derek – good job – i dont really care but most of his points sound like they have been taken from a manual (nothing wrong with that) but then they lead into his website which we see sells all this stuff). little too mich like advertising….maybe im worng…jack explain yourself !!! hehe!!

could one of the moderators please ban jack or atleats tell him to stop advertising. at the same time tell him that his website is unproffesional. too many colours, fonts etc ….looks like its done by a 12 year old.

this is advertising as are most of jacks posts..

woodsy – there is no right or wrong answer here. it depends. the return is abt 6 pct so its negatively geared so with the usual deposit you will be out of pocket prob in area of 300 bucks per month. luckily the townhouse isnt that expensive so 300 bucks for most people (70 bucks per week) isnt gonna hurt too much.

what you also have to do is do…[Read more]

zen – he made 850k after tax and all you can intimate is that he was lucky. your very tough!!

lazyboy – credit where credit due. regardless of the reasons, many of which im sure had alot to do with smart investing – well done!!! wish it were me!!

amichelon – sounds like you know what yr doing….

i agree with you!!!

there are no guarantees about the market. for me the overwhelming thing is the poor returns. for centuries the value of an asset has predominatley been calculated by the income it creates. 2-3 pct just wont cut it. i cant see rent going up 100 pct so the only other…[Read more]

good onya robert – sounds like a mightmare. good to see at the end of it you remain strong and philisophical.

best of luck for the future..

i hate to say this but your boss sounds like a psychopath.

b4 all of you think thats too harsh – there has been many articles recently especially in the Financial review, talking about psychopaths in the work place. and the scary thing is most of them become bosses. the reason being they are driven to succeed more than the rest of us. from your…[Read more]

angel – go for it, fiugures look good – you have it all sussed – well done…

ps make sure the hells angels clubhouse isnt next door!!

atleast the abuse is to your face. start to worry when its more subtle, no promotions, constant supervision, favouring other people….companies use this methods to freeze people out and it highly illegal. unfortunaltey for comapnies its very tough to scak people these days. so i think the best is to alert the union, keep a journal, let them know…[Read more]

angel how dare you write such a stupid post first up!!

just kidding!! you sound like an expert and the numbers look ok.

btw whats the
– purhcase price
– deposit amount
– debt level
??

yasna and richmond – interesting points. infact this has been the subject to a fair bit of discussion in the media recently. some american guy reckons that the modern generation only gives to charity in order to look good to others. and that we used to give to charity in silence and somehow this was more admirable….

so in the end everything we…[Read more]

yack – its called foreplay!

maybe you cld get roger daltry from the who to be lead singer (my generation) – is he a boomer i wonder – maybe too old…

good onya rob

richmond you are quite right no mention of it – but we do get articles about aboriginals not paying rent.

baloo speaks the truth. i will be giving to famine relief as i always do aswell as to victims of the tsunami…

obiwan – very insightful!

gogo – you need to add something to your place to make it worth more to rent. foxtel, garage, another room etc etc

jo – why dont you say what you really mean!! lol

g’day – yep all good points and calder you are quite correct. i guess what im saying is any secure income could be an advantage – doesnt need to be be a high income…

derek – maybe a job will come back into vogue!! god help me!