good point skippy girl – sounds complicated doesnt it… but we have economists trying to predict, provide info on subjects much more complicated than the property market…

thats why these statisticians spend 4 years at university…

hehe

dito sonja – well said

just to further my idea on getting a more uniform way of appraising the market this is what they should do

– standard house to work on
– pool of people representing agents, buyers, statisticians, property monitors etc to every month send in what they think is happening in a certain suburb.
– the pool should be a cross section of all interested…[Read more]

i heard the age property editor was getting kickbacks from agents. dont worry guys we cant get sued for defamation its part of the public domain in the recent case against the age for sexual discrimination.

hi kay – yep read abt boronia. all i can say is statistics and damned statistics. does anyone really blve this stuff..

there isnt a suburb in australia you would bet 100 bucks on the direction, in the next report produced by one of these infamous property monitors. seriously it is so heavily dependant on the sale of a few larger type properties…[Read more]

is there a victoria in new zealand???

in all honesty you will find it difficult to find obvious positive cashflow properties anywhere in vic at the moment. ie the type where you rock up to a an agent and say i wanna buy a house that will give me a 10 pct return – now where do i offer???

you will need to look at more creative type investments all…[Read more]

g’day – in the eastern suburbs i would stick with any of the suburbs along the belgrave/lilydale train line. from box hill all the way out to liliydale heaps of older type houses primed to be done up. prices have already surged in these areas but developers like you are buying up/doing up and subdividing all the way along. if you can move out a…[Read more]

g’day – whats your budget???

good posts guys. i would add that you only get one crack at this life and therefore why risk being anything else other than honest and righteous.

to me its about perspective. so if you think that making an ‘evil’ (hehe) type investment decision – will further your cause, then maybe you dont have a total grip on what makes you happy, and what…[Read more]

c’mon – everyone has a barrow to push. my local favourite is peter costello. once a month the age headlines with an article saying ‘costello sees no reason for rate rise’. i think they dont even bother to change the wording….

if you dont think the property market (in general) in australia is overinflated by a substantial amount then you have…[Read more]

aint to proud to bite…keep rockin..

aceyducey –

qte
My posts are to shake people’s worldviews a little & make them think.

Some people need a gentle guidance, some people need to be confronted, unfortunately you can’t please all the people all the time
unqte

even if you do say so yourself!!! please….

making money and educating people is also about communication and some of…[Read more]

jo – its the more than slightly belittling tone with wch its delivered. its the mark of a self made man and i recognize it in myself sometimes – but its an ugly mark

acey said

‘The key to success in any form of enterprise is to start with an open mind.’ not true – you can have success with a closed mind – be careful of generalisations

‘Don’t limit yourself with preconceptions. Look at the facts objectively and make a decision’. investment is subjective as much as objective. life is full of preconceptions.…[Read more]

onya tools

the chick that hosts the show – is she on performance enhancing drugs????

great show….

i think monoploy is right ‘whatever works for you’. i would also add it has a lot to do with timing!

there is a lot to be said for specialising even in investing. the idea that you should try and be equally proficient in many different investment types i think can be wrong.

its like business through the 80’s and 90’s. first it was about…[Read more]

i got my gold from the perth mint. you buy the ownership get a certificate and they keep it!!!

they have a website

or as westan said just buy up the stocks of one of the mineral companies..

interest rates up!

sizzling – great point – apprentices are actually getting paid to learn…its obvious but i hadnt thought about it that way. its conventional to think its like slave labour but infact its like getting a grant to educate yourself…

if i had my time again i would certainly look closely at weighing up the benefits of =being inthe workplace and…[Read more]