(15-10-2012, 10:35 AM)money Wrote: [ -> ] (14-10-2012, 08:11 AM)Muck Wrote: [ -> ]I don't own an investment ppty either. My f-u cash (as hyom has described it) was put to good use last year to let my employer know I'm not to be exploited 
That feeling of having a choice is indescribable.
same here, i dont own any investment property now. i just think that there are some property stocks that offer more upside than downside today; the odds of making a 20-30% returns is higher in property stocks than residential properties in the next 1-2 years
isnt value investing all about odds and margin of safety?
Yes you are right! Buying and disposing of physical property takes about 8 weeks of completion, this excludes the time spent sourcing for the right property which may take many months, and also time spent waiting for the right buyer to come along to offer the right price which may take another few months. That is to say, disposing a property takes a much longer time to complete, whereas for property shares, buying and selling takes only abt 3 days to complete - short and sweet.
I prefer equity investment over property investment, but i will not rule out a change in future if opportunity arises e.g. grand sales of property
Property investment is another mean of investment. Equity should not be viewed as superior over property investment IMO
If the concept of value investing applies to property investment, it can be as successful as equity investment.
It remind me of Li Ka-shing who build-up his empire with property investment. He bought lands instead of residential properties though, but a perfect example of "be greedy only when others are fearful"
My view is that the concept of margin of safety is different for property as compared to businesses (i.e. equities).
One being an expert is one does not guarantee that the same principles can be applied to another.
(15-10-2012, 03:35 PM)Musicwhiz Wrote: [ -> ]My view is that the concept of margin of safety is different for property as compared to businesses (i.e. equities).
One being an expert is one does not guarantee that the same principles can be applied to another.
Well, margin of safety does not only applicable to equity investment, i assume it is also applicable to property investment, and other investments as well
Not sure the diff between margin of safety in equity vs property investment.
(15-10-2012, 03:29 PM)CityFarmer Wrote: [ -> ]e.g. grand sales of property
You are refering to 'lelong lelong' - auction sales?
(15-10-2012, 03:53 PM)etan Wrote: [ -> ] (15-10-2012, 03:29 PM)CityFarmer Wrote: [ -> ]e.g. grand sales of property
You are refering to 'lelong lelong' - auction sales?
I am referring to property sale below its value. It includes auction sales, distress owner fire sales and/or from developers sales
For equities, we can buy and sell in batches.
For properties, a much bigger capital is required. We can't break them into parts when buying or selling.
(15-10-2012, 04:08 PM)CityFarmer Wrote: [ -> ] (15-10-2012, 03:53 PM)etan Wrote: [ -> ] (15-10-2012, 03:29 PM)CityFarmer Wrote: [ -> ]e.g. grand sales of property
You are refering to 'lelong lelong' - auction sales?
I am referring to property sale below its value. It includes auction sales, distress owner fire sales and/or from developers sales
Be patient, if opportunity comes, then buy, if not, continue to stay focus on stock investing. Good luck!