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23 September 2003

Television’s Mixed Messages

A property bust then how to be a property millionaire.

And what was Channel Seven doing straight after last night’s segment quoting all those expert opinions that the property bubble is about to burst?

They then move straight onto Steve McKnight and how to become a millionaire investing in property.

Is this the tech boom revisited? I think so.

I remember travelling around the US during 1999 and meeting plenty of investors who had either packed in their job or were about to. They had discovered the secret of using OPM (Other People’s Money) to buy buying shares and ensure they never need to work again.

Instead, they’ve blown what savings they did have and plans of early retirement have been put to the side until the next booms comes along.

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