My guess is that regional areas will take a hit as the economy slows. If we see a lower dollar and inflation over the next few years people will look to live closer to their work and area of activity. That will reduce demand for many areas and may see some move away to capture savings in living closer to their areas of most activity. I saw this…[Read more]

Doubled a few weeks back. $4k to $8k. Steve's short a few bob and needs to make up for loss making properties.

Beware of GDP figures. I don't put much store in them. It's like looking at your top line and ignoring your bottom line. The problem with GDP everywhere is they're all manipulating the bloody thing for political reasons. Joe public assumes GDP growth is a real figure and actually means something. Same BS here in Oz.

The nuclear thing is a dodgy…[Read more]

Japanese banks aren't the only ones pushing for access to investor and by default depositor funds. Pre GFC it wasn't a concern for the depositor but post GFC and now Cyprus it is. We've moved from govt guarantees to stabilise and support the banking system (prevent runs) to an all in free for all. That's a trend now everywhere (recently in NZ) and…[Read more]

And here it comes..

Japan to adopt 'bail-ins,' force bank losses on investors if needed, Nikkei says

Japan's Financial Services Agency will enact new rules that will forced failed bank losses on investors, if needed, via a mechanism known as a "bail-in," according to The Nikkei. Mitsubishi UFJ (MTU), Mizuho Financial (MFG) and Sumitomo Mitsui…[Read more]

Spikes in the odd burb tends to fool many investors in to thinking they can capture these rises if only they could predict where they'll come up next. One off lifts in a burb are almost impossible to predict with any certainty and the rise doesn't usually carry much momentum over time if it's not on a fairly broad basis. I've seen hot burbs do…[Read more]

Chemical smell from anything would trigger an emergency I would think. Pretty strict rules on the commercial use of chemicals in built up areas. More like fetilisers. Some are pretty pungent. With the tip just ask around the neighborhood. You'll soon find out how that affects the area.

I'm always surprised at how many buyers never bother to talk…[Read more]

Qlds007 wrote:
Even if you approach the Vendor after the expiry of the agency period the agent will still have the right to claim a commission as you were a willing and able buyer and approached the agent for information during the agency period.

My take on it too however where a sole listing arrangement doesn't exist the listing agency may…[Read more]

I started in the freezing works back in NZ straight out of school (1976). It was big money then. I did 4 years on lambs and then got out. Went back in 1986. The rot had set in by then. I spent another 13 years this time in pig slaughter and beef operations. The last 5 years I saw the writing on the wall and made preparations to exit at my first…[Read more]

The old girl would have a pink fit if I bought one of those.

Agree with everything you say for the most part. You're probably looking at a blend of old and new. Old for proven reliable systems and new for that sexy bit plus it adds the IP dimension to the revenue stream. I think in todays world you need to be around 80% traditional 20% new. 

Be aware that 5% ROI's may attract some Super Funds (if the…[Read more]

Funny I was looking at developing an investment fund based on that kind of model for small investors who can't access the kinds of investment markets the bigger guys get access to. The idea centered around using business structures to cross invest across multiple international markets. Something the individual would find impossible to do. It would…[Read more]

Quote:
but long term players like property investors who hedge their portfolios haven't changed their positions that much,

And how have you hedged yours?

NSW or Vic?? neither locations gets me excited and $310k is way over capitalised at a guess given the limited info. 13k for a buyers agent is only justified when they bring you the bargain of the year and this definitely doesn't appear to be it. Generally you only negatively gear where good CG exists and that's definitely not this case…[Read more]

Richard Koo provides a fairly balanced view of Abenomics in this article. The difficulties facing the Japanese govt and BOJ are immense. So far the results aren't encouraging.

Richard Koo: "Honeymoon For Abenomics Is Over"
Only 22% of people surveyed by the Nikkei felt Japan’s economy is actually recovering (27 May 2013), suggesting relatively…[Read more]

JacM wrote:
While the closure is unfortunate, it is not correct to presume the entire existence of Geelong hinges on Ford.  There are well in excess of 80,000 jobs in Geelong, and Ford is responsible for only 600 of them.  That is less than 1%.  Additionally I would imagine that many of the skills used in roles at Ford will be transferrable to…[Read more]

Soros and GS are both market manipulators big time. I'm interested to know how a market speculator like Soros endorses in any way Abenomics. Soros plays the markets as he sees them. He's very short term in many respects. Soros is there to take advantage of the big volatile moves in the market. Nothing he does help Japan economically or materially.…[Read more]

nvic wrote:
Thank you Freckle very helpful ideas. You're thoughts are similar to mine in terms of a small startup which is what this initial operation is about. To prove the Model of management. an IPO wasn't my endpoint more leaning towards a fully fledged fund that perhaps super companies might be interested in investing in. Some of the…[Read more]

Mikal wrote:
I cannot imagine what it would be like for Australia to not have any manufacturing anymore. We are such an isolated nation, surrounded by a fair bit of water. Just, what if, and its a big what if, something happened to all the relationships the Government has and all of a sudden we didn't have access to buying imports anymore. If we…[Read more]

This is what I would do. Forget all the complicated BS and stick to mainstream structures and setups.

Develop a detailed business plan and then take it to an angel or angel investor group. You'll find there are plenty of high net worth individuals around looking for sound business proposals in this climate. Your startup should initially be setup…[Read more]