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Updated almost 9 years ago on . Most recent reply

User Stats

20
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5
Votes
Timothy H.
  • Auckland, Auckland
5
Votes |
20
Posts

When prices are BOOMING

Timothy H.
  • Auckland, Auckland
Posted
Buy and hold. Prices are out of control high. People are fighting for deals with a 3% return. That's right 3%. If you're lucky, you could get 5%, but you have to be very quick and informed. So what do new investors do here. Wait for a a crash? Or keep hunting for an unlikely bargain? Flipping may work in this market but that's speculating not investing right? I believe there's some big tax on that too but could be wrong. Thanks in advance for any tips.

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