Kriscot

I think i’ve found your answer

its been there all the time…….

we’ve just been looking in the wrong place…….

NOW, who’s the “Greatest Treasurer this Country has EVER HAD”

right

The Hon Peter Costello …..member for Higgins….you lucky people….

and there it is …..in the ….

wait for it….

THE BUDGET 2005

the…[Read more]

Sorry cameron
just a cynic…let me explain

last weekends financial review “investor page”

there’s Marina Bakic….
buys a franchise from mortgage choice, and gets it up and running almost straight away….wow..this girls got go
and whats her experience….NON
let me quote….”i had no background in finance at all”
and…”it’ll take another 6…[Read more]

Hi DD
i totally agree with your analysis…property is a great investment tool.
i know, i have used it very successfully.
but in hindsight, i could have done a lot better.
owning our own business and managing our own SMSF, we invested heavily into property post 92 (last recession).
we have just sold 1 property in the portfilio of properties, a…[Read more]

thank redwing
90% of my investments are in property
but am questioning my wisedom with some of them
thats why the spreedsheets.
doesn’t take long to see how other investments can be more profitable.

at the end of the day
its how much money you have sitting there….not debt…..that provides a happy retirement

Now terry

we’ll all being positive here

lets not talk about that nasty word “serviceablity”

hi michael
just reading your post again
“you’ve bought 4 properties in the last 6 months in melbourne”
gutsy stuff
Did you do you figures?

where you expecting the market to pick up quickly?

i only ask because that probably wouldn’t have been my strategy…..

why?

well 4 properties at melb median price (360k) = 1.44m
10% down..minus buying…[Read more]

good call michael

stick with property…….
just reading the latest “hottest suburbs for 2006” in the sun over the weekend, there’s been some amazing growths….just in the last 12 months….
for example Glen Iris up 9.1%…in 12 months….72.9% in 5 years…wow

so what does that equate to in money terms.
Median house in Glen Iris 2000…[Read more]

thats right mike
64 computers left on overnight, connected ,via adsl, to this page….

will steve and co please turn off their computers…..

and if it isn’t them, would you guys that are up at 3.00am in the morning please contribute ………

some people?

well done redwing
at this rate, by xmas you should have 12mil?

and DLPP….how do you work out that its time to buy in NSW?
after all, wasn’t it the PM who has decided “who will come into this country and get a pay rise?”
No pay rise
No afford house

unless your a CEO ($65,000/wk) or a property investor (like redwing), the rest of us are only…[Read more]

hi wrogers17206

what a great ad for Terry

but since he organised all your loans through ASB bank,
why would you go through him?

is the coffee that good?

wouldn’t you be better off going direct to ASB , and just asking for the same deal minus the .8% he gets as commision?????

just trying to save money

hi wylie
you know how i said CBA where 43.98….
well today there 44.47…
thats an extra $20,253….in 1 day

whatever you do don’t tell my wife…..
afterall it was her super money i invested
if she finds out she could have retired on 1.5m i’m in the doghouse….

hi 3056
anything has moved since 2003….pretty static
here’s the last 5 years of growth from the REIV web site
you’ll have hours of amusement checking out all the suburbs

http://propertydata.reiv.com.au/trendchart/

pity it carn’t predict the next 5 years?????

hi crownofgold
it might pay to read “The Residential tenancies Act” of your local state.
you will probably find a clause similar to :
Damage and repairs
123A Meaning of emergency repairs
Emergency repairs are works needed to repair any of the
following—
(a) a burst water service;
(b) a blocked or broken lavatory system;
(c) a serious roof leak…[Read more]

you must be looking at the wrong chart

http://asx.com.au/asx/research/ChartsSearchAndResults.jsp?postback=true&asxCode=bhp&compare=index&indices=XJO&compareCode=&TimeFrame=M10&chart.x=48&chart.y=18

whats it general trend over 10 years????

there you go rewing

all to do with timing

why buy when its negative?

well the markets definitely heading south in melbourne, according to the numbers in sunday paper

melb metro Median 2004 /370k..2005 /360k
if you bought a year ago and sold told you would have lost 26k

had you bought BHP shares for same period you would have made $185k……

If you bought 5 years ago Median 251k
sold today, (no maintance costs)…[Read more]

looks like everyone’s migrated over to somersoft
same regulars over there
like the pictures as well

Hi jimmc
a recording studio?????
now thats creative, not many of those around….
does it make a good return??

Hi Wylie
Im with you
wasn’t very successful with shares
hold over 90% of my investment portfolio in property….
but have just recently sold a penthouse in noosa heads, i was wondering if the 13 years investment could have done better.

well lets see

bought all up 310k, sold 13 years later $825K in hand, add some income of about $6k a year
total…[Read more]

Wylie….”do you know a good financial advisor in brisbane?”

Diversification…..thats the name of the game

everyone that bought post 1992 is a winner, property has had a great growth cycle….but according the the guru’s at KPMG the next growth cycle is not till 2018…long time to wait.