Monday, March 2, 2015
This was posted on Feb 7 2014 by Yahoo.com.au
Basically it says that Australian house prices might frop by as much as 30% and many people will owe more than the house is worth. That would lead to a crash worse than 2008.
And if china falls over, then it will be a major depression.
So keep these warnings in mind when borrowing to invest in the share market or in property..
Other gurus say that anyone investing the sharemarket today can look at a 20% loss!
Remember we are not financial advisors.. Sampson management Services (SMS) educate and inform only...We are Assett Management Consultants- we teach you about risk and how to measure that risk according to the international standards on Quality, Environment, OHS, and Risk management in an integrated approach. Ref standards: AS/NZS/ISO 9001, AS/NZS/ISO 14001, AS/NZS/ISO 4804, AS/NZS/ISO 4360.