Does continued buying of property make sense?, Delusional confidence or buying low?
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 Mar 17 2022, 09:28 PM
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#1
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4,950 posts Joined: Jul 2010  
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QUOTE(Cavatzu @ Mar 14 2022, 07:39 PM) This is if all variables remain the same, what if the country becomes a Lebanon or an Egypt. It’s not out of the realm of impossibility is my point where it’s headed. Assuming it is headed the way you foresee, what investments would you suggest the average Joe dabbles in? |
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Mar 18 2022, 09:21 AM
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#2
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Senior Member
4,950 posts Joined: Jul 2010
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QUOTE(Cavatzu @ Mar 18 2022, 04:31 AM) That’s financial advice. I think when we look at diversification it’s mainly to reduce concentration risk and it can mean across different asset classes and/or locations as well. You're not answering my question. I'm not asking why we need to diversify or what diversification means. You're against people buying multiple properties as an investment or hedge against inflation because the economy outlook is not good. Hence I asked what you think those folks should have invested in, if not in properties. |
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