Join Australia's most dynamic and respected property investment community

The World...

Discussion in 'Other Asset Classes' started by Nick23, 2nd Sep, 2015.

  1. Nick23

    Nick23 Member

    Joined:
    17th Aug, 2015
    Posts:
    6
    Location:
    2099
    Last edited: 2nd Sep, 2015
  2. radson

    radson Well-Known Member

    Joined:
    4th Jul, 2015
    Posts:
    828
    Location:
    Balmain
    These articles annoy me. What ever is happening in the market, some journo will profile the appropriate bear or bull to fit the narrative...like who the hell is David Dredge?

    He is quoted as saying "He's a believer that markets move in long cycles" I mean who doesn't believe that markets move in cycles,
     
    WattleIdo likes this.
  3. The Falcon

    The Falcon Well-Known Member

    Joined:
    18th Jun, 2015
    Posts:
    957
    Location:
    Sydney
    Yeah AFR is essentially a financial tabloid. (That's where this story originates) Great promo for hedgies who come out and loudly take any position knowing that someone will like it and result in inflows..... No warranty of course. I have trouble taking the industry seriously, heads they win, tails they win. Clipping the ticket on your cash whatever the conditions.
     
    austing and Bayview like this.
  4. Nick Valsamis

    Nick Valsamis Well-Known Member

    Joined:
    20th Jun, 2015
    Posts:
    504
    Location:
    Sydney
    Worth watching this if you are interested in world economies.
    https://www.youtube.com/user/TheMoneyGPS/
     
  5. radson

    radson Well-Known Member

    Joined:
    4th Jul, 2015
    Posts:
    828
    Location:
    Balmain
    @Nick Valsamis Seriously? That link shows the author has also written ebooks on Vaccines and Fluoride in water. No chance I am actually going to play the video.
     
    The Falcon and Nick23 like this.
  6. Nick23

    Nick23 Member

    Joined:
    17th Aug, 2015
    Posts:
    6
    Location:
    2099
    nice one Radson...too funny.

    It's interesting how these types of articles are basically the guy talking his book...
     
    freyja likes this.
  7. barnes

    barnes Well-Known Member

    Joined:
    1st Jul, 2015
    Posts:
    674
    Location:
    Adelaide
    I don't. It's a flip of a coin.
     
  8. radson

    radson Well-Known Member

    Joined:
    4th Jul, 2015
    Posts:
    828
    Location:
    Balmain
    only in the short term :)
     
  9. barnes

    barnes Well-Known Member

    Joined:
    1st Jul, 2015
    Posts:
    674
    Location:
    Adelaide
    You enter a position for a short term trade on a flip of a coin, but if you are correct and market goes your way, you can keep this position close to forever and ride the trend like in real estate. Buy and hold is the key.
     
  10. JDP1

    JDP1 Well-Known Member

    Joined:
    20th Jun, 2015
    Posts:
    2,840
    Location:
    Brisbane
    ...the Americans who bought expensive unaffordable mortgages that contributed to the GFC.
    They thought the real estate market will always go up, continually, even in the short term.
     
  11. Nick Valsamis

    Nick Valsamis Well-Known Member

    Joined:
    20th Jun, 2015
    Posts:
    504
    Location:
    Sydney
    Those are just some 10 page pdf ebooks. Anyway that is not part of this but the videos posted are relevant. If you didn't judge the videos without watching, you would know that it's explaining current economic news and statistics.

    Sure if your an expert already don't watch them but for most people it's worthwhile.
     
  12. The Falcon

    The Falcon Well-Known Member

    Joined:
    18th Jun, 2015
    Posts:
    957
    Location:
    Sydney
    And following watching that tripe, get a subscription to The Economist and make up your own mind. If you wish to learn that is.
     
    radson likes this.
  13. JDP1

    JDP1 Well-Known Member

    Joined:
    20th Jun, 2015
    Posts:
    2,840
    Location:
    Brisbane
    Yup. The longer an investment grade asset like re is held, the more chance of making gains.
     
  14. radson

    radson Well-Known Member

    Joined:
    4th Jul, 2015
    Posts:
    828
    Location:
    Balmain