Forum Replies Created
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 be able to do that.
Kind regards
Jet Dollars
[Retire Young, Retire Rich] [strum]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 NicabateCQ Lozenge 2mg lolly and Nicorette Step 2 10mg/16hours patch to help me. The problem is I alway forgot to use it in the morning and feel the urge to smoke.Good luck G7 and I am sure you and I will bit the craving one day.
We will celebrate once we succeed.
Quiting is quite hard, but I am sure I can do it in the near future.
Wish me luck.
Kind regards
Jet Dollars
[Retire Young, Retire Rich] [strum]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 study:
http://www.asx.com.au/markets/l4/CoveredCallProjectResults_AM4.shtm and I can see the different between normal investing and writing covered calls.If the options is exercise and you want to buy that share/s back then you will lose money for that money because the different is quite a lot in long term.
Thanks guys and I will continue to do more study into it.
Kind regards
Jet Dollars
[Retire Young, Retire Rich] [strum]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
JetBlueKind regards
Jet Dollars
[Retire Young, Retire Rich] [strum]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]Thank you Daniel and Redwing, much appreciated.
Kind regards
Chan Dollars
[Retire Young, Retire Rich] [strum]Also:
7. Perfect Parenting by Elizabeth Pantley
8. Your baby on a budget by Mimi CleggKind 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 you will know what to do with your money either into shares or property (there are no right or wrong here).
Kind regards
Chan Dollars
[Retire Young, Retire Rich] [strum]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, Retire Rich] [strum]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 Dollars
[Retire Young, Retire Rich] [strum]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 video and so for. that way I can review the information any time I want.
Researching and learning the way to go. Open up for new opportunity and at the same time be sceptical is also ok.
Kind regards
Chan Dollars
[Retire Young, Retire Rich] [strum]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 folded back then.
I know that covered calls will generate income if the shares go up, side way, or go down just a little bit. But if the shares heading south very fast within a month then you will lose a lot of money.
Wayne, I agreed with what you are saying and I also checked out your website a couple weeks ago. It’s great.
Thank you one again.
PS. I can’t replied to you guys as fast as before because can’t access from work.
Kind regards
Chan Dollars
[Retire Young, Retire Rich] [strum]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 you lose everythings.
Which day did you go on the tour back in January? I went on 17 & 18 of January. Maybe you were sitting next to me…lol…
Kind regards
Chan Dollars
[Retire Young, Retire Rich] [strum]Yes same go with me. I prepare excel spreadsheet for each property ie. income and expenses with receipt clip to it.
I also prepare investment related spreadsheet for any deduction that not belonging to any of the properties ie. magazine, books….etc.
Kind regards
Chan Dollars
[Retire Young, Retire Rich] [strum]
