the only difference is that inflation is not as high, but that is offset against the fact that neither are interest rates.

but, as they say in Tasmania… “it’s all relative”

Originally posted by tony wpb:
bankrupt properties dont exist

i missed that final sentence, which proved to be the most laughable statement i’ve seen on this board since i signed up.

have you never heard of Austwide, OST, Heine, Estate Mortgage, Cambridge Credit, Walker Corporation?

did you never see the vacant development projects in the…[Read more]

Originally posted by tony wpb:
i hate to break it to you but there are no better results than property .

since 1982 only 38% of the asx 100 is still in existance , some have had take outs but a large % have gone bankrupt, that is the best 100 companies in australia

i could be ps 146 in 8 days and have the licence to invest your retirement fund…[Read more]

whats the point of knowing specifically what someone made out of XYZ Street Cityville when i can never buy it?

someone can tell me they made 100% out of AMP shares and i can go buy some on the market if i feel like it.

youre not comparing apples with apples. no matter what someone tells me their property has grown by, i can never buy that…[Read more]

this has been a good debate and if anything has been clarified it is that everyone has an opinion on whether shares are better than property, but i think ive made up my mind.

i dont have the cash to buy another decent property particularly when the market is a bit overheated and with all the taxes and add-on costs etc. there is also the risk…[Read more]

Originally posted by Jerzy Balowski:
imagine your property, worth $318,000 in 2000, and holding on to that property, only for it to be worth $150,000 today.

This scenario is virtually unheard of in real estate, including all the two-tier marketing horror stories, yet it is common in the share market.

welli used to be like you once. i was…[Read more]

looking at what was faxed to me, they bought AMP at $4.50 about a year ago.

also the CBA was bought at the float and they reinvested dividends for the first few years and bought other parcels along the way.

well, to answer foundations question about what the syndicate has achieved i just had to ring my mate and find out. also because im getting more and more interested as the night wears on.

he faxed me their valuation statement and i cant decipher it too well but this is pretty clear:

Alinta Gas +37%
Amcor -7%
AMP +132%
Centennial Coal +62%
CFS…[Read more]

Originally posted by woodsman:
Chipper,

One swallow does not a summer make.

How much did they make in the last five years?

The same issue applies with property until the end of 2003. Most people with any property made money in those preceding years

well i’ll ask him what theyve done over the past 5 years.

irrepsective, ive seen the graphs…[Read more]

I’ve been browsing these forums without ever joining up until i read this post cause i felt i just had to say my 2c worth.

For years i was a property man until one of my mates told me about the kind of thing you’re on about. Anyway he went into a syndicate with a few others and they all borrowed the money and put it in shares. So its still…[Read more]