Jump to content
House Price Crash Forum

A Golden Opportunity

Recommended Posts

Hello everyone

I've been reading this site off and on for years but have decided to join now as I find myself back in Mumbles, close to where I was born, searching for a little house to rent until I am ready to buy again. I've found many of the posts regarding the property market in Wales absolutely fascinating and I am extremely grateful to those who take the time to research and share.

In the last thirteen years I have bought and sold seven houses, having done up most of them and sold at a profit. I sold my last house in Cardiff at a loss but it was worth every penny to get away from a streetfull of gossipy neighbours.

I started investing some of my future house money in the AIM market in February 2009, at the bottom of what was to become a two-year boom for mining shares, so I now alternate between renting and investing, or buying and doing up. I sold my house in April 2012 and six months later I started investing again. The Fed had announced QE3 so I decided that it would be a good time to get back into gold and silver miners, my favourite category. In April of this year I bought a book on Technical Analysis called 'How to Profit from Bull and Bear Markets'. Every morning now I wake up and wish I had read the book before reinvesting, but then I suppose that is how you learn, isn't it, by making mistakes! One of my favourite expressions is 'Never confuse brains with a bull market'.

I often feel that finances are like the tide - they come flowing in and they go flowing out, so here I am sitting by the sea shore, appropriately enough, waiting for the tide to turn again.

I look forward to discussing everything from how to live with an avocado bathroom to the gold forward offered rate.

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

  • Recently Browsing   0 members

    No registered users viewing this page.

  • The Prime Minister stated that there were three Brexit options available to the UK:   206 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.