Forum Replies Created

Viewing 20 posts - 261 through 280 (of 1,141 total)
  • Profile photo of foundationfoundation
    Member
    @foundation
    Join Date: 2005
    Post Count: 1,153

    Yes yes, physical laws etcetera, empirical observations etcetera.

    Can you just clarify for me whether the 'law of attraction' is about ‘like attracting like’ or ‘opposites attracting’? Because I have some interesting physical laws (laws of physics specifically) based on empirical observations I'd like to share with you, specifically relating to which kind of attraction occurs most commonly in the natural world.

    Additionally, you may wish to ponder from your previous post about ‘closed systems’ whether the total ‘abundance’ in the world is finite or infinite. If it is finite, yet some people can attract it simply by thinking positively about it, would that not imply that somebody else somewhere in the world loses an equal and opposite amount of ‘abundance’? That would surely mean that the 'loser' had been thinking the wrong way about abundance, which raises a philosophical difficulty.

    If the 'winner' can only 'win' at the expense of the 'loser'
    and
    The 'loser' can only 'lose' by thinking negatively
    and
    The 'winner' can 'win' at will by positive thinking
    then
    The 'winner' is controlling the 'loser' – ie forcing him/her to think negatively!

    It follows that the 'winner' must question the morality of taking advantage of 'the law of abundance'…

    Your most humble servant, F. [cowboy2]

    PS – did the $2,000 I thought about sending you arrive yet?
    PPS – I know you’re busy, what with all the teaching, preaching and thinking about abundance, but could you please find it in your heart to spend a few minutes thinking positively about my post from April 17, 2007 – 4:11pm. It still has that spelling error, and the sooner you can fix it the better I’ll feel.

    Profile photo of foundationfoundation
    Member
    @foundation
    Join Date: 2005
    Post Count: 1,153
    millions wrote:
    Return on investment isn't very good right now. If rents increase dramatically it will bring investors back.

    How dramatically would they have to rise? 2.5% is pretty normal in Perth right now, so if rents triple while house prices languish, you'd have 7.5% yield. Problem is, around 50% of renters are currently paying >30% of their income in rent. Even doubling rents over a short period of time would be impossible.

    Profile photo of foundationfoundation
    Member
    @foundation
    Join Date: 2005
    Post Count: 1,153
    mortgageadvisor wrote:

    We have a free loan that gives you 20% of the property value. It will free the LVR to 70%. No insurance. Saves you $500 per month. The product is exclusively ours and is attached to our lender. The lender will not allow any banks to attach to theirs.

    What the heck is this supposed to mean? Surely you're not speaking of the shared equity loan Richard was touting here a while back? If so, you'd better go practice your spiel, and be very careful not to mislead people in the future. What am I talking about? Learn how your product works then check your maths. And logistics.

    Cheers, F. [cowboy2]

    Profile photo of foundationfoundation
    Member
    @foundation
    Join Date: 2005
    Post Count: 1,153

    The new forum is hopeless.

    The active topics list is completely broken.
    The advanced search is near useless (can't even search by member).

    I can't be bothered clicking through each forum/subforum looking for new posts or ones I've contributed to, so I simply don't. I don't think I'm alone. I'd love to know where everybody is leaving for. I hope it's not somersoft, as I've repeatedly registered there but never had a single post show up (censorship?). Anybody know?

    F. [cowboy2]

    Profile photo of foundationfoundation
    Member
    @foundation
    Join Date: 2005
    Post Count: 1,153

    How much capital gains tax will you be up for?

    Profile photo of foundationfoundation
    Member
    @foundation
    Join Date: 2005
    Post Count: 1,153

    Ps – did you get my $2,000 yet? I visualised my ass off last night…

    Profile photo of foundationfoundation
    Member
    @foundation
    Join Date: 2005
    Post Count: 1,153
    rejoice wrote:
    The only thing that can grow is the thing you give energy to.

    Well my damn lawn keeps growing. I will stop giving energy to it so that I no longer need to mow it. Thanks for the tip, oh wise and abundant sensei.

    Your affectionate disciple,
    F. [cowboy2]-

    Profile photo of foundationfoundation
    Member
    @foundation
    Join Date: 2005
    Post Count: 1,153

    Ah bugger.

    I've thinked the truth-think thingy for fricking ages, but can't make it work. Maybe I don't have the power.

    My dearest guru the most devout and holiest 'Rejoice', I implore you to think the way you want to think (ie to think truth regardless of appearances) using this natural and inherent power to think what you want to think, thus changing the very nature of the world (which is clearly in 'false-think' mode now – witness my mispelled name, but with your power of truth-think, can become truly resolved).

