Pricking the 'property is best' balloon - Mary Holm
Q. I applaud the growth of companies and technology, and think their growing popularity via the sharemarket wonderful.
Saturday, March 6th 2004, 1:12AM
by The Landlord
However, companies, ideas, people, almost everything we care to think of gets outdated or ceases to exist at some point.Property is a rare commodity that doesn't.
I'm not knocking sharemarket enthusiasm, as I, too, think it's super exciting, and am looking to get more involved.
BUT, I will always stick with an 80/15/5 per cent investment ratio, whereby 80 per cent is property, 15 per cent could be business and 5 per cent shares.
If I'm not mistaken, most of the richest people in the world use this sort of ratio. Why not follow their example?
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