a bit of topic - but does anybody have a direct link to the asx listed property index. watso has had a bit of a look, but cannot find it. a graph would be nice
for her super, mrs watso opted for the "property and infrastructure" choice. the latest update, which was for the month of november, showed a .99% (ie 1%) increase in value for the month of november. Apart from cash, (and fixed interest) this was the only sector which showed an increase for the month
not talking big bickies, but cash might be a good alternative at this point in time
watso found this on the net (business age 12 jan)
"The property trust index has lost about a quarter of its value since November last year, and 13% overall for 2007. But Property Investment Research senior analyst Mark Wist says that it is not a time to panic about the viability of the industry".
mrs watso's fund showed a 2% return, for the financial year to date (ie to nov 30). watso would presume that the numbers for december will not be pleasant.
mrs watso, after having done a shift at work, is having a rest, and is blissfully unaware of how the value of her super, may have dropped 25% in the past 6 weeks.
CNP Price at posting:
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