Rick sta wrote:
Freckle if you're not already a part of silverstackers, you should be.

It's part of an overall strategy. PM's are useful as a store of value but little else. PM's are your seed capital to start again when a recovery is in progress. Up to that point toothbrushes and toilet paper have more value. Ask the Venezuelans.

jmsrachel wrote:
Hey Freckle answer this for me.
If the collapse should occur who would be worse off between you and I?

You would have to define worse off.

Quote:

Let’s say I have a handful of IP’s all within 20km to the CBD and approx $1m in debt.

Let’s say you own no property, currently rent, and live week to week comfortably.

I would…[Read more]

jmsrachel wrote:
Freckle when the collapse happens next year you won't have nothing to talk about any more! I guess I'll see you on the sinking ship, I hope you can swim.

I found an Island

I could talk about the economic positives and upside opportunity but I'd be lying through my teeth.

cbarry wrote:
Hi Freckle,

I was under the impression a mortgage broker only looks after getting finance for you. My broker said she isn't there to offer me financial advice! I thought they were separate?

She's the 2 bob variety.

If a broker doesn't understand property investing how can they advise on the product and the way to set it up to…[Read more]

THE END OF THE LINE

Maybe 2015 will be the year of the collapse.

Our entire economy runs on debt creations, vis-a-vis financialization, since we import $500 billion a year more than we export.

2015 is the year when increasing debt results in ZERO GDP growth. The end of the line. But that won’t stop the Federal Reserve and the criminals in…[Read more]

THE END OF THE LINE

Maybe 2015 will be the year of the collapse.

Our entire economy runs on debt creations, vis-a-vis financialization, since we import $500 billion a year more than we export.

2015 is the year when increasing debt results in ZERO GDP growth. The end of the line. But that won’t stop the Federal Reserve and the criminals in…[Read more]

You have to remember what GDP there is is largely underpinned by debt. The US now spends(QE) $1 to get a $0.10 GDP lift. It used to be 1:1. We are nearing the end of CB's ability to contain this thing. Confidence in CB's is slowly ebbing. At some point it goes critical. When that happens it will be a scramble for the exits.

[image no longer…[Read more]

You have to remember what GDP there is is largely underpinned by debt. The US now spends(QE) $1 to get a $0.10 GDP lift. It used to be 1:1. We are nearing the end of CB's ability to contain this thing. Confidence in CB's is slowly ebbing. At some point it goes critical. When that happens it will be a scramble for the exits.

The AU market is…[Read more]

You need legal advice.

My first action would be to band together and engage a brief to at least advise you of your options. Until then you're spitting into the wind.

Latest Q3 figures don't bode well.

Japanese Q3 Growth Tumbles As Abenomics Cracks Following Slide In Consumption And Exports

Bucket loads of QE and a half gutted currency aren't moving this economy in the right direction.

When you're in a race to the bottom all you get is a pile up.

"Frustrated" Liquidity Addicts Demand Moar From BOJ As Nikkei…[Read more]

Sensitive bits aside for a moment.

Labor reform is a buggered if you do buggered if you don't problem. Japan has one of the most inefficient labor markets in the world. About 144th I believe. While improving labor markets will enable business to be more competitive it will invariably send unemployment through the roof. I certainly have no faith…[Read more]

There's a site search box at top right. Put in 'defense'… theres' 3000 threads on the subject.

cbarry wrote:
my broker told me to stop over analysing everything and just simply buy something.

Get another broker. That one isn't worth 2 bob.

A good broker does more than just get you the finance. They help you understand and analyse the deal. They should also help you refine your investing strategy that enables you to be properly…[Read more]

Two things you absolutely need to do before you jump.

You need to develop an investors mind set. Your not buying fast red cars, fashion label clothing or cuddly puppies. Your buying little boxes on blocks of dirt that people want to pay you to live in.

You also need to have, at the very least, a basic understanding of the game and its rules.

At…[Read more]

The modern floor covering layout today tends to favor carpet in bedrooms and cinema rooms (better sound), ceramic tile in kitchens, laundries and bathrooms. Hallways, dining room and family rooms are generally timber floors.

A combo of the three breaks up the aesthetic texture while serving a functional purpose. You can exchange timber for cork…[Read more]

My first preference for bedrooms is carpet then wood followed closely by cork. Ceramic tiles never.

For kitchens I’d almost always go sealed ceramic tiles.

Perils of buying OTP. The agents are not likely to have all the information.

Check your contract and know it backwards.

+10 Jac's… I despair when I see newbies with these negatively geared hold and hope strategies. Even worse when their horizons only extend out past a few suburbs because that is the limit of their comfort zone.

Cannon fodder for the market.

Polished concrete has been around for the best part of 30 years. The secrete to good polished floors is setting it all up prior to pouring. Trying to stain and polish old floors is a dog in my book. Your basically stuck with the original grain and a stain is usually some poxy color.

If I had a choice between polished concrete and cork I'd always…[Read more]