Selmax, it's all about vision mate. Most investments are good,...

Selmax, it's all about vision mate. Most investments are good, be it property or shares. However, it's not what you pay, but when you pay. The timing is everything. Houses around the world were in a slump in the 90's - no one wanted them. But keen investors snapped them up and are now laughing. But now is not a good time to be buying a home, because when cannot see a bottom there - yet.

Are we at a bottom for shares? No one knows! But it may well be.

But this guy in his late 70's - what is he doing! The usual excuse - 'it's not a loss unless you sell'! True, but your wealth is still down and one day you may be forced to sell.

Then what?