OLDFTB Posted September 26, 2005 Share Posted September 26, 2005 Link to a New Zealand web report: http://www.scoop.co.nz/stories/BU0509/S00399.htm Can anyone clarify the initials CBD please? (I'm too nice but dim to think of anything!) Quote Link to comment Share on other sites More sharing options...
gasket37 Posted September 26, 2005 Share Posted September 26, 2005 central business district? Quote Link to comment Share on other sites More sharing options...
Walton Goggins Posted September 26, 2005 Share Posted September 26, 2005 More on this in Herald. http://www.nzherald.co.nz/section/story.cf...jectID=10347464 Quote Link to comment Share on other sites More sharing options...
Dicky Posted September 26, 2005 Share Posted September 26, 2005 (edited) Catching A Falling Knife, Could this be the future of UK BTL? Options BTL means you buy an property and rent it out and hopefully after all costs are taken out it leaves you with some profit, catching a falling knive will just slice ypur hand open. Don't quite follow how slicing your hand is the future of BTL, unless you meant making a BLT beacon lettice and tomato, I quite often hurt myself in the kitchen, usually leave that to the other half. Edited September 26, 2005 by Dicky Quote Link to comment Share on other sites More sharing options...
Catch22 Posted September 26, 2005 Share Posted September 26, 2005 catching a falling knive trying to second guess the market bottom, fear driven falling markets can resemble the mirror image of a bull market raising purely on greed. Hence people get caught out calling market tops, so can people get caught out calling market bottoms........the madness of crowds is always hard to fathom. Quote Link to comment Share on other sites More sharing options...
OLDFTB Posted September 26, 2005 Author Share Posted September 26, 2005 BTL means you buy an property and rent it out and hopefully after all costs are taken out it leaves you with some profit, catching a falling knive will just slice ypur hand open. Don't quite follow how slicing your hand is the future of BTL, unless you meant making a BLT beacon lettice and tomato, I quite often hurt myself in the kitchen, usually leave that to the other half. You obviously haven't read the link have you Dicky? Let me quote mate: "Great caution must be exercised if you are considering buying into this falling market. If you buy too soon you may suffer from "catching a falling knife" as values continue to fall after your purchase. It is obviously dangerous to catch a knife before it hits the ground and buying into Aucklands CBD apartment market right now is equivalent to catching a falling knife" Does that clarify the point i was making? Quote Link to comment Share on other sites More sharing options...
Dicky Posted September 26, 2005 Share Posted September 26, 2005 You obviously haven't read the link have you Dicky? Let me quote mate:"Great caution must be exercised if you are considering buying into this falling market. If you buy too soon you may suffer from "catching a falling knife" as values continue to fall after your purchase. It is obviously dangerous to catch a knife before it hits the ground and buying into Aucklands CBD apartment market right now is equivalent to catching a falling knife" Does that clarify the point i was making? I see now, the article was drawing the parallel between buying property that hadn't fallen fully to catching a falling knife, I see now thanks for setting me straight there. One further question, when you make a BLT do you put the beacon in the middle or the top, the reason I ask is because I find if you do the latter is does impair the flavour some what. Quote Link to comment Share on other sites More sharing options...
gone west Posted September 26, 2005 Share Posted September 26, 2005 I see now, the article was drawing the parallel between buying property that hadn't fallen fully to catching a falling knife, I see now thanks for setting me straight there.One further question, when you make a BLT do you put the beacon in the middle or the top, the reason I ask is because I find if you do the latter is does impair the flavour some what. Perhaps it is you who is flavour impaired. If the bacon went inthe middle it would be called an LBT or a TBL but it isn't. So there. Quote Link to comment Share on other sites More sharing options...
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