The last few days have been less than marvellous. Fresh from my 14,435 placing on the ASX stockmarket game (out of 15,541 people) I get clobbered with the Centro Properties fiasco (how to lose thousands of dollars in the time it takes to drive from Brisbane to Gympie). A small plus is that I'd bailed out of Westfield last Friday although that stock should recover pretty quickly. I've decided to get out of most of the listed property sector, another similar story and they'll all go into free-fall again.
Not my best investment year - Centro went down the tube and Gold Link Income Plus became Gold Link Outgoings Minus. Both of these were highly recommended by those who know a lot more than me and should have known better.
On the plus side I'm advised that I should get 11 or 12 cents in the $ back from Sons of Gwalia. Real estate is looking like a good place to put money.