Thursday, January 8, 2009
Lessons in Investment: why it all went wrong…
Catching a falling knife?
"...First is limited land. The supply of land here on Earth is fixed, thanks in part to water covering about 70 percent of our globe. And because people are prone to reproduce, demand for land and housing continues to grow..." Indeed, we heard it all before, from the experts and the likes, from Krusty and Phil back with a new series. Oh dear, people will never learn...... Another one "...Real estate has produced comparable long-term returns to the stock market...". Damned, need to buy quick, quick, I can feel that pent up demand knocking at my door.
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