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Old 27th Nov 2008, 07:18
  #14 (permalink)  
Marooned
 
Join Date: Jun 2006
Location: Dunesville
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Not badmouthing just posting some concerns about what I believe are exaggerated returns in a very unpredictable market based on our hard earned cash.

Have they actually got $50 million in cash waiting to invest? This is the right time to look very, very carefully at the finances and not the assurances and slick marketing packages presented after you had a few of the 'free' drinks.

If and when we can be certain that all the money is there where will you get a 60% return in 3 years? Even discounted property will have to have realistic values and it will be no where near this figure. The market has slumped and almost stopped... so you buy at a discount and then what?

Any investments have to be viewed in the longer term, greater than 3 years. It takes nearly 2 years to get into recession and 6-8 years to get out.
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