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  • Profile photo of dallen_14dallen_14
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    @dallen_14
    Join Date: 2008
    Post Count: 10
    June 22, 2009 - 8:17 am

    Yer you are right. I did some research into billboards and it turns out it is just like the Newspapers as far as catering for national advertisers, where you are a player, or you are not. So with finding that out I decided against it as the threat of vacancy is too high. (I am not a big fan of solely relying on the locals).

    But yer thats one more non feasible investment option out of the way, and I am sure there are many more to go before I find something that works.

    Profile photo of dallen_14dallen_14
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    @dallen_14
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    February 24, 2009 - 2:47 am

    I myself have been getting frustrated in not been able to figure out a way to make money on Real Estate. I have one friend though who is an options trader, and he has actually done quite well out of the Crisis. (1st with his Put options a contract giving the right to sell at a certain price, so after the crash he can buy the stock for dirt cheap and then use the contract to sell them for a higher price) on the US financials. You can also make money out of CFDs and Futures trading (however do your homework before throwing your money in!! If you don’t I can guarantee you will lose your money.

    One thing that is important to know about trading is that the market does not have to be going up for you to be able to make money! You just have to correctly forecast which direction it is going!

    However Options, Futures or CFD trading is not investing in the true sense as you always need to be watching it, and modifying your positions. Its almost like a second job, but it is no where near as hard as your main job.

    As far as a long term, low maintenance investment that are safe I reckon it is worth looking up “Covered Calls” After learning what they are you will think people are mad for buying shares with out the protection they offer.

    It is a bit in depth, but long story short you can buy shares, with protection from a crash, and also get a monthly income from them (plus the dividends you would be getting anyway). It is a lot of homework, but so is property.

    Anyway just another option to consider.

    Profile photo of dallen_14dallen_14
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    @dallen_14
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    February 20, 2009 - 1:20 am

    I am in the age bracket where alot of my mates will be getting this $900 hand out. And I have observed that most of them are using it to buy stuff that is made in China, while others are putting it towards their overseas holidays….. I think you get my point.

    But don’t get me wrong, I am very excited about getting $900, but I know we will be paying for it with interest in taxes later, when the libs get re elected and once again have to clean up the mess Labor made.

    Profile photo of dallen_14dallen_14
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    @dallen_14
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    January 31, 2009 - 3:28 am

    I just have a quick question for Scamp.

    If you were so certain things were going to crash as they did, and if as you say they are going to crash some more, I would like to know if you have / had any Put options or gone short on our currency, the price of oil, or even an ASX listed property group. (A Put option or selling short enables you to make money if the given commodity or equity goes down for those who don’t know)

    If you have, Ill say well done, but if you haven’t one might be able to argue that you should put your money where your mouth is.

    I personally am in my 20s and I know allot my of people in my age bracket who think they know everything about the economy, but only a couple of these friends have actually tried to make money out of it (Put options on US financials etc) instead of just harping on about how much of an expert they are.

    But yer Ill be interested to see if you did, and if so which equity’s or commodities?

    Cheers

    Profile photo of dallen_14dallen_14
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    @dallen_14
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    December 11, 2008 - 1:03 am

    Hi Josh thanks for that Post.

    After looking into it for a bit and weighing the pros and cons I will probably be holding of from it for now. If I owned property near a major road I would go ahead as it would be bonus income, but the threat of vacancy is too high for my liking for it to be a sole source of paying back a debt. And with no advertising agencies to connect me to national advertisers it further deteriorates this as an option. (Every battle is won or lost before it is fought).

    I still learnt a bit though and next time I buy a property Ill be trying to get something near a main road, so I can use the billboard as potential side income.

    Cheers for that tip about Guerilla marketing, I looked it up and yer sounds great, (I am a little bit of a history dork). Hopefully one day Ill master the Art Of Bing Fa to investing ;) I am one of probably a million people who is on the verge of launching a new website so at least Ill be able to apply the tactics for that in the mean time.

