P.S. Totally relate to drinking your own GJ’s dry if you had one Dubstep! My good old Aldi coffee machine gets a great work out as it is… tastes just as good too!!

Great thread guys. Interesting reading everyone’s plans & stories on retirement. For me, I reckon it’s all about enjoying & living your life to the full as much as possible now too, while working smarter (thinking IPs!) instead of harder.

I saw first hand dad working his butt off for many years – saving & saving for his intended retirement at…[Read more]

HSBC’s take on Australia’s future re LNG etc…..

http://www.hsbc.com.au/1/PA_ES_Content_Mgmt/content/australia/about/research/archive/2012/OZ120504.pdf

Hi Freckle,

Out of curiosity, do you have any IPs at all?

I’m thinking probably not considering your comment… “virtually every major economy is near collapse simultaneously”.

If you do have IPs, I’m stumped as to where you have invested?

Hi Simple,

I wouldn’t consider myself a “specialty investor” as such. Just someone (prob what the “true” specialty investors on this forum would refer to as “mum & dad investor”) who decided to look outside the square when capital city investment just wasn’t cutting it. After a heap of research/DD & drawing on a huge amount of knowledge,…[Read more]

On another note, for those who recently purchased a villa/unit in Emerald – know there are a few of us on the forum – better news –

http://www.yourinvestmentpropertymag.com.au/news/youre-kidding-25-suburbs-with-capital-growth-and-cash-flow-127953.aspx

And another article from API couple of days ago….http://www.apimagazine.com.au/api-online/news/2012/04/property-bubble-bursts-in-moranbah-but-for-how-long

Article today re Moranbah…..http://www.abc.net.au/news/2012-03-26/dark-side-of-the-mining-boom/3913272

Right now the market in Emerald is very tight – see recent posts from others on Emerald… places are selling like hot cakes at the mo so I doubt there would be much room for discounting. For us personally (we’re in the process of purchasing an off the plan villa) we didn’t have the luxury of time to negotiate otherwise we would have missed out -…[Read more]

popelich wrote:
Does anyone know how the auction of 10 houses in Moranbah yesterday went.Cheers

Hi Popelich – apparently the auction was cancelled due to bad weather incl flash flooding & road closures. Unsure if they’ll organise another one in future but on realestate.com you can see some of the houses offered now due to auction being…[Read more]

Hi guys,

First of all, thanks to everyone for sharing their great knowledge on this site – very informative & a lot of food for thought to say the least!

We are finally ready (hubby & I based in Syd) to buy an IP in one of QLD’s mining regions but keep changing our minds on location every 5 mins it seems! We were keen on Bowen initially (due to…[Read more]