Northern Foods - a Tasty Choice!

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wilkie_hk - Fri, 29 Dec 06 :

Evening all. Just to clarify that my gain includes dividends.

On the house price increase front, I would imagine that at the moment year on year, the average square meterage of a property and it's associated plot size must be reducing by about 3% (in Bournemouth flats account for a disgraceful 92% of new builds, so this figure is more like a reduction of 6% a year). So, not only are we paying 10% more for our property this year, but we are also getting less for that money. A house market crash would personally suit me fine, and hopefully cause more than a little pain to some of the unscrupulous developers.

I believe that the stockmarket is now beyond fair value, but also believe that the herd will continue to push it to new highs, and that we will most likely make it to the end of the year before the ineviatable correction. I'd be delighted to achieve double figure gains next year.


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