Funny how every so called "trader" or "investor" thinks they can forecast everyone financial future.
How can the bulls or bears come on here and say that another investor has made a bad decision based on a fluctuation of price.
Property markets are no different to share markets, bond markets, etc. You have a strategy, entry, exit, holding costs, tax and MONEY MANAGEMENT!
The failure of traders and investors is not performing due diligence.
Money can be made in any market, but only a person using money management and performing due diligence will actually be profitable.
There are all sorts of talks about the economy going south, rich staying rich or getting richer and the poor getting poorer.
Maybe you should consider that success comes from doing your homework and taking the blame for bad decisions.
My 2 cents!
Miike
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