love the attitude....no one interested in the truth, they prefer the 'faulty crystal ball scenario's' instead.
I posted the links to the charts yesterday, showing 30 countries and actual drops in prices.....there were also rises...and good ones at that...
the 'crystal ball group', prefer their idea, if the stockmarket crashed 50-80%, then the housing market must also crash a similar amount! they do not seem to mention cash...unless they cashed in the shares and expected rates to stay high... the main argument appears to be only two asset classes..shares or realestate, either one or the other, never a combination
in the old days, the investor was advised to split the investments into three main asset classes...namely cash, shares and realestate...say 33.3% allocated to each 3 classes.... the reason behind that approach was all 3 would not fall or rise at the same time...one class up, another down, etc...and stay long enough to ride the cycles, and never put all the eggs in the one basket.. lets see how the old system compares..when we review the situation in 2010 cheers