    Can you demonstrate this by changing my spelling error*?

    Regards, your follower holding one thong in the air,
    F. [cowboy2]

    * Hey – no moderator funny business Mr Macks! Come on, I know you were thinking it…

    Profile photo of foundationfoundation
    Member
    @foundation
    Join Date: 2005
    Post Count: 1,153

    Ah, bum. I wrote my name wrong. However, I'm going to spend the next 20 minutes thinking and feeling the lack of spelling mistakes in my last post.

    You'll see the wonders of my effort shortly.

    Be prepared to be amazed.

    F.

    Profile photo of foundationfoundation
    Member
    @foundation
    Join Date: 2005
    Post Count: 1,153
    rejoice wrote:
    judgment is weakness.

    I judge you to be a complete and utter lunatic, consistently breaching forum rules against advertising, and failing to be anywhere near the required topical range of 'General Property'. How weak am I?

    Do you still need me to send that $2000 cheque, or have you done enough "sustained and consecutive thought" to avoid the need?

    In abundance,
    Your faithful follower,
    Foudation, [cowboy2]

    Profile photo of foundationfoundation
    Member
    @foundation
    Join Date: 2005
    Post Count: 1,153

    "can I claim the full amount of this loan regardless of what the funds are used for as this is the balance of the loan when I move out"

    No. The ATO would be all over you before you knew it.

    Profile photo of foundationfoundation
    Member
    @foundation
    Join Date: 2005
    Post Count: 1,153

    GlenR, there are two possibilities:
    – the 11 second rule was once useful but is now broken and will never again work.
    – the 11 second rule always works, but the houses you're looking at are overvalued.

    My vote is for the second, but I understand that many others disagree.

    Cheers, F. [cowboy2]

    Profile photo of foundationfoundation
    Member
    @foundation
    Join Date: 2005
    Post Count: 1,153
    rejoice wrote:
    1. Begin to pay attention to what you're THINKING.
    2.You enternalize those thoughts and you create a FEELING. Make sure you're feeling good about everything you do.
    3. Those Feelings are expressed in ACTION. Pay attention to your actions. Do everything aswell as you can possibly do.
    4. RESULTS. Pay attention to your results. And understand this, you are in control of your results.

    5. And… oh yes, give me $2,000!

    Seriously, if the only thing I need to do to gain abundance is to visualise abundance, why would I (or anybody else) ever need to pay you $2,000? And why would you ever need anybody to give you $2,000, given you could just visualise it and recieve it instead?

    Admit it, it's all just a sucker-scam. Only suckers would read the book or watch the movie without thinking "oh what a load of @#$%!". Lucky for you and your masters, if they're sucker enough to fall for the message, they'll be sucker enough to fall for the $2,000 ask. Of course, none of this will be reaching you since the very structure of the pyramid scheme means that you (assuming you're not the apex player) are every bit as much a sucker… as a leach!

    All the best, F. [cowboy2]

    Profile photo of foundationfoundation
    Member
    @foundation
    Join Date: 2005
    Post Count: 1,153
    Yossarian wrote:
    one cave dweller convinced another to trade his nice warm mammoth skin for a magic stick that would attract good looking cave-chicks.

    a) Where can I get one?
    b) How much?
    c) If I believe in it it will work, right? The power of positive thinking? Therefore, it cannot be a scam and I cannot lose! Here, take my bearskin boots too.

    Incidentally, anybody who doesn't believe it's a pyramid scam/scheme, should take a long hard look at the following picture from their website:
    How a pyramid scheme works
    http://thesgrprogram.com/marketing/images/affmodel1.jpg

    Peter Birkenhead does a great job in shredding "the secret" from a philosophical and psychological perspective here:
    http://www.salon.com/mwt/feature/2007/03/05/the_secret/

    Anybody who reads this and is still "a true believer" is well beyond help.

    F. [cowboy2]

    Profile photo of foundationfoundation
    Member
    @foundation
    Join Date: 2005
    Post Count: 1,153
    L.A Aussie wrote:
    I thought it was just me that was being harsh, and thinking the whole thing is a scam.

    It has that "Amway" or "born again" feel about it I believe.

    That is exactly what it is! And that is exactly why 'rejoice' is here, 'sharing' (spruiking) 'the secret'.

    Check out the rubbish link. It is her/his personal 'affiliate site'. Rejoice will sell you 'the secret' for $2000. What you get is a kit (what they call "Premium SGR Affiliate tools (a $3,000 value) that you can choose to use to build a new source of income by sharing the Science of Getting Rich Program.") that allows you to build the exact same website to sell 'the secret' to others for $2000.

