact you make as much if not more in a bear market as a bull market.
Bears have 3 gears.... bear,wait and sell...thats why they always miss the boat.
bulls have 2 gears......buy and hold
currently are we heading into a bearer market?
maybe to some extent.... yes.
So what do any media driven bears do.....they sell
The bulls.....hold and buy up from the nervous sheep.
Then when:
Interest rates start to drop
Rents rise higher
Immigration levels rise
Supply of houses reduces due to sellers/renters increasing
then the bears come back into the market
Us bulls then might sell a property here or there, and if not just hold as we have always done.
-