The pro’s of P&I are paying down the loan!

The con’s are – less of the repayment is tax-deductable.

The pro’s of fixed interest are: Risk minimisation (hedging). – you might pay a premium for this.

It depends on your cashflow situation.

I would say if you are in an aggressive asset building phase – you might like to use interest only until…[Read more]

bork bork! …. hehehe

Go Calvin.. Remember – Family is what makes it all worthwhile! It’s no point earning much $ only to have no one to share it with…

In Brisbane Misty? I need a sparky..

Has anyone successfully transferred strata title on flats /units?

I’d be interested to talk to someone about this, the costs involved etc.

Cheers
alwayscurious

What does it hurt me to be generous? Not much. A 55c stamp.
A letter. A bit of pride.

Ah what the heck – it sold! woo!

I sent the letter today.

Plus, I had another look at the agreement and I get 20K freq flyer points for listing and selling

(no points to guess which agency I used!)

So woo! My reward is there. I had forgotten, but after…[Read more]

I beleive Giving is sowing seeds. Seeds of money. Like investing.

I give to a sponsor child, our church, various missionaries, the Salvos, visiting speakers at our church, people that come to the door, people in the street, friends (coffees or whatever) etc.

One of the goals in wealth creation is to always have something in my pocket or hand…[Read more]

By The way – I have found EBAY to be an excellent source of second hand books! they are a bit cheaper and you can still own them

Originally posted by Peter Spann:
By the way – I think “Brain” is the bestest EVER cartoon character.
I subscribe to his uber-plan!

I personally like “Mojo Jojo” from Powerpuff Girls!

Go Hard! That’s a good goal.

Well done for first home too – it gives you a VERY stable base to work from. Not for everyone but it solved some instability probs with my wife and me – sorted the itchy travel feet out for a while!

To be able to give. Money, time, knowledge, peace, & the greatest gift of all – a knowledge of God.

Right – here goes with MY dream – no one knock it please! Not that I’m sensitive about it – I am jolly determined actually.

I have roughly 6 years. From now.

Plan is – one more child, then in 6 years, a third. the third will be looked after by me at age of 6 – 8 months (after weaned)

This will give my wife the option to study again and…[Read more]

thanks for the swift kick up the butt!

My attitude needs adjusting from time to time. I find that’s where it ends up – in my butt. A quick kick and it’s back in my heart where it belongs

In reality the guy did a fantastic job and I hope he succeeds.

Cheers
alwayscurious

Originally posted by kay henry:

I started reading an e-book today- why not, I thought. It started off with “you were born to be rich…” That stuff just does not interest me. I have been watching the kids from Russia dying, further conflict in Iraq, 100000 people dying from genocide in Sudan, etc etc… an entitlement of being born rich just…[Read more]

Oh Pick me! PICK ME!!!! for the lucky door prize… oh please please!

Woo. An event. I’m excited. I’m there, with bells ON.
(I’ll be the guy with the BIG GRIN)

True Emcdonald.

I should be generous in my praise and slow to anger!

They were 1000 times better than the previous RE – who was
A) Late
not quite as honest
C) fluffed around on many potential buyers.

jump on the somersoft.com.au forum and search for ip_calculator. It’s a good spreadsheet – but there are potential mistakes in the tax department – but this might be due to ATO greed more than mistakes!

Sonja – to celebrate – we are going to have another child!
Actually – we were going to have another child anyway.

I just wanted to get the mucky situation sorted first.

If your parents would not like to rent – perhaps you can sublet some of the rooms? This is often a good tactic and it gives you good insight into choosing people for tenants also! Will be a handy skill as you work towards your property empire.

Great Scott! – Don’t be discouraged by your mates rellies and friends – haven’t you heard the analogy of a crab pot? If a crab gets in with a bunch more, and tries to get out, the others see him and pull him back down. If he keeps trying, they pull off his legs to stop him.

It’s the same in our culture – if I get up at work and say! That’s IT!…[Read more]