Tax losses. From ATO…

Individuals, both those in business (sole traders and partners) and those not in business, can generally carry forward a tax loss indefinitely, but must utilise a tax loss at the first opportunity. Individuals may have to treat losses from non-business activities (such as investments) and business activities separately.

Interesting. I suspect the hotspotters and industry commentators actually facilitate growth in these 'left behind suburbs' simply because the primary drivers of suburb resurgence are investors following popularised opinion. This offers investors a way to look at and analyse such burbs given there are many precedents. For example you would only…[Read more]

BigCubez wrote:
I've read that Redcliffe is tipped as a strong growth area over the coming years. Especially if your home is close to the water. I believe it is seen as an undervalued suburb at present.

Reference???

QLD has a rising unemployment rate (6.2%) and is only topped by TAS at 7%. QLD is loosing jobs at the rate of 65/day. The Qld…[Read more]

Nadeem Walayat (The Market Oracle) published this rather comprehensive article on the US housing market which I found quite interesting although I don't all together believe he has it nailed.

US House Prices Forecast Conclusion – As you read this, the embryonic nominal bull market of 2012 is morphing into a real terms bull market of 2013, with…[Read more]

Nigel Kibel wrote:

However do not be afraid to get rid of a non performing asset. You have to look at the opportunity cost,

Ditto.

Entry + Hold + Exit + Hold for 4 more years. My guess is you're looking around the $100k mark. Now work out at what rate a property would have to appreciate at to get you to break even. In a best case…[Read more]

mattsta wrote:
Won't it be a little bit crowdy? I, for instance, do not like to live too close to another house,

It's now the norm Matty. Here in Mandurah WA all the new subdivision like to build houses almost on top of each other. I rent a 5yr old 4//2/2. If I stick my tongue out the window I can lick the boundary fence. 

Claustrophobic to…[Read more]

Dubstep wrote:

Hi Freckle,

Jamie has admitted he's been smuggling her in for ages !

Wot my mom!!!

I need my space.

look I have standards alright!

brendogs wrote:
In all seriousness, wilko1 thank you for that post it was probably the first one that has actually made me think of a few different options.

One of the great challenges when you start out is not only the many and varied options you can develop but what is most often lacking is how to evaluate risk and match appropriate risk to…[Read more]

wilko1 wrote:
Well to maximize his chances of winning the big one freckle he should put $50,000 on the lottery and then he's just increased his chances of winning by 1000  

That's improved the odds to 0.1111111111111111% Boy now you're talking!

wilko1 wrote:

So what would you do? Some might say that's risky and you should save up the costs for the subdivision.
But in 2 years after you've saved up that money. How many opportunities would you have missed. Food for thought mate

Wilko

I often think that when I walk past the Lotto store. But then I say to myself well there's 100%…[Read more]

Gazza21 wrote:
Down 3.8% in 2011 and 0.4% in 2012, does that mean the downward trend is slowing?

Who knows Gazza. Nigel may be right but picking bottoms is notoriously difficult. I could buy his theory if their were some sound macro economic fundamentals to support his proposition but virtually everywhere you look you see economic contraction…[Read more]

Nigel Kibel wrote:
The Freckle

I do not agree with you. I believe most of the evidence shows that most markets across Australia have now bottomed. The great thing about being an investor is that you are not tied into any local market. As an example I believe that the Brisbane market is currently undervalued and there are still great…[Read more]

Dwolfe wrote:
Having said that I disagree with having 200k in ur hand in 5 years as inflation will mean that the money you have now will be worth less in 5 years than it is now.

JacM wrote:
Agreed DWolfe, $200k in 5 years from now will not buy what it can buy today.  Let's say that today a chocolate bar costs one dollar.  You can buy two…[Read more]

That's alright. 2000 years ago in Rome a child wasn't considered to be alive (legally) until the father accepted it. If a father rejected a newborn it was literally thrown on the scrap heap. If he came back from military service and had not seen a somewhat grown child technically he could kill it without retribution.

When I got married (30 odd…[Read more]

A theory developed by Nassim Taleb to explain:

The disproportionate role of high-profile, hard-to-predict, and rare events that are beyond the realm of normal expectations in history, science, finance, and technology

The non-computability of the probability of the consequential rare events using scientific methods (owing to the very nature of…[Read more]

When Terry Ryder starts waffling about a great year 2013 will be you know we're doomed.

Economically it's bush fire season and the fire rating is extreme. All it'll take is one spark and look out if turns into a Black Swan event.

Not really. I don't read the Kouk. Not enough economic brains to butter a cracker.