what is the point?, page-40

  1. 17,117 Posts.
    my brother is a pessimist....he has been predicitiing everything including housing will come unstuck....he has been repeating himself for over 20 years.....
    he never ever sees an upturn or a swing around....
    he says I told you so, if he gets one year in 20 right....

    needless to say he has been very unsuccessful....as an investor

    a prudent investor, uses caution, ......
    the wild 'pigs might fly' assertions, are not the characteristics of a successful investor......

    no matter what they tell you....
    nor how many times it is repeated....

    now, there will probably be some interest in housing around Orange and Blayney...with the 2 billion gold mine...Newcrest...the next mining boom adventure.....

    I prefer to invest in my own suburb....where you know what is going on, familiar with same
 
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