The psychology of investing: house prices and fear mongering
Last weekend, The Australian newspaper published the blog I sent you last week where I predicted that the property market is close to the bottom and that prices next year would either be unchanged or improve slightly. Well, that article received over 60 comments and none of them were complimentary or supportive of my prediction. Upon reflection, I wanted to share some very important comments and observations.Be aware of the story you are telling yourselfI am almost certain that 95% of the people that commented on my article have never invested in property and probably never will. They…
The skinny
The skinny isn't ready yet — notes appear once the transcript is processed.