Yeah good thinkin Nu Gen.

Cheryl, that sounds like a good deal to me.
Thats $7540 in rent p/a, and your loan repayments would be around that. If you got a loan on interest only, then thats around $5500 p/a.

Good answer QLD’s 007. Thats all I needed to try and find some. Now I need the time to make the trip

Yeah guys Im 21, and just starting out too, and was thinking whether I need a business partner. It might be a good idea.

C2, so youre saying that you can get an R32 GTR there for $8000? With the exchange rate of 75 yen to 1 ozzie dollar, that makes it only 600,000 yen? I think youd be lucky to get one under 800,000 yen.

But yes I am in Australia, so theres shipping costs, stamp duty, buyers fee, GST, compliance, rego etc etc…. It all adds up. I actually got it p…[Read more]

xyzzy: Yeah I just checked it out, and I know Dad owns around 500,000 – 600,000 shares. The top 20 shareholders all own over 1,000,000 shares.

Thanks for all the info too guys.
Its been very helpful, and I think I will start up an ING account very soon.

Cheers,
Andrew

C2, if you notice I said 1994 GTR. The twin turbo AWD car, not the GTS-T. They sell for anything over $30,000 these days.

Dingo, yeah shares are definitely are too volatile to put all my money into them, but maybe spread it across a few companies + a managed fund?
I’m an Accountant and should be able to match the $220 a month fairly easily.

Has anyone heard of Burns Philp shares? When I was in high school I did an assignment in buying shares, and noted that Burns…[Read more]

Wilko, nice choice in cars! The Supras are very nice.

Yeah with the new importing laws, the cars basically have to be stock when complied, but there is the 89 year rule, where if they are 15 years old, then they dont have to be stock or complied. But who wants a 15 yr old car anyway???

Anyway, you can still import a fairly stock car, do it up a…[Read more]

Thanks for the quick replies guys!

Ive just taken a look at INGDirect and they looks pretty good.

Any other ideas, what about shares? They seem to risky to me, but in 3 years might give a better rate than 4 or 5%.

It was a 1994 R32 GTR.

powmow: Im from a country town called Mildura in the north-west of Vic.
Property values are on the rise here, so I am going to try and get in asap before it plateaus out.

Hey Josh,
I too am VERY new to this, as this is my first post in these forums.

I am 21, and in a few years will be looking at owning my own home and starting to invest in rental properties.
I have just landed a great job as an accountant so have a very good income backing.
The only thing I can suggest (which might not necessarily be correct) is…[Read more]