I didn't read all of the above posts (cause I know everything already) so sorry if I double up. Property gains will remain flat, if not see a decline due to people stepping back, as well as banks pulling in the reigns on who/how they dish out the coin. Medium term, I'll be back into the stock market, however (as previous post predictions will now confirm) I've absolutely done my nuts recently. In my opinion, we've been punished beyond what is reasonable and I'd love to hear some reasoning from others who disagree. Right now, Australia is purely riding a resources boom, that I reckon is toast in the short term. Resources will always be required, but in times of financial crisis, people spend less. When people spend less, there is lower demand on pretty much everything. When there is lower demand, the manufacturing nations (the ones that use all the resources we sell) see declines in demand and stop buying our precious goodies. No spend = no manufacture = no resources = no booming Australian economy. The dollar price has me f*cked. My tips. Stay out of resource stocks, even though BHP and RIO look like a golden opportunity - particularly RIO. Stay out of property unless you have plenty of cash on hand. Get into the spring racing carnival and have some fun. Live is short - live it up. Oh, and stash your cash in the bank you feel most comfortable with. Either that or buy a huge mattress.