View Single Post
Old 05-31-2010, 07:41 PM   #26
Tw1anJOO

Join Date
Oct 2005
Posts
404
Senior Member
Default
The higher the yield, the bigger the risk!

Property is no different from any other kind of investment. If you really think that real estate will always increase and never fall in value, you should revisit the market crash in 1992.

Balwyn, Kew, Camberwell, Malvern, Toorak and Brighton are all blue ribbon suburbs. Yet they all succumbed to the collapse in 1992.

I am not saying property will collapse soon. Just be aware that there is a risk factor to all kinds of investments.
Oh yes I agree... Nothing venture, nothing gain.. I have my balls hanging outwards & I have nothing to lose Melbourne was down for 2yrs starting 2004 and Sydney down for 4yrs about the same time. I think the worst is over and it is expected to be healthy for the coming years.

In worst scenario, I will return to SG to be slave & be PAP supporter !
Tw1anJOO is offline


 

All times are GMT +1. The time now is 12:24 PM.
Copyright ©2000 - 2012, Jelsoft Enterprises Ltd.
Design & Developed by Amodity.com
Copyright© Amodity