Big Picture View

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I always find that travelling is a great way to get a better perspective on things.  Our own country always has a particular song it is singing driven by local media or government pressure.  But when you get to visit several countries in a short time frame and read and hear their news and get to talk to business people in multiple countries it is much easier to pick up on big picture trends in my experience.

So my time last week in Thailand and talking to people from 11 different nations at the event made it clear that most people think the worst is yet to come economically and there were many comments surprised at the lack of information being made available in the public arena.

I was genuinely surprised at the consistency of sentiment in Australia and Asia, even though I have the same thoughts regarding Godzone.

So I think our current path as property investors is very sound. Buy cash flow positive in main centres and wait for the bad news to get badder knowing that ultimately yields will increase and if we do see high or hyper inflation we will be able to cash in like nobodys business.

Interestingly enough the one industry that seems to be assisted by the current problems is the internet.  It grows at an incredible rate and the revenue generation opportunities it offers truly make my eyes water.

Just goes to show that whenever the scales move one side is always rising!

Stay Inspired and Stay Safe ~ Dean Letfus

The Ethical Investor