what if, your parents bought you a house, page-35

  1. 17,117 Posts.
    for all the bears...
    I bought property in 2000 to 2002....then took some profits, sold half the stock in 2004, done nothing since.....

    so what did you do with all the share profits....
    in the same period
    in this chart it shows stocks were at 3000 june 2000...then 7000 by jan 2008...more than doubled
    so did you take profits, then reinvest in the same market...what did you do with your profits ?

    stock chart growth looks remotely similar to property for the same period


    sounds like you did not buy property with the profits

    that chart shows shares are back to 4000 since 2008
    still good profits there....
    property has not dropped 40% in value as have stocks in the same period
    which has been the better investment in that period ?

    http://www.tradingeconomics.com/australia/stock-market
 
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