QUOTE(SKY 1809 @ Oct 6 2023, 09:40 AM)
I remember Warren Buffet sapu tonnes of under water properties in US after Year 2008 Sub Prime..whereas others talk about under water properties year in and year out..
Japan properties have been in deep water for 30 years, and prices shoot up to the sky last year/this year.
Paper Moneys ( worldwide ) have been under water ( worth less ? ) due to large scale over printing by many Governments worldwide.
By holding to some kind of physical assets ...might reduce the risks.
Buying sometimes is Chicken n egg issue ..( when to buy/ banking policies ) , under water or over water ( depends on the purposes u are buying i.e for own stay, to invest or speculate )
Do not forget about Inflation also.
The difference is most if not all BBB/uuu bought at or near peak price.Japan properties have been in deep water for 30 years, and prices shoot up to the sky last year/this year.
Paper Moneys ( worldwide ) have been under water ( worth less ? ) due to large scale over printing by many Governments worldwide.
By holding to some kind of physical assets ...might reduce the risks.
Buying sometimes is Chicken n egg issue ..( when to buy/ banking policies ) , under water or over water ( depends on the purposes u are buying i.e for own stay, to invest or speculate )
Do not forget about Inflation also.
Contemporary history shows, in the long term, poorperly price rise at about inflation rate. Those bought at uuu/BBB price are likely underwater for extended period of time e.g Japan.
Oct 6 2023, 10:41 AM

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