Jump to content
House Price Crash Forum
Sign in to follow this  
200p

Compass Magazine May 09

Recommended Posts

I was curious if anyone has a copy of the May issue of Compass magazine. I was browsing through a copy in a waiting room. Normally they are bullish to property, and typically have advertisements for homes in the £500,000+ bracket

Notably, there were two articles in the May issue by Andy Scott, each spanning a full page each. It was a little out of place in between the page advertisements for conservatories and luxury yachts.

I am trying to recall this from memory, so if the author is reading this, please forgive me. Compass magazine is not available to read online.

The first article is a scathing view on Property. He states that you should not to believe government figures about a recovery. He believes house prices falls have another 2 years to continue, and that there is another 20% falls from these levels, that is yet to come. He advises that it is indeed a buyers market, but one must buy carefully and the correct timing could have life changing/bearing consequences.

In his second article, he writes about the stock market. He advises one should sell in May and go away, even if you have positions not in profit. He states the parameters that have shaped the economy for the last decade have completely changed, one must adapt to the new world, whatever that turns out to be. However he would be interested in looking to buy stocks in October, with care and attention.

Edited by Lord Sandwich

Share this post


Link to post
Share on other sites

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now
Sign in to follow this  

  • Recently Browsing   0 members

    No registered users viewing this page.

  • The Prime Minister stated that there were three Brexit options available to the UK:   295 members have voted

    1. 1. Which of the Prime Minister's options would you choose?


      • Leave with the negotiated deal
      • Remain
      • Leave with no deal

    Please sign in or register to vote in this poll. View topic


×

Important Information

We have placed cookies on your device to help make this website better. You can adjust your cookie settings, otherwise we'll assume you're okay to continue.