I guess there is no "stereotypical" investor. There are about as many different people with as many different approaches as there are ways of wiping your bottom and hence defining the average is futile.
This brings up an interesting thought: Can all people be investors? Does it only take the right mindset to make things happen and to enter the heady world of PPORs, IPs, LOCs, CF+ and CF-, SANF and SMSFs.... maybe it is, because currently, anyone with a decent credit rating and as little as $50 spare a week, can enter the property investing market. Anyone with an itch to scratch when it comes to investing should start scratching like there is no tomorrow, because market conditions are so favourable, only a dodo wouldn't invest. UNLESS, you are like me and have over capitalised, you should have a go...
Market commentary: A lot of talk about the removal of negative gearing with the upcoming tax reforms. I for one would like to see them stay and history tells us, they will NEVER be removed again, but you just never know.....there are some funny folks up the top these days...
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