Great fishing up here caught some beauties
SHREWDY, You are on the wrong thread to have a go at me about competitions. The reason you have gone off posting is your ideas about investing are all going bad. Rather than get upset learn from your mistakes. First mistake was sticking to one commodoty because when it goes bad you have nothing left. Second mistake was sticking half your funds into a company with such low volatility you cant get out of it in a hurry. Third mistake was riding the sp down from 21.5c to 10.5c without a stop loss.
I have never lost one cent on property ever. Most of the time i made over 10% pa using the banks money not mine. I tried to show you how to do it but you know best.
You have argued all this year about me staying out the market then gleefully say how you beat me with a minus 50% or whatever with a win when it was only you in the market.
The reality of property investing is what you should study.
The interest rate must be locked in at a manageable level even if it requires you to sometimes lock in a higher rate. That is the one thing that keeps you out the bankrupsy court. I have warned people all year about this crash and definately not dumb enough to be caught in it. Macdunk