On 06th of May 2004 I set a new goal for myself to generate passive income to offset my -ve gearing property. From the set date to end of August this year I will spend time learning and seeking new strategy. I hope by then I be able to use my new acquire skill or strategy and implement it.

My retirement goal is 2020, but I would like to do it…[Read more]

I do number 12 at home when my wife back from work…scare the hell out of her.

Kind regards

Jet Dollars
[Retire Young, Retire Rich] [strum]

COKE is my favourite drink and I don’t swap any drink for it.

Talking about COKE…going to get one now….

Kind regards

Jet Dollars
[Retire Young, Retire Rich] [strum]

Kay,

What will happen if suddenly you are sick and not able to work? Where can you get the money from?

I think most of us here would want to work any time and any where they want. If they want to go to beach they can choose to either go by car or other way to get there. This is the power of investing.

By just working for someone else you won’t…[Read more]

shocked the hell out of me.

Kind regards

Jet Dollars
[Retire Young, Retire Rich] [strum]

I also try to quite smoking for many months now, but I am not successful yet. I quit for a few weeks then start again. This process keep going and I hope one day I will quit for good. My target date to stop smoking for good is 17 June 2004 which is my daughter 2nd years birthday. I hope I can do it this time.

G7,
Let do it together. I am using…[Read more]

wayne & Scott,

After doing quite a lot of researches and learning I feel the same as what you guys said.

Writing Covered Calls seem stop you from potential gain if the shares market is heading north and will lose a lot of money of the shares market heading south.

ASX run a Covered call portfolio…[Read more]

Redwing,

JetDollars is my favourite name. It meant a lot to me.

Jet – My favourite movie star Jet Lee (He is very fast with his hand and leg)
Dollars – Wealth Creation I suppose.

The two combine – Wealth Creation Strategy in a very fast speed.

My Other favourite that I use very often:
ChanDollars
JetSpeed
JetBlue

Kind regards

Jet…[Read more]

Wallflower,

If you wrote a covered BHP call and BHP took a dive, how can you be exercised? The buyer of your option will expired worthless.

?

Kind regards

Jet Dollars
[Retire Young, Retire Rich] [strum]

Also:

7. Perfect Parenting by Elizabeth Pantley
8. Your baby on a budget by Mimi Clegg

Kind regards

Chan Dollars
[Retire Young, Retire Rich] [strum]

Originally posted by stephenbuchanan:
Does anyone out there think that this is a good time to commence investing or should I hang onto my money and put it into shares

Different people will have difference ideas in regarding investing, but what important is you got to have a clear goal of what you want to do.

Therefore, if you have clear goal…[Read more]

1. The Art of Trading by Chris Tate
2. Picking Winners by Bill Harper
3. Trading on the Australian Stock Market by Clifton Thornton
4. Top Stocks 2004 by Martin Roth
5. Huntleys’ ShareHolder top 500 by AspectHuntley
6. Shares Magazine (June 2004 issues)

I found they are great books/magazine excepted 2.

Kind regards

Chan Dollars
[Retire Young,…[Read more]

Originally posted by madhun:
Just out of curiosity how does he difine a “Millionaire”?
If it’s just a million in assetts, i can teach you that, and i’ll do it for considerably less money too.

I think most gurus define “Millionaire” as equivalent to greater or equal to one million of equity (property, shares, business…..).

Kind regards

Chan…[Read more]

Redwing,

I think in 3 months time I will go for ADSL by TPG. It’s quite cheap ($50 per month) with unlimited usage and download.

Kind regards

Chan Dollars
[Retire Young, Retire Rich] [strum]

I was really addicted to this site until my company blocked the site….sad….

Kind regards

Chan Dollars
[Retire Young, Retire Rich] [strum]

I could not figure it out the whole morning and give up, but promised myself to post it here when I got home. To my suprised Matt already done it.

Kind regards

Chan Dollars
[Retire Young, Retire Rich] [strum]

Daniel,

What other information does he teach in the package beside property?

Kind regards

Chan Dollars
[Retire Young, Retire Rich] [strum]

I think Robert G. Allen got a wealth of knowledges. I am sure he teach what he know best and at the same time making money. That’s life.

I also went to his introductory on 18/05/04, but I don’t think I will spent $4000 just to go to his course because I believe if I go to his seminar I don’t think I can take everything in. I rather buy home study…[Read more]

Dear All,

Thank you very much for sharing your experiences and knowledges.

Covered Calls is the strategy that Peter Spann used and I am exploring and learning all the possible options in the share market where I am not so familiar with.

I traded and invested in shares before during the dotcom boom, but that’s not count because I went in blind…[Read more]

James,

There was about 14 pages discussed about VO before:
https://www.propertyinvesting.com/forum/topic/6635/1.html?sortfield=&sortorder=&SearchTerms=Ollis,

and

https://www.propertyinvesting.com/forum/topic/9080.html?SearchTerms=Ollis,

Best advice I can give you is get a good solicitor and get out of the contract as quick as possible before…[Read more]