Funnily enough, the three insurance agents that I dealt with in the early-mid 1990s are all financial advisors now

They followed the money – can’t be too dumb

Cheers,

Aceyducey

In theory, there is no difference between theory and practice. But, in practice, there is.

– Jan L.A. van de Snepscheut

Note that you are charged an extra day’s interest on loans on leap years however

Cheers,

Aceyducey

In theory, there is no difference between theory and practice. But, in practice, there is.

– Jan L.A. van de Snepscheut

Nessa,

Can you afford NOT to buy Investment property?

Or to invest in something else?

Cheers,

Aceyducey

In theory, there is no difference between theory and practice. But, in practice, there is.

– Jan L.A. van de Snepscheut

hmm – at 25 the Internet was the next big thing but not there yet (Netscape had only just floated. I’d already founded 3 companies…..and the property market was in decline but hadn’t bottomed.

That’s remarkable similar to today if you substitute another sector for dotcoms…

If I was 25 NOW I’d also be focusing on non-property assets for the…[Read more]

Buyers’ Agent is NOT another term for birddogging.

Buyer’s Agents are licensed real estate agents who work on behalf of buyers rather than sellers.

Birddogging remains illegal in Australia in all states.

Just check the real estate laws – they are pretty clear on the matter.

Cheers,

Aceyducey

In theory, there is no difference between theory…[Read more]

So my solution (or Plan has been to be bullish on oil stocks.

The strategy has been working nicely for the last year.

There’s been some excellent returns from buying shares in oilers, and in pursuing more direct investments in the oil industry.

There are still plenty of opportunities out there for those willing to do their research to…[Read more]

Originally posted by Gambini:
heres one question

Who would you trust more an investment partner taking the same risks as you or a broker who is simply getting paid

[cigar]
chivato

I’d trust the mortgage broker.

The outcomes they want out of the deal are clear and there’s a clearly defined exit.

With an investment partner you have to be very…[Read more]

In the long run the most successful people are those who:

a) Identify a winning formula & stick to it
b) Change winning formulas when everyone else copies it

I reckon Steve’s demonstrated he can do this – which makes it a good idea to EMULATE him, but not necessarily to FOLLOW him.

You don’t get ahead of the pack by following the pack…[Read more]

residentialwealth,

Frankly I’d regard 12% for commercial as pretty poor if it’s gross, OK if net.

But it also depends on the CG potential.

Weapping commercial sounds like a good idea – can you expand on this more Phillip….

Cheers,

Aceyducey

In theory, there is no difference between theory and practice. But, in practice, there is.

– Jan…[Read more]

Gilad,

You may wish to take a look at Steve Navra’s approach as well…

http://www.navra.com.au

Cheers,

Aceyducey

In theory, there is no difference between theory and practice. But, in practice, there is.

– Jan L.A. van de Snepscheut

I’m pretty much in agreement with Way.

thecrest’s comments on stuff not addressing the point is also on the ball & is purely an administrative issue. It’s something that is managed at Somersoft but not here.

I see the difference between the two being this is a laisse faire forum & Somersoft is almost socialistic.

Which is better – heck depends…[Read more]

Minter Ellison is a good firm. I’ve worked with them several times in the past (as the appointed lawyers for several businesses I founded).

However you do need to make sure you’re dealing with good people in the organisation….of course all their people are good, but some are naturally more expert in the areas of law you need than others.

(and…[Read more]

Maximising value in properties through renos, selling the dogs, setting up businesses & share trading.

And much too busy to spend essessive amounts of time on forums

At least that’s what we’re doing

Cheers,

Aceyducey

In theory, there is no difference between theory and practice. But, in practice, there is.

– Jan L.A. van de Snepscheut

Originally posted by kay henry:I look up to noone.

You must be very tall kay.

Cheers,

Aceyducey

In theory, there is no difference between theory and practice. But, in practice, there is.

– Jan L.A. van de Snepscheut

Just watch out for the sharp-infested pool of not investing….where rapacious employers & superannuation fund managers manage to erode your wealth & leave you destitute and at the mercy of the Great White Pension.

Cheers,

Aceyducey

In theory, there is no difference between theory and practice. But, in practice, there is.

– Jan L.A. van de…[Read more]

Jaffasoft,

There’s been previous ‘Best of Somersoft’ threads.

However there were no acronym lists here on PI.

Cheers,

Aceyducey

In theory, there is no difference between theory and practice. But, in practice, there is.

– Jan L.A. van de Snepscheut

There’s an acronym list at Somersoft – why go reinventing the wheel? [biggrin]

Acronym, glossary, abbreviation & TLA FAQ
http://www.somersoft.com/forums/showthread.php?t=9382

There are a series of other FAQs there as well: http://www.somersoft.com/forums/forumdisplay.php?f=4

Cheers,

Aceyducey

In theory, there is no difference between theory…[Read more]

I agree with Monopoly.

Frankly I’m of the view that you should reassess your portfolio every few years & shed the poor performers. Sure they might still make you money, but your dollars can be better invested elsewhere.

Treat them as the cost of learning to be a better investor.

In other words – cut your poor investments & let your good…[Read more]

I’ve never considered athletes or indeed any sports people in general to be heroes. However I do consider them role models (in some cases poor ones).

IMHO Heroes provide some great and lasting positive contribution to their circle, to other people or to society.

I see this including ‘names’ like Mother Theresa, Gandhi, Martin Luthor King,…[Read more]

Enjoying myself & helping others to achieve success

Cheers,

Aceyducey

In theory, there is no difference between theory and practice. But, in practice, there is.

– Jan L.A. van de Snepscheut