(I first posted this on an HPC thread about credit tightening
, but it is relevant here too, I think):
Impartial, on Feb 20 2008, 11:43 PM, said:
I'd like t give much respect to DR. Bubb, he first bought credit tightening to our attention years ago and said it would be the catalyst, he was also I think THE first person to start talking about gold on this board back in 2003/2004, Bubb was the first guy to get me thinking about gold and his recommendations started a journey for me that has been VERY VERY profitable thus far - it has taken time but he has been way ahead on his calls.
Bubb has had some ridicule about his HPC and GOLD calls but he has/is being proved correct.
Thanks and well done Dr. Bubb
I have to laugh (all the way to the bank!)
Despite frequent criticisms here, and on some other websites like SP, my investing has succeeded beyond even my wildest dreams:
+ One of my two core portfolios is up 1000%
(that's 10 times!) since May 2004. While the other has done nearly as well, but its month-by-month performance is harder to measure since I "raid it" frequently to cover my living expenses, pay taxes and make other investments, like Hong Kong property,
+ My foray into HK property that started about one year ago has done well
. Borrowing 65-70% on investments, I now own 9 properties, with 5 fully closed, another closing this month, and three more in March and April. I recently calculated returns, and my equity has doubled, after an average investment time of perhaps six months. Prices are rising about 1% per week (repeat: that's 1% PER WEEK !) in HK, at the moment.
It's not that I am so fabulously clever. My success is based upon huge amounts of hard work. I am a fulltime investor, making my living through this activity. So I put the time in, listening carefully to many other experts, and sharing ideas with other private investors. (Some of this work is done online, on HPC, and my own site, GEI.) Partly because I am willing to share the fruits of my research labors, I get plenty of information and ideas in return. Tune into the podcasts on CW Radio, if you want a sample of this sharing.
My latest keen interest is urban planning, with a particular focus on New Urbanist concepts. Within 2-3 years, I hope to be in a position to invest (at bargain prices) in communities within the USA that are rebuilding themselves away from the old-fashion "tragedy of suburbia" model into communities with a real future, using the important principles of the New urbanist movement.
Why not join the adventure? I reckon it will be profitable to be involved, even if it is just investing alongside, in your own way.