What if he had thrown it all into real estate?
You are using an out of date browser. It may not display this or other websites correctly.
You should upgrade or use an alternative browser.
You should upgrade or use an alternative browser.
Packaging yourself for a life after trading fulltime
- Thread starter downtickboy
- Start date
Quote from roberk:
Japanese real estate market might be worth looking at soon. It has had a steady decline every year for 16 years and looks to be putting in a bottom.
Quote from romik:
Best property deals are in the Eastern block at the moment, I bought 4 flats in Ukraine (Luhansk district) for an average price of $9k ~2 years ago, the average has now gone up to $30k. Slightly off subject, but I would not buy another property in the UK until there is a correction/recession, crazy prices right now.
Romania, Bulgaria, Ukraine all 3 still offer much better opportunities to 'buy & hold' than overpriced real estate in the West.
http://www.mybulgaria.info/property-prices-bulgaria.html
Quote from romik:
Romania, Bulgaria, Ukraine all 3 still offer much better opportunities to 'buy & hold' than overpriced real estate in the West.
http://www.mybulgaria.info/property-prices-bulgaria.html
uk is still a buy. prices wont ease any time soon.
too much demand and too little supply, especially of 1/2 bedroom flats in the middle of posh areas.
Quote from Bitstream:
uk is still a buy. prices wont ease any time soon.
too much demand and too little supply, especially of 1/2 bedroom flats in the middle of posh areas.
My friend, UK is crap for yield nowadays, only smart redevelopment provides opportunities which are worth the effort, demand is for 1/2 bed flats in places like Docklands in E14 is driven by the rental market which is now stale due to masses of flats already in the market, buying off plan is pants now, if IR rise this & next year - what growth would be talking about then?
Of course Eastern Europe is a riskier market, but consider this - for a price of a second hand car you can buy a flat there.
why don't you go get a university degree in something related to what you want to do?
that is a good resume builder if you don't have the current experience.
an MBA will carry you into anything corporate-related, including real estate (you can specialize in real estate within an MBA)
30 is about the right age too to get the degree
that is a good resume builder if you don't have the current experience.
an MBA will carry you into anything corporate-related, including real estate (you can specialize in real estate within an MBA)
30 is about the right age too to get the degree
Quote from romik:
My friend, UK is crap for yield nowadays, only smart redevelopment provides opportunities which are worth the effort, demand is for 1/2 bed flats in places like Docklands in E14 is driven by the rental market which is now stale due to masses of flats already in the market, buying off plan is pants now, if IR rise this & next year - what growth would be talking about then?
Of course Eastern Europe is a riskier market, but consider this - for a price of a second hand car you can buy a flat there.
i'd be a buyer in central london, especially sw. been strongly advised by friends, insiders that work in the estate mkt, lawyers etc. to get in now; and i am extremely well connected being in this biz for almost half a century. i regret not to have bot a few yrs back but trust me, prices will continue to rise. there aint no talk of bubbles nowhere. come back in a few yrs time and then we talk again.
Quote from Bitstream:
i'd be a buyer in central london, especially sw. been strongly advised by friends, insiders that work in the estate mkt, lawyers etc. to get in now; and i am extremely well connected being in this biz for almost half a century. i regret not to have bot a few yrs back but trust me, prices will continue to rise. there aint no talk of bubbles nowhere. come back in a few yrs time and then we talk again.
You should never listen to others B, it's fair enough if you've been in the industry yourself for such a long time. I know same folk as you, they were very wrong at the time of the 'dot-com bubble', property is no different, they don't understand much when it comes to overpriced areas of any market, they just keep on buying until the end, the vast majority of them.
Quote from romik:
You should never listen to others B, it's fair enough if you've been in the industry yourself for such a long time. I know same folk as you, they were very wrong at the time of the 'dot-com bubble', property is no different, they don't understand much when it comes to overpriced areas of any market, they just keep on buying until the end, the vast majority of them.
that's bs. those are advisors that i have been consulting for decades, close friends of mine, all insiders. i wouldnt own half the piazza in the city i live if i and them didnt know what we were talking about. chelsea has always been overpriced since the early 80s, prices never eased, never will much. that's a safe investment.