blueballs,2 million is a big call and a fair way into the future...

  1. 504 Posts.
    blueballs,
    2 million is a big call and a fair way into the future from here.
    My dad also bought in Balga at 22k in 1970.
    Current value in Westminster ( renamed ) is around 500k.
    Expect Balga will be 2 mill around 2030.
    Not to shabby if you can wait a quarter of a century.
    My point is time in the market.
    If you can invest in property and treat it as a long term investment like Super you will do well.
    I can remember ( and I'm 50 ) Two hectares in Wanneroo cost my father 2k.
    Sounds like a joke,but thats time in the market.
    Cheers
 
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