hey Warnie, it really is an uphill battle.... I love the so called ...logic...that houses do nothing for the economy except a roof over their heads....whereas with stocks well they produce a dividend....
its a ridiculous attitude... for eg BHP produces steel etc etc etc....driven by the demand in housing and infrastucture...
all those builders, tradies, hardware stores,furniture and whitegoods,lawnmowers, barbeques,,,the list is endless, all feed off housing for their survival.... not to mention all the other people that run a business mowing lawns, nannies, cleaning etc...
hey if we all lived like they do in the 3rd world countries, under a tree....or in a tent....there would be no demand for the big companies shares or stocks....so the bhp's would be out of business.... no need for whitegoods, or the lawnmower.... have they...any idea whatsoever about the wealth that is generated by the thousands of small businesses that are tied to housing....
