Have you ever had that… "this could be it" …feeling.

Chinese shadow banking defaults are coming…

China's First Default Is Coming: Here's What To Expect

engelorumora wrote:
haha Granps lollol

I want you to be a board member of my company one day its big enough and listed?

Thanks mate

My son said that to me the other day. Wants me to partner him in a net based retail operation out of Thailand. I said no but happy to help him out and point him in the right direction. I'm looking for the quiet…

jmsrachel wrote:
So what does happen to manufacturing in China then? (In plain English please)

It does what it's doing now….imploding. Over capacity and over production. While it may be cheaper to do some things in other countries that's still a minute fraction of Chinese production. The one edge the US has is energy costs (30% of Chinese).…[Read more]

jayhinrichs wrote:
Freckle,

what blackstone is doing is a departure from buying SFR's by the thousands then packaging up the lease payments to sell as securities.

this is a different traunch for them this is true third party lending on their part.. they are lending funds that they raise through funds on wall st.. then create mortage backed…[Read more]

I luved the bit right at the end when he's in Auckland to give a sales spiel to the masses who all think they're the next legend in sales….

He asks, "sell me this pen". Not one of them has a clue and the camera pans across the room and you can see it's another bunch of suckers being mugged while thinking they're on the road to success.

Reminds…[Read more]

engelorumora wrote:

Leo is fricken awesome.

Probably the best I've ever seen him… legend.

engelorumora wrote:
China going belly up and all manufacturing jobs to return to the USA?

Thanks

Aggh Grasshopper… still much to learn.

Jeez China is starting to get downright scary to say the least..

The $23 Trillion Credit Bubble In China Is Starting To Collapse – What Next?

one of the reasons I moved back to NZ was;

the economy was improving

it's still mainly a food (agricultural) based economy and demand is growing regardless of economic factors

it's small (4+ million)…[Read more]

The latest update on hot Chinese money indicates as much as a staggering $4 trillion has left China since 2000. if you think it's all parked in a Caribbean bank vault you're delusional….

China's Epic Offshore Wealth Revealed: How Chinese Oligarchs Quietly Parked Up To $4 Trillion In The Caribbean

Ask the agents.. we rented in Sydney that way. Agents marketed and did all the paper week for a letting fee and then handed over management to the owner. Worked well for us.

They may want more than the going rate for this service but ask around.

I  hear ya!

God's sake don't tell Nigel. He's still still pumping Brissy central… undervalued was his opinion if I remember correctly.

The bust has been here for a while but most don't realise it. A bust is part of a process that takes time. When a car hits the wall when was the crash? At impact or was is somewhere back in the past that the…[Read more]

Beware… Richard and Jamie may be busy but that is more than likely due to successful businesses rather than what the market is doing.

Key point of that article and I'm no fan of industry MSM hype..

“… ANZ expects that Australia will experience below-trend growth over the next 12-18 months.”

There are storm clouds brewing on the horizon so…[Read more]

jayhinrichs wrote:

Now here is the other question why do you think blackstone is going into the debt side of this when they just bought 200k homes in the US… Well because being the bank in the long run makes more money than owning the asset.. And a heck of a lot easier.. these guys are sharp and know which side of the RE equation they should…[Read more]

You might want to look at Dereks model and have a chat to him. I wouldn't put all my eggs in one basket but it allows you to spread your risk by investing in his model as well as others or your own.

Derek
New Perth JV project coming – high profits & rent returns http://bit.ly/15h2HQF
W: http://www.eosproperty.com.au E: derek@eosproperty.com.au T: 1300…

kong71286 wrote:
, and if you can get 10-20 properties that's $450-900 of passive income per week! Cheers, David

It will be anything but passive.

You're making the common mistake of looking at this from an investor perspective. You have to look at this from a businiess angle and model it accordingly. IE develop a business plan and see where…[Read more]

The kind of graph you don't want to see. When the insiders start shedding their stocks and options you kinda get the feeling things aren't quite as good as the MSM would have us believe..

Meanwhile BoA is readying for the next round of Chinese defaults..

Bank of America Is Actively Preparing For The Chinese January 31 Trust Default

Personally…[Read more]

Your priorities are arse about face. You're looking at location then growth. You would be better served putting location at the bottom of your priority list. You go where the best growth is expected full stop not restrict yourself to just a few locations and try and pic the best. You go where ever your search takes you. When you find growth…[Read more]

jmsrachel wrote:
I can't see self serve check out lasting. It makes shoplifting so easy it's not funny.

It's still in its early stages Joe. Theft is a problem regardless of check out system. Product tagging will advance this system and make theft even more difficult. These labels are all RFID (radio frequency identification)

The average…[Read more]

engelorumora wrote:
hahaha "Grasshopper" lollol

Ill start calling you Granps then lollol

Thanks mate

I think the correct term is 'master'…

jmsrachel wrote:
My first thought was this thing has put many people out of work.

Yep. We take for granted a lot of the things that are being automated. When grocery stores started with self serve check outs it was a fiasco as people grappled with the complexity of working the touch screens and methods employed to prevent theft. That was over…[Read more]