Hi Freedom,

I really can’t help you.  I watched as Perth sank while the East were going up a couple of years back.  Just recently I saw signs of life in Perth, but I don’t have a handle on just what is happening there.  What are you seeing?

There are some Perth members who pop in from time to time – maybe they will see your post and add their th…[Read more]

Hi Freedom,

I really can’t help you.  I watched as Perth sank while the East were going up a couple of years back.  Just recently I saw signs of life in Perth, but I don’t have a handle on just what is happening there.  What are you seeing?

There are some Perth members who pop in from time to time – maybe they will see your post and add their th…[Read more]

Hi Tom,

Long story short, the manager’s behavior is leading to large costs incurred by the owners.

Sorry to hear that, but I quite agree – I never did buy into any property that had a body corporate.   I had liked hearing of your success with the older folks and the nice returns available, along with the happiness your move evoked in your ten…[Read more]

Well, same same….  The RBA does it yet again.   No “wait to see the effect”.

Qualifying Rate – I heard they stepped from 2% to 3% some months ago.  And folks couldn’t get a loan unless they could handle a 3% lift in Interest on a mortgage.  OK, fair enough, but then what of the FACTS that it hasn’t JUST been mortgage costs that have been incr…[Read more]

Hi Iboorer,

I found spreadsheets were my preference back in the day.  The other thing I recommend is to meet up with other investors – on websites like this, look for the meetings that take place from time to time.  Brisbane and its Coasts have a regular meeting taking place – other cities are “now and then”.  Of course, you can ask on forum fo…[Read more]

And, sure enough, a further 50 basis points (or 0.50%) added just days ago.  I do hope the new Govt takes the time to give the RBA a bloody good talking-to !!!   They sure can do with it.

We are well on the way to that 150% increase.  Where are we right now then?   A total 175 basis points (or 70% – see below) so far.

A 0.25% increase again…

[Read more]

And, sure enough, a further 50 basis points (or 0.50%) added just days ago.  I do hope the new Govt takes the time to give the RBA a bloody good talking-to !!!   They sure can do with it.

We are well on the way to that 150% increase.  Where are we right now then?   A total 175 basis points so far.

A 0.25% increase against a 2.5% mortgage inter…

[Read more]

Hello test

Hi Helen,

You had me worried here for a minute:-

I think you are missing the opportunity to gag your own and others’ freedom of speech.

And then I realised this was a response to “What am I missing?” and, realising that, it put a whole different slant on my understanding of your reply.

Thank you for your response – and that last sentence was S…[Read more]

Hi Daniel,

I checked with Steve – he mentioned that Wealth Guardian is one that he has wanted to update, but he has several other projects on the go and is short on hours.  No ETA provided on when a new WG might emerge.

Re other products, STEPS is a classic (imho) for anyone looking to buy a property, as it takes you by the hand and steps…[Read more]

Hi Daniel,

I checked with Steve – he mentioned that Wealth Guardian is one that he has wanted to update, but he has several other projects on the go and is short on hours.  No ETA provided on when a new WG might emerge.

Re other products, STEPS is a classic (imho) for anyone looking to buy a property, as it takes you by the hand and steps…[Read more]

What do you think about THIS comment from PragerU?

“This does not mean that climate change is not an issue – but exaggerating the threat concentrates our resources in the wrong areas.”

See the context of that statement in this link – around 2:20…[Read more]

I just caught a headline on TV that indicates the RBA is considering a 50 basis points rise for EACH MONTH up to year end.

Please say it isn’t so….

I bloody hope NOT !!!   That would be a further 2.5% uplift on the 1.25% already foisted on us.  And let’s check the figures from my last post re the likely effects of such a braindead mo…[Read more]

I just caught a headline on TV that indicates the RBA is considering a 50 basis points rise for EACH MONTH up to year end.

Please say it isn’t so….

I bloody hope NOT !!!   That would be a further 2.5% uplift on the 1.25% already foisted on us.  And let’s check the figures from my last post re the likely effects of such a braindead mo…[Read more]

Hi Alexus,

Yes, I think you are missing something.  This part says it well I think:-

the flat dollar increase allows BOTH parties to afford an extra cup of coffee per day (i.e. it is equal for all, though the percentages look quite different).

To me, this seems to be the fairest way of all as all parties receive that same “extra cup of…[Read more]

Hi Alexus,

From your answer, I think I haven’t explained things well – there is quite a huge difference between a dollar increase and a percentage increase.

An example.   Let’s say the Govt orders a 5 percent lift in wages across the board.   Then to the person on $100 a day, he gets now $105.  To someone on $1000 a day, he gets $1050.    One re…[Read more]