Punters normally make money from props during good times.

Real investors make money from prop market irrespective good or bad times.

For genuine home-owners........in most instance the earlier you buy, the better it is. Your goal is not to make money out of this exercise.....but to minimize your expenses, so getting in early is the key unless you have an ability to see the future. If you are trying to time for a drop but with no 100% certainty............then you r just a punter.

Maybe ppl who experienced more hardship r forced to master the ability to multitask and get the job done ..... I’ll share a real story of a someone I know ……….

Like prop101's example, he started taking odd jobs since was in secondary school. Dont have the luxury of having parents paying good tuition, or go to good schools. Still managed to enter a local uni after SPM. Didnt use a single cent of his parents $$$ throughout 4-5 years in Uni, worked his butt off through-out uni to ensure he has enough money to eat, study and pay for his bike. He didnt get 1st class honors, but did enough to get a decent result and graduated.........perhaps could have gotten better result if he didnt have to work but honestly today I personally think that having the right attitude is far more important than getting a 1st class degree.....

Today still in his twenties, he works in an industry n role that is completely unrelated to his degree, earn a decent salary and doing a job that he loves. Like myself , he has always liked prop investing, self-studied the game n made his 1st million from prop investing (networth). Think today he also oversee 3 startup companies that he co-own n co-run.

Looking at him, he never focused on solely one thing at any time yet he isn’t doing that bad at all today. In fact his multitasking ability has become a valuable asset. People often ask him how did he achieved so much with little resources and time. He’ll always smile and then utter the following ………. “stop making excuses, and just start……………”

Chief, the example makes sense when there arent any life-boats or cheap housing anymore. As previously mentioned, there r cheap housing available if one is not choosy. No one forces anyone to pay half a mil for a new DSL when a 10 years old DSL within the same vicinity is at least 40% cheaper. Our prop price arent anywhere near HK, SG, China etc...........yet still ppl complaint?

Sometimes I felt ppl complaint as they felt that they r entitled for cheap housing. They somehow think gov, dev, and all prop buyers must ensure that the market adhere's to their own requirements. So instead of adjusting to the world, they want the whole world to adjust to their needs and wants................. and these r the same bunch who could have afford to buy properties for own stay 2 years ago but simply hold back as they are BETTING against the market................. only to see market has gone complete opposite against their bet..............

He is advocating ppl who has few properties to sell off when he himself (who has a few props) going into auctions n props viewing recently....... at least Azizi is walking the talk by selling off his holdings.......

Like this punya standard oso qualify as a guru ka?

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Added on February 14, 2011, 6:01 pmThese r the NATOs.............


*NATO : No Action, Talk Only

This post has been edited by Pai: Feb 14 2011, 06:01 PM