To sell or to hold?

I, or should I say my family, had this exact same dillema only three weeks ago.

In the end we chose to sell.

Why?

Because we needed/wanted to spend some of the cash.

After doing the sums, I figured we could spend the amount we needed to, put the rest into our PPOR loan and still be better off by at least $10 per week due…[Read more]

I’ve said it before and I’ll say it again.

Ten years ago, “big city investors” drove the price of local properties up 50-80%.

After 18 months the boom subsided, and prices stalled.

Within 2 years, prices had dropped by 10-20%, although some people still managed to get good prices from “big city investors”.

Over the next 6 years, prices stayed…[Read more]

How come they’re always guy couples on these shows, and not lesbian?

Amazing Race has had 4 series and four gay couples, the block had a gay couple, and I know that there are others that I just can’t think of at the moment.

Dino

“If you don’t know where you are going, every road will take you there.”

Come on people!

I didn’t start this thread to make fun of “McLeods Daughters”, as fulfilling and easy as that may be.

Start another post on that topic if you want.

I want to know what TV shows really get up your nose.

I won’t be surprised one bit if the most popular choice is McLeods (’cause it really is bad), but can we at least get a…[Read more]

I can’t believe I am doing this because I hate the show, and frankly have not been impressed with the quality of talant on display. Untill last night I didn’t think any of them had much talent at all.

How on earth Cossima has got so far is just beyond me. She misses way too many notes.

Pualini is hot and cold, but did well last night. She did…[Read more]

Sorry, but the RWC has been a bit of a dud to date.

Where are the upsets (no, Samoa losing by 13 points to England is not an upset)?

Can anyone name one match where the favourite has not won?

I’d even be happy with more close matches.

Average winning margin 39.4
Average winning score 51.3

Games won by les than 10 points – 4 in 30

Australia…[Read more]

My top three shows

3. Survivor
2. The Amazing Race
1. West Wing

Also used to be any Star Trek series, but Channel 9 does sucha pitiful job of showing them, I got frustrated and gave up.

At least 7 is getting better at showing Amazing Race, though its usually several weeks behind the US, and I find out who won on the Internet.

Dino

“If you…[Read more]

I don’t know, leave work for the weekend, and when I come back I find out I’ve missed out on the BSS investment deal of the century.

Am I too late to get involved?

Have all the prime BSS’s been sold already, and how do I get started as a newbie?

Can any of the experienced BSS investors please help me out?

I also received an email telling me of…[Read more]

I started this thread because I beleive it is unfair that some people are entitled to a benifit when others aren’t simply because they chose to buy rather than rent.

That is totally different from arguments about “dole bluddgers”. I was one myself for about six months, and it gave me a new perspective.

Yes, there are people who rort the system.…[Read more]

I’ll be happy to sign.

Dino

“If you don’t know where you are going, every road will take you there.”

Do you people do ANY work during the day?

Dino

“If you don’t know where you are going, every road will take you there.”

Shirley,

I did that last weekend with “Rich Dad, Poor Dad”.

Loved it so much I’m going to go and buy a copy.

“0 to 130” isn’t in our local library yet.

I already spend as much time as I can scanning the internet. I can only do it from work though, and I actually do have to do work some time.

Melbear, thanks for the kind words, your sincerity…[Read more]

Jee,

Kind of make you wonder how we all got here in the first place before people were paid to have kids.

I don’t think people should be paid to have kids. Too many already are. The more you give peopele the more they will think it is there right to receive it.

There is also scientific concern about maximum sustainable population levels due to…[Read more]

Thanks Arty,

We actually came up with that idea after I bought the book, although the book had nothing to do with it. Ice creams for the whole family for less than one was going to cost!

I’m sorry if I came across as angry in my last post, I’m not.

I have many friends with no kids who basically spend money however they like. I used to do that…[Read more]

I’m glad to see most of you have got what I am talking about.

One thing I would like to expand on though is the issue of the $30.

Cash flow is king!

I do not have a lot of spare cash to spend.

Most of my money is tied up in my mortgage. It is currently on a no frills loan deal, and to redraw against it costs me $50, so I am not going to dip i…[Read more]

Mmmmm…..

Chocolate!

I think I’ll go and buy a Mars Bar right now.

Dino

“If you don’t know where you are going, every road will take you there.”

Just some numbers re the above.

In my area rents have increased on average 14-16% in the past three years, while the mean sales value has increased 25-30%.

If values stop increasing today, it will still take 2-3 years for rental prices to catch up.

Dino

“If you don’t know where you are going, every road will take you there.”

Mel

Re – structure, I don’t know all the ins and outs yet, but from what I hear, the trust structure seems to be the way we will go.

As for the loan, my understanding is this.

First of all I will put the money in my PPOR loan, then re-borrow it to give to the company/trust. This makes the interest on the borrowed amount from the house loan tax…[Read more]

Ok, summary of my last, very long post.

$30 dollars is a lot of cash for me to invest in a book that I may or may not get any value from.

Buying a book on investing is not the same as buying a novel. It is an investment, not only in money, but more importantly in hope. If people don’t understand the message, or it tells them something they d…[Read more]

Jim,

Sorry, didn’t mean to frustrate you. I agree with everything you have said, and I’ve read many of your posts, not just the ones here.

I am looking just from a straight maths point of view.

Fudge seemed to be suggesting that it is best to pay off the loan quickly because it saves you money. This is true.

But from my point of view, inv…[Read more]