I wouldn't get too concerned Keiko. 90% of investors follow your advice. 80% eventually do their doe often within the first few years. 

The power of positive thinking is a wonderful thing. Unfortunately it rarely changes financial outcomes. The value of negative sentiment is understanding when it will adversely affect you and getting out of the…[Read more]

 Ballarat is one of those in between towns while Bendigo is more of a regional hub. The difference is subtle but enough to make a difference.

lrkaussie wrote:
i cant see the link for subscribe. please help

I don't think the US focus group is as focused as it used to be.  

As Scotty says upload to a storage location like photo bucket etc. Once you have it uploaded go and view the image in the stored location. You can then right click on the image and "Copy  Image URL" . Come back to your comment box here and click the image icon. Paste the URL in the entry box, click in the "width"  box and a preview image should…[Read more]

Crowded market. I wish I had a dollar for every new beaut disruptive model that was going to revolutionise RE sales and marketing. Seems like there's a new one every other week. Good luck.

vsixtyfour wrote:
Hmm some re-evaluation is probably needed

You're what I call the tail enders. The players that come along at the top of a boom and who for the most part are trying to get some action before the opportunity disappears. Tail enders tend to lack patience because they fear missing out. Unfortunately that engenders the wrong…[Read more]

pagey_1 wrote:
. I thought about investing here but the boom has gone.

We're just starting to settle into the correction phase now. Rents have come back and prices are just starting to ease as sellers realise that the good times aren't coming back anytime soon. It will take another 18 months I'm guessing before we hit bottom. By then most…[Read more]

China's in trouble now.Overnight repo rate at 25% insane and their bond market is in trouble. AUD could take a hit if they don't get it sorted quick smart. I get the distinct impression the wheels are very close to falling off this baby.

moxi10 wrote:
Crikeys ,vsixtyfour, I hope you're not about to supply more rental accomadation there! Too much competition already!

Resource towns…. where money goes to die.

JT7 wrote:
Is it all an illusion…

You might find this presentation from Bass interesting. 

Kyle Bass: "The Next 18 Months Will Redefine Economic Orthodoxy For The West" (3May2013)

I share his opinions especially when it comes to reality and the BS that are markets today.

The FED is the most significant force affecting the AUD at this stage. Certainly more so than economic fundamentals. Bond markets are jittery and interest rates are up and that's just with the FED talking about tapering. I think any attempt by the FED to reduce QE will see rates rise which would stop dead what little anemic growth exists in the US…[Read more]

Qlds007 wrote:
Agree with Terry.

What i often get is at the end of the coffee meet is "could you email me a list of lenders who will do that or some more detailed information on buying in my SMSF so i can pass it onto my regular Broker / Financial Planner as they didnt believe it can be done". 

Cheers

Yours in Finance

With those I say…[Read more]

Brazil's the kind of market that can go bust in a heart beat. The property markets have been running red hot since 08 and credit went crazy over that time fueling the property market. The Olympics is also adding fuel to the fire at the moment. I remember the same kind of thing in Sydney around 2000.

They have big problems economically that are…[Read more]

Quote:
.I truly envy the amount of free time you seem to have on your hands.

Probably only worked 6 months in the last 2 years and only 1 month in the last year… can get a bit boring at times.

I laughed when I read Stiglitz's essay. I suppose you can make any economy look good if you ignore the mountain of debt hiding in the back room.…[Read more]

Get your PM to send pics. We might be able to help you better if we can see what's going on. 

If you where just going to remove tiles to repair a truss or rafters I'm mystified why you'd need tilers for. It's hardly rocket science. If they had to recap a ridge then 1 tiler for half a day at most. 

3 days to do a repair. A roofing gang could roof a whole house in that time. 

If you have clay tiles then you're unlikely to need to reroof.…[Read more]

Detroit might end up being an interesting case study. If they're able to default on their debt and get somewhere closer to a manageable debt load it could present an opportunity in the future. They still need a lot of restructuring especially unions and and burden of pension schemes etc. If they can get back to a clean sheet with a half descent…[Read more]

Lived in Umina for a year back in 2000. It has it's ups and downs. Talk of a fast ferry got everyone excited there for a while but that died a slow death. Sydney's always going to grow so you have to look at where the population push is happening. Around 2000 it was the Central Coast with the F3 upgrade. Then the Blue mountains got popular with…[Read more]

Terryw wrote:
I have seen that trend in my work. All the time people ring me up and want to buy me a $3.50 cup of tea so they can extract $500 worth of free advice from me!!

ROFL.. come on me ol' son. You know you're giving away $500 of advice for didly so you can maybe sell ém that $3k service.

I see HSBC just dropped their 2yr to 4.59, 3yr at 4.79 and 5yr at 5.09. interesting. Just when you thought they couldn't go lower.