Stradlinz wrote:Agree with woonty.. I hope nobody take offence or have hard feelings when we have different views.. To stress again, we definitely do not purposely oppose one's view for nothing. There has to be a strong conviction to our belief and views when we do so.. Combined with hard data and research..
Actually this opposing views in the forum also good for us. It will train us to absorb different views, do our own research and come to our own conclusion.. Even until today, whenever someone say or write something, I will do my own research and come to my own conclusion. This is true even when reading Dennis' posting (hope sifu Dennis won't get offended haha)..
A discussion forum is supposed to draw out different views and opinions. Just that anyone expressing a view or opinion should substantiate with supporting facts and information and cannot be I think price will go up 50%, why? I just have a feeling...this won't don.
I already mentioned in a few postings that do NOT blindly listen to anyone, be it Peter Schiff, George Soros, Jim Rogers, Warren Buffett, Dr Tony Tan or Dennis Ng. We need to learn to think independently and arrive at our own conclusion.
My sifus and I have just sold all 3 units of Normanton Park, which we bought in year 2008 for possibility of en-bloc...we think the likelihood for en-bloc for Normanton park in the current property market cycle is very slim and thus have decided to sell and realised over 100% gains, as prices have moved up by 30% to 40% above our purchase price.