Quote:
Originally Posted by Sixgun
You're right Roshan,
A good attitude to have.
My mother always told me "What's your's wont get by you": same philosophy.
Many people will say how they missed the boat, but the best day for investing is always today.
I'm sure there are many horror stories in Dubai, of buying and selling early, all part of the learning process.
If Dubai achieves it's goals between now and 2015, I think we'll all be happy.
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I used to ask my mentor " when is the best time to invest in property" and he would always say" today ". Prices will always go up. As time passes by land becomes more and more dearer.
The year on year inflation adds to your appreciation. They say property prices double every 6 years.
If the property markets correct, no fear as the start of the second cycle will be higher then the first. As long as you have the ability to withstand the correction.
It's never to late to invest in property. I recommend the book "Rich Dad-Poor dad" and "Retire young - retire rich", both are classic books by Robert Kiyosaki. Read these books, they will change your life.
Regards
Roshan