Property and Trust

I was deeply humbled on Friday by an unexpected phone call. A journalist rung who was researching a piece about where investors got their property information from and which sources they trusted or otherwise.

She said: “You were mentioned as a trusted source so many times by people all over the country I just had to ring and talk to you”.

It reminded me of the enormous privilege it is for me to be able to communicate through my newsletters, blogs and Facebook to so many of you.  And I guess even more importantly that what I say obviously works and helps.

So let the 2010 blogs commence

Welcome to 2010, the year of the investor.  I notice in the last week that my prediction of business failures and significantly increased mortgagee sales is coming to pass. Eastern Hifi was the first of the listed company failures and as I drive round the North island the landscape is littered with vacant and closing down retail outlets.  The for lease signs in industrial areas look like street decorations there are so many and mortgagee sales in the weekends paper were up yet again.

So hang on this is the year the residential investors will set themselves up for life and many commercial and business investors will really see the brown stuff hit the whirly thing.   Fortunately life is about much more than just money!!

So as always Stay Inspired and Stay Safe ~ Dean Letfus

The Ethical Investor

PS Stay tuned for some major events and other opportunities this year. 2010 is the BIG ONE!!