    It's Multi Level Marketting (MLM) in it's lowest form. It works exactly the same as any other pyramid scheme.

    Why has this thread not at the very least been moved into the off-topic section? Or closed down?

    F. [cowboy2]

    Profile photo of foundationfoundation
    Member
    @foundation
    Join Date: 2005
    Post Count: 1,153
    LindaClaridge wrote:
    If I'm wrong please correct me but I've always wondered why interest is never taken into account?

    Linda

    Of course you're not wrong! You're just experiencing 'common sense' rationalism, and believe me, it ain't that common these days! This is exactly why I always tell first-time buyers:

    Quote:
    It looks like you’re stretching to buy the most expensive property you can relative to your income. Why? Do you realise that over the long term it will almost certainly be more financially rewarding to buy a slightly cheaper place and pay it off in half the time?

    Let’s analyse that more closely. Say you can afford $500pw repayments.

    You can:

    a) repay a $300,000 loan @ 7.8% over 30 years, 100% financing
    b) repay a $230,000 loan @ 7.8% over 15 years, 100% financing

    For the same payments you can own outright a $230,000 house in 15 years or you can be still owing over $200,000 on a $300,000 house.

    Even if house prices rise 60% over that time, you’d have a fully-owned $368,000 asset instead of $280,000 equity in a $480,000 house.

    Please consider NOT over-stretching to buy real-estate.

    Cheers, F. [cowboy2]

    Profile photo of foundationfoundation
    Member
    @foundation
    Join Date: 2005
    Post Count: 1,153
    ao wrote:
    so someone would argue that rather than having made $100K ($350K-$250K) you've actually lost $50K. does this make sense at all? i'm a little confused…

    That's quite correct in theory. In practise you won't have 'lost' $50,000 but you will have lost $50,000 of purchasing power. Booming house prices are only good for investors and downsizers. They are bad for people who own only one house and for those who as yet own none.

    Another analogy. People often speak of 'getting on the housing ladder'. During a boom, the rungs become further apart. During a correction (real or nominal), the rungs become closer. So if you were to purchase a cheap 'bottom rung' house in the hope that booming prices give you a leg-up to the next rung, you'd be disappointed to find that the boom had left you further from that second rung, not closer!

    The opposite is also true. If you own just one house and hope to move to a more expensive house, the very best thing would be for house prices to crash! If say, your $200k house (with a $50k mortgage) dropped 50% to $100k, a $400k house would now be ~$200k. You could now move to the new house with a $150k mortgage rather than a $250k mortgage! You might feel you've lost $100k on the value of your house, but you've actually gained $100k in purchasing power!

    Cheers, F. [cowboy2]

    Profile photo of foundationfoundation
    Member
    @foundation
    Join Date: 2005
    Post Count: 1,153
    stu_macca wrote:
    Thanks. So it would be prudent to model using inflation?

    Yes. Wage inflation specifically. If landlords collectively moved to raise rents in excess of wages over a number of years, they'd soon have empty properties while potential tenants became homeless. Clearly this would not work for either group. Therefore, rents will rise in line with wages over any significant term. ABS statistics confirm this relationship.

    Cheers, F. [cowboy2]

    Profile photo of foundationfoundation
    Member
    @foundation
    Join Date: 2005
    Post Count: 1,153
    Quote:
    It will be of benefit to those struggling to enter the property market as its boosts their buying power by up to 25 per cent and that means higher capital gains than they would otherwise have.

    What nonsense!

    They get 25% more capital gain, but in return they promise to give 40% of all their capital gain to the 'equity partner'!

    Without the equity loan, they get $0.01 in capital gain from every $1.00 purchased (with $1.00 outlayed) for every 1% growth in the property price.
    With the equity loan they get $0.0075 in capital gain from every $1.25 purchased (with $1.00 outlayed) for every 1% growth in the property price.

    Am I missing something here?

    F. [cowboy2]

    Profile photo of foundationfoundation
    Member
    @foundation
    Join Date: 2005
    Post Count: 1,153

    I think it's rubbish. The Active Topics used to work so well before with the options "Last 6 hours, last 12 hours, yesterday, last 3 days" etc. Now it's completely useless! Any chance that "Show all posts since:" option could be reinstated?

    And when I click on a topic it seems to always take me to page one. Not very efficient.

    The active topics list doesn't show the name of the latest poster.

    Apart from all that, it's perfect! :-P

    Cheers, F. [cowboy2]

Viewing 20 posts - 261 through 280 (of 1,141 total)