shares are fantastic. that's why I'm here on HC. But look what has happened to the market in the last week. There is still a nagging question in the back of everyone's mind " Is this correction the big one ?"
the whole thing about res property is diverity. I don't own 14 properties as some do I only have 3 including the one I live in and I'm tossing up about buying a 4th.
Gearing is very important to me and I fear for my fellow landlords who do make the assumption that things will always be as they are. If there is a major crash, and it is possible (though not probable in Australia), I would rather have 4 properties that I own than 14 that I owe 2 million dollars on.
But anyone who is big into shares and doesn't have it underpinned with res property, even if it's just their own home, has rocks in their head.
property 20 years lockout, page-100
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Last
$60.00 |
Change
0.520(0.87%) |
Mkt cap ! $11.63B | |||
| Open | High | Low | Value | Volume |
| $59.54 | $60.22 | $59.50 | $25.48M | 424.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 600 | $59.98 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $60.01 | 288 | 1 |
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