08-07-2012, 01:04 AM
(07-07-2012, 10:12 PM)Musicwhiz Wrote:(07-07-2012, 08:58 PM)CityFarmer Wrote: Moreover they may not even have the necessary skill for equity investment like you
Wah, you really give me far too much credit leh. Those people I know who dared to "take the plunge" back in 2010 by leveraging and buying property are all now laughing their way to the bank. Me? Just collecting dividends, haha!
i concur - due to leverage, the avg property investor in 2010 should have done much better than an average equity investor.
The guy who has been making big $ off his property investments, does not care that he 'doesn't have the necessary skill for equity investment'. He is happy making multiple year returns with his property investment skills - Every single stroke of cooling measure by the gov is treated with glee, as it is just further indication that the property market is red hot, and he must continue catch the rising tide.
I am not a certified financial advisor and so nothing of what I say should be construed as financial advice. Please consult a certified financial advisor for advice instead.