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 V12 - Property prices discussion, For non "UUU" and "DDD" campers only...

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terryble
post Jul 19 2013, 10:56 AM

On my way
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Some how i felt that this thread is becoming more and more like an arena for pointless arguments and personal attacks~~

This post has been edited by terryble: Jul 19 2013, 10:56 AM
terryble
post Aug 14 2013, 06:29 PM

On my way
****
Junior Member
527 posts

Joined: Dec 2007


Long time did not come here~~
but seems like those pointless argument still continues~~
more ppl join the fight >.<

Slickz~~UUU means Up Up Up...
DDD means Down Down Down...

these fellars here kind of position themselves in one of these "camps"
terryble
post Aug 14 2013, 06:33 PM

On my way
****
Junior Member
527 posts

Joined: Dec 2007


QUOTE(cockee @ Aug 14 2013, 12:02 PM)
It is important to look at things in its context.

Property in Malaysia boomed in the past few years. No doubt.
Anyone who purchased anything back in 2008-early 2010 made quick and abnormal profits. We acknowledge.
But economy is dynamic. Strategies that worked 2 years ago might, or not, work now or next year.
When someone are pointing out signs of bubble and its probability of bursting, they are merely interpreting the available data. If you dont understand the info, data and graph, just go learn instead of argue. Even if you understand, doesnt mean u have to agree.
More importantly, not all those pointed to signs of bubble are those who can't afford a home or missed the boat.

From personal experience, I made good money in the past few years from property. But I know economy dynamics will change, thus I balanced my investment portfolio by selling some properties early this year. Yea, that put me in DDD camp.

The way I see it, there is a time for wealth protection, and there is a time for wealth accumulation. My view is 2009-2012 was a period for wealth accumulation from property. From 2013-2018, the game is about wealth protection.
It's like u've won RM30k at the roullete table in the first 15 games. So you're thinking.. "Shud I go on, since I'm on a roll here?"
Some will say "Yes" if they want to accumulate more wealth. Some will say "No" to protect their wealth.

For now, I think there is more compelling reasons to be cautious than to continue. Maybe i can make this choice because my path to more wealth is not limited to properties.

Just my 5cents.
*
Hmm wealth accumulation and wealth protection~~~good points thumbup.gif

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