The Market Predictions

The market predictions are not always that easy to understand, and though it seems that prices only go one way - UP at the moment for property and DOWN for shares, this is how the pendulum goes.

I am a person who does not go for "broke" when I do things, and I take a conservative approach, for example, spread my investments around so that when one thing is UP the other might be DOWN and vice versa. Every market is always easier to see after the event.  Funnily, I hear things like "I should have, I could have..." but so sorry that is too late now, which makes me smile. When the market gets ridiculous in price it does chase investors elsewhere. 

No matter what, the best approach is to own as much of the outlay/investment as you can, hence always have a savings plan as a means of reducing debt. With property there is always hidden expenses cropping up, like leak in the roof, the toilet cistern dripping water, a storm requiring an insurance claim, and it goes on, eating into the profits.

The next article will be about hidden costs when selling/buying property.