Rambi

No reason. Just made it up once and I'm sticking to it.

As for your immediate problem you could use hedging. Buy your new property but hedge against a market fall by shorting the market. i.e. sell your neighbour's property and buy it back if the price falls.

hevs

I used to like you

Rambi

Sorry. I have no idea.

bcworld

You remind me of this other guy who used to make outlandish predictions.

"it'll be $2.40 by September" he used to say.

Rambi

That was way off the mark. It didn't hit 2.4 until the first week of October.

1.72 by October was a cracker.

isgraham

Does inflation feel low to you? It certainly didn't feel low to me 6 months ago in Sydney in fact it felt bloody high, except of course for salary inflation that was low and that was with a strong dollar. I think you were refering to reported inflation which seems to be biased towards electronics which do tend to go down in price and make inflation look reasonable.

Fluid36

That's right, inflation figures are always bauked by the Government who use products such as electronic goods, do your own inflation calculation on what you need and buy on a weekly basis, doesn't seem low to me.

fish.01

Regardless of your inflation theories about absolute current inflation numbers we are talking about relativity between the numbers and how that has affected interest rates.

fish.01

Do you have any links which explain the bias towards electronics?

Fluid36

I didn't say bias, I said the government uses electronics goods etc to offset the real inflation rises in such things as food alcohol, health care and housing. This brings the overall inflation figure down.

You don't have to buy electronics goods if you don't want/need to.

http://www.abs.gov.au/ausstats/[email protected]/mf/6401.0

asprilla

Come on mate, you don't really believe that do you?

bcworld

He wasn't quoting you.

Fluid36

This is is true , still got the info in there.

Fluid36

Believe what?

asprilla

err....

I thought that highlighting it in bold would be enough. But I can spell it out for you again.

I'm talking about the part where you say that the government uses electronics to offset real inflation rises. Are you crazy ?