    But again thanks for your comments!

    Cheers
    Dave

    Profile photo of dallen_14dallen_14
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    @dallen_14
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    December 8, 2008 - 12:25 am

    This is great guys. I just made a few phone calls and it looks like APN has taken over Cody and according to the sales rep there, they only find customers for the billboards they actually own. (I was hoping it might be similar to the way you can use a real estate agency to find tenants for an investment house). But hey there might be a an new business opportunity there…. (It would be a lot of work and risk though)

    So from what I have been told so far, it looks like we have to find our own customers (advertisers), and I will probably use Jaffas method.

    C2 if you don’t mind me asking do you remember roughly what it cost you when you did it? Did you get any surprise blow outs in your budget? Did it work well for you, would you do it again if you could go back in time. (And cheers for those comments!)

    Jaffa I will be really keen to see how you go. Best of luck sport. I hope the Council approval goes well!

    Boneza
    In the example where Steve McKnight showed us what he did with one of his Billboards, his yearly yield was $11500. And he paid $123,375 for it. He showed us some funky thing we can do with claiming the GST (Which is all honesty I don’t completely understand yet) where he got $10681 back from the tax office.

    Profile photo of dallen_14dallen_14
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    @dallen_14
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    December 7, 2008 - 10:58 am

    Haha, Cheers Keiko, I was blown away with that. That was the 1st time I ever wrote anything on this forum and that was my 1st ever reply. So yer I was a bit worried that my brain was the size of a pea for a day. But as some say, size doesn’t matter, its how you use it. (my brain that is)

    Also Cheers Mike 888
    Telco towers, ha I never even thought of that. What a brilliant idea!
    On the way to work today I looked around and it is mostly Cody and APN Outdoor (Brisbane) so Ill give them a call and see if they have info about vacancy rates and monthly potential incomes etc (all the stats I need) and see if they can give me a bit of insight.

    Jaffa that is a clever way to probe which locations its even worth building a billboard in on the 1st place (not to mention very cheap). Nice one. Are you trying to build one now yourself are you?

    Anyway This is the type of stuff I’m looking for. If there is anymore I would love to hear it.

    Cheers
    Dave

    Profile photo of dallen_14dallen_14
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    @dallen_14
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    December 6, 2008 - 12:49 pm

    hahaha whoaa…. Holy cow, take a chill pill Scamp, just asking a question, why you Mr Kranky pants!! I never claimed to be an expert…. PS I do have a job, its in Newspaper Advertising. Anyway back to business

    Does anyone have experience with advertising billboards that will be able to give me some advice on starting out.
    Are there advertising agencies who help in finding clients for national sales campaigns?

    I figure just like newspapers advertising, I noticed that the clients brought in by nationals sales campaigns pay a lot more dough than what can be found by the local ad sales reps.

    Anyway any CONSTRUCTIVE advice would be greatly appreciated.

    Cheers
    Dave

    Profile photo of dallen_14dallen_14
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    @dallen_14
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    December 5, 2008 - 12:59 pm

    I have 2 friends who slaved away with an open mind about it, and they both threw in the towel after a couple of years.

    Pros
    However I did attend some seminars and I did feel I learnt alot by watching what they do, instead of listening to what they tell us to do. They are shining examples about how to do sales, work ethic and keeping a team positively motivated. All very useful skills!!

    Cons
    As far as signing on to their actual program, you would have to burn allot of your friends away before you get any decent cash-flow in. The Amway success stories claim they have not lost many friends, but you should hear what people say about them behind their backs……

    To me Shares, starting up your own business idea or Property seem like easier methods for achieving the Financial Freedom dream. If you look up Australia’s richest 200 you will find they did it through these methods (and a few others like entertainment), but I have never read about any of them becoming successful because of network marketing. Thats my 2 cents

    Anyway Good Luck

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