So you think that people are qualified as the "richest person in the world" because they have the most 20 pound notes under their matresses? Or because the joint value of what they own is more than anyone else?
It's called assets. If you have an asset and the value of that asset drops, you have lost money. You just claimed that you were delighted that the value of your asset in Brazil had dropped. Hence, you go against the flow of 99% of the rest of the world who would prefer to make money rather than lose it. It seems to happen a lot with you though, like the bridge over the river Potengi.
Everyone else in Natal says it was worth building, you say it wasn't.
I applaud you for your uniqueness. Oh and you would do well to stop quoting Spain as an example of a bad investment considering the fact that millions made millions there. Investing in a property market is also about timing, the same way investing in stocks is about timing. You don't buy right at the top or when prices are going down, you buy when you believe they will go up.
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Yes, I work in Real Estate!
Have a nice day
Last edited by JMBroad; 04-06-2008 at 11:03 AM.
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