distribution of wealth , page-7

  1. 17,482 Posts.
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    Director

    I think you've got your finger on the pulse with investments. I think good Australian companies with a future are the way to go.

    As for real estate well I don't believe all the hype about property values are taking off, maybe in Sydney with all the Chinese buyers but I think its due for a big pullback in the next couple of years. I personally know people that have about 8 properties and own 1 of them. Scary Scary stuff, I tried to tell them its a house of cards but all they could see were the dollar signs. I do own my house though but If I sold that Id have to buy another one.
    Im in and out of the Stock market and at the moment Im out. I think with the Dow and S&P so high on nothing something is going to crack soon. What a world we live in when the printing of billions of dollars makes the markets rise to new alltime highs.

    It makes me question my own sanity at times which is always in question.
 
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