Heres the best investment. Avoid the news, unless its SBS, don't buy the paper, this weekend in the Swan Valley it was packed, people have had a gutful of the negative media, I have had a gutful of the paranoia on this site by the negatives, don't read the papers, they are not there to inform, but to sell, avoid the economists, they need to kowtow to their bosses and pretent to explain the obvious, petrol $8 a litre - who headlines rubbish like that?, The Oceans are not swallowing up the coastal areas just yet, media have discovered climate change and you would swear the sky has caved in.
Fundamentals are there, no recession, strong resource based economy, banks still strong by world standards, massive emotional overreaction to the ASX , property not in massive decline. In Perth 6% decline on the back of at least 100% decline is hardly the end of the world.
Switch off when you read the trash Murdoch press. Just vultures feeding our fears. Enjoy life. We have it very good here.
