@thelastbaghold@bowtiedstocks Market have a habit of surprising even the most informed investors. The investors in the recent property bubble market were far from informed. It was a classic example of FOMO.
@bowtiedstocks@RonShamgar How is this a deal? 1.2 million invested, 100k return. Adding in the holding costs, it would be less than 7% cash flow without including taxes, when the risk-free rate is between 6-7%.
@bowtiedstocks The double-edged sword is familiar to few investors who have felt the edge now directed at you. The swing gathering momentum appears ready to carry away gains, equity, and the investor alike.
@thomasjameoneil@bowtiedstocks@MattDoug87 The Olympics that is 10 years away probably had nothing to do with property prices in SEQ. I heard this argument before the London Olympics. It did positively affect property prices but not by a big margin. Underlying economic strength matters more.
@bowtiedstocks@Crashman_X 💯. Capitulation will be when everyone throws in the towel and @ausstockchick stops tweeting opportunities. By the way, despair will be when BowTied is bored of this and stops mentioning propadee in his tweets. long way to go.
@rubix_cube99@rabbit_wealth 20% of the $675k ($135k) into BHP around Nov 2015:
~6,750 shares at ~$20
Today at ~$61 → capital alone ≈ $412k
With dividends reinvested, roughly $660–850k+
Still well ahead of a 20% slice of the property’s current value.
@bowtiedstocks For 2 years, my wife nagged me about buying an investment property. I almost threw in the towel and asked her to go through the numbers with me. The meeting never happened, so neither did the investment property. Now every morning I wake up celebrating.
@am_cap_au@ausstockchick It still applies but in a protracted time period. Property market don’t bounce up and down overnight. Here the pain is not even started.
@bowtiedstocks Agreed. I was desperately looking for someone who shared my negative views on property 2 years ago and followed you because of your views on property. I found two accounts that both sounded crazy to most: @bowtiedstocks and @PinguCapital. The time has come.