Putting all Eggs in One Basket

[ENP]

Do you invest in just property?

Do you feel you need to diversify into other assets or are you happy just investing into property?

[PTILoveYou]

Yes all in property.

No because there are still other fields of opportunity in property to master, ie land development or flip.

[Damap]

Property is so wide you can have a dollar in property and a dollar in property and another dollar in property and be fully diversified!

[Keys]

Aside from Kiwisaver etc. Totally in property

[BigDreamer]

Private business + property

[Ahar]

Property is so wide you can have a dollar in property and a dollar in property and another dollar in property and be fully diversified!

Yeah right!

Just like all those good folk who diversified by putting their money into several different finance companies

After all putting all your money into just one company could be risky

[DazRaz]

There isn't a suitable category for me. Investment fund in a single asset class.

[NomoneyNotalk]

Yes property mostly but in different places. No kiwisaver as i don't have control over it until i am over 60. and when i am 60 it might be changed to 65 or 70

[Puff]

You can have diversity and spread your risk in Property.

[Damap]

Putting money into different finance companies is not diversification. Nothing to do with what I said.

[elguapo]

Property is so wide you can have a dollar in property and a dollar in property and another dollar in property and be fully diversified!

Did you manage to say that with a straight face?

[Ahar]

Putting money into different finance companies is not diversification. Nothing to do with what I said.

I agree...it's not diversification...as many found to their cost

My point is that putting all your money into just one asset class, and this includes property, is not diversification.

And by the way, this is everything to do with what you said

[Damap]

No it doesn't. As I said finance companies no matter who many of them you invest in is not diversification. If the people who had their money only with finance companies who lent in the real estate space had put split their funds into a rental property, finance company investment and say shares in Fletchers or a commercial syndicate they would not have lost all their money in fact many of them would not have lost a dime over time. Instead many of them were wiped out. And on that subject many, possibly most, who invested in that market knew little about real estate investment. I don't know a single PI who invested in finance companies, it's risky!!
Thats the beauty of real estate it is so wide you can stay in the same broad asset class and be completely diversified.

[speights boy]

My cousin has a diverse taste in music.

She likes both Country and Western.

[Ahar]

No it doesn't. As I said finance companies no matter who many of them you invest in is not diversification. If the people who had their money only with finance companies who lent in the real estate space had put split their funds into a rental property, finance company investment and say shares in Fletchers or a commercial syndicate they would not have lost all their money in fact many of them would not have lost a dime over time. Instead many of them were wiped out. And on that subject many, possibly most, who invested in that market knew little about real estate investment. I don't know a single PI who invested in finance companies, it's risky!!
Thats the beauty of real estate it is so wide you can stay in the same broad asset class and be completely diversified.

Good grief Damap .....I'm beginning to think that you don't know what diversification is.

Putting all your money into real estate is NOT diversification....it's irrelevant as to how broad or narrow it might seem.

And just so we make our point super clear.......diversification is putting your money into more than ONE asset class.