Be cautious of investing in an uncertain property market

With many economists forecasting further falls in property prices of 17% surely now is not the time to be buying further property.

Especially if you are new to property investing or have a highly geared investment portfolio.

But, maybe I'm just over cautious, ( I did stop adding to my portfolio in 2002 because I saw property as over-priced - so what do I know? )

A friendly warning though, to all those who see property investment as a one way ticket to riches, there are plenty of property investors who have lost everything along the way.

Don't be blinded by 'property gurus', understand what you buy and why, and love your family, they are the best investment you will ever make.

Peace to landlords.

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