I think property around SE QLD is peaking at the moment. There seems to have been a mad rush in recent weeks but from my understanding most of them are having difficulty renting. To positively gear any properties purchased in recent months is almost impossible, and arguably capital gains will die for a few years to come(we may even get some retracement in some properties). I have also done quite well on stocks the past few months, but I have only been really focused on stock the past week(I made 2 months salary on Monday alone). My biggest regret is not realising that I could have gotten the finance to buy investment properties. If I had, the properties my wife and I were looking at would have made us literally millions. Alas we have to be happy with the $200000 we have arguably made. I think the stock market is almost on the boil and will run for a little while until the US banks start to suck the world economy into a void. I intend to transfer equity into the stock market and wait a while to see if panic selling sets into the realestate market. If it does, it's time to clean house for the next run(probably some time away). I could be completely wrong but until I find my 2010 almanac I just won't know.
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I think property around SE QLD is peaking at the moment. There...
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$64.41 |
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0.860(1.35%) |
Mkt cap ! $12.49B |
Open | High | Low | Value | Volume |
$64.22 | $64.80 | $63.93 | $8.431M | 130.9K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
5 | 63 | $64.41 |
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Price($) | Vol. | No. |
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$64.44 | 136 | 5 |
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No. | Vol. | Price($) |
---|---|---|
5 | 35 | 64.430 |
9 | 123 | 64.420 |
8 | 155 | 64.410 |
2 | 43 | 64.400 |
1 | 43 | 64.390 |
Price($) | Vol. | No. |
---|---|---|
64.450 | 222 | 12 |
64.460 | 92 | 4 |
64.470 | 71 | 4 |
64.480 | 96 | 2 |
64.490 | 81 | 3 |
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