"No one ever wants to blame themselves, always someone else. We all knew when we were getting 10%+ interest that there had to be some risk involved..."
It's music to my ears. I sometimes think fmf investors believe they are the ONLY people that have been wronged or lost money as a result of the GFC.
Whilst all this bluster regarding the RE goes on, I can only sit back and look at the substantial devaluation of MY ciy investment. I know for a fact it is currently much larger than the 35 odd percentage points reduction in the value of the fmf units (unrealised at present). But I invested in ciy in the first place so that was the RISK i was taking - i have to live with the consequences of my decision. I can't change what happened in the past, i can only learn from it and try to work out whats best for the future.....
Oh, and by the way, has anyone considered what cba would be thinking of doing if B/T take over as RE?
Cheers, Mac
CIY Price at posting:
5.1¢ Sentiment: Hold Disclosure: Held