Comments on: Australia heading for a bust? http://www.retireyoungandwealthy.com/australia-heading-for-a-bust/ Tips, advice and experience for making money from anywhere in the world Mon, 06 Sep 2010 17:21:27 +0000 hourly 1 http://wordpress.org/?v=3.0.1 By: dk http://www.retireyoungandwealthy.com/australia-heading-for-a-bust/comment-page-1/#comment-9930 dk Mon, 16 Apr 2007 13:12:58 +0000 http://www.retireyoungandwealthy.com/australia-heading-for-a-bust/#comment-9930 Two bucks a night? That is incredible. I saw some hotels in Vietnam advertising for US$4 and I thought that was insane. As to the market situation, I am bit out of touch myslelf now but I tend to agree that there is almost no reasonably valued shares left to buy for my portfolio. I think all that hype around superannuation contributions is making the superfunds buldging with cash and where they gonna put it? Aussie sharemarket is the most familiar place for them so prices there are through the roof in lots of cases. Two bucks a night? That is incredible. I saw some hotels in Vietnam advertising for US$4 and I thought that was insane.

As to the market situation, I am bit out of touch myslelf now but I tend to agree that there is almost no reasonably valued shares left to buy for my portfolio. I think all that hype around superannuation contributions is making the superfunds buldging with cash and where they gonna put it?
Aussie sharemarket is the most familiar place for them so prices there are through the roof in lots of cases.

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