Voice of calm Posted May 22, 2008 Share Posted May 22, 2008 Hmmmm... 934 words of VI cut & paste for your 4th post. Where's that avatar, the one with the orange hair? I don't see how anyone here isn't a vested interest. If you own property you are. If you are an STRer you are too (or perhaps you're a devested interest? same thing anyway). And if you've never owned property you most likely are too since it's hard to avoid living in it. We're pretty much all coming from somewhere if we're posting on this site since we're all affected by the property market one way or another. As for cut and paste... I don't think it's my posts that are sounding formulaic. And nothing I've said should worry an STRer that's thought things through properly, made sure it's right for them, gets their timing right enough and acts with discipline. Me? You're right if you're thinking there's no chance I'd bet my home for a limited return that might even turn into a loss DESPITE a big drop in the market. Personally I bought my home to live in not to play at being George Soros with. There's lots of CGT- and stamp-duty-free ways to hedge against a drop in the property market. They give me more control and allow me to adjust my position as events unfold. And to limit my losses if I'm wrong. But, for trading or investment purposes, I'll choose to make my money elsewhere. Quote Link to comment Share on other sites More sharing options...
geoffk Posted May 22, 2008 Share Posted May 22, 2008 Why did you join? Quote Link to comment Share on other sites More sharing options...
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