Realist
Billie Jean is not my lover
- Joined
- 1 June 2006
- Posts
- 2,057
- Reactions
- 3
tech/a said:I'll leave that to the expert----Your only interested in your own voice not that of any other.
Regardless of what would be presented you would and do take a counter veiw.
There are some knowledgable people here who just dont bother to become involved.
Some have attempted most including myself dont even bother.
Whats the point??
tech/a said:I and others I am certain have no intention of posting relevant information.
macca said:I think we will see Sydney house prices drift until the median rental return is about the same as the RBA interest rate.
If we ignore the waterfronts etc and look at most suburban houses, when the gross rental return is about 5.5% to 6% I would be buying at the first sign of tightening in the market.
Regional areas will get up to 6% + like they were before this last charge in prices.
If I were being ultra cautious I would wait until the first drop in the RBA interest rate then buy.
I and others I am certain have no intention of posting relevant information.When contributors are sarcastic,opinionated,show no humility,whos only goal in the discussion is to promote their own "opinionated veiw" on others.
Do not argue the person, argue the point.
I'll ask you again, so you can redeem yourself...
tech/a said:Ill post a little later if that fits with your timeframe.
There's no denying I am opinionated,
kennas said:You guys going to start talking about technical and fundamental analysis again soon?
ghotib said:Is THAT what this thread is about? Gee... who'd a thunk it?
Bobby said:Yep ? its all about postswho can post the most !
And the winner is ? ------- who at this rate will average 4400 in his first year:
Realist said:So you are trying to tell me that no-one has ever sold a house for less than it is worth?
When interest rates go up, unemployment rises, oil soars - there'll be people mortgaged to the hilt that have to sell, they simply can't afford the mortgage. That's when you'll get a house for less than it is truly worth.
Hence houses will be undervalued compared to their true value.
Realist said:I bought 1000 CMI shares at $1.20 - collected some dividends then sold in June 30 at a small loss.
I cleaned up my portfolio before tax year end. Sold RIC as well.
I speculated with tiny amounts on CMI and RIC and CDO and broke even.
Graham did recommend selling and buying back if tax works in your favour. I sold CDO at $4.35 and made a profit - it is worth less now.
If CMI went under $1 I may buy back??
CMI may be a good buy soon, it's going to report earnings soon and they are as good as last year supposedly. About a $7M profit for a $44M company. Quite excellent really.
cuttlefish said:consistency isn't your thing is it. lol
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