Does Having a House Help You Borrow from the Bank?

[bunsen burner]

Any financial adviser who doesn't have ulterior motives will recommend diversifying your investments.

Where do you get this shit from?

A financial advisor will get nothing if his client or potential client invests in direct property. They will claim that direct property is a mistake because you aren't diversified. Uninformed at best and more likely plain dishonest.

I have friends who are advisors, and heard MANY horror stories regarding property investing...

They're hardly going to tell you the good stories are they?

It's simple, diversify and don't be greedy.

Not true. How bout:

If you invest in shares, diversify.
If you invest in property, don't worry about it.

 

[Magnum]

Shit this is a brutal thread.

Saw Maquarie at $75 then went "WTF?" and then saw the November 2007 post date.

Ouch!