Forum Replies Created
- Originally posted by bennido:
Hmm … the Force behaves in mysterious ways …
I am with you.
May the force be with you!
Kind regards
Jet Dollars
“Ask and you will receive. Seek and you will find; knock, and it will be opened to you.”LOL. I haven’t read joke for while. Eventhough it’s not friday, I still enjoyed it….LOL
Kind regards
Jet Dollars
“Ask and you will receive. Seek and you will find; knock, and it will be opened to you.”Redwing,
I agreed with you. Investing in property alone will provide you with equity, but you got to sell to realise the profit. But if you include share trading/investing into your strategy it will enable you to generate income and spend it for the rest of your life.
Kind regards
Jet Dollars
“Ask and you will receive. Seek and you will find; knock, and it will be opened to you.”Originally posted by kay henry:Distressed sale, Chan? [wreck]
kay henry
That’s correct, the property actually value at around $95k.
Kind regards
Jet Dollars
Retire Young, Retire Rich . . . REALLY? . . . I didn’t know that!NSW Property still available:
Purchase price $74,000
Capital growth rate 6%?
Year 10 value $170000? who know?
per week $160
Condition: The property is a 2 bedroom strata titled unit on the 3rd floor of a complex of 19 units. Construction is double brick and cement with aluminium roof. Internal size of the unit is 50sqm. The property is approximately 30 yrs old. The unit is furnished with Air conditioner, jug, toaster, microwave, cutlery, plates and cooking utensils, beds, TV, table, chairs. All of this is in fair condition. The unit has a pleasant outlook and faces west with views across the park and the district. The property sold 4 years ago for $75,000.Location: The unit is located within a major northern NSW town with shire population of 29,026 people. 50km to the beach, the area has experienced strong capital growth. The town offers all amenities which are all within a couple of kilometres. Public transport is at the door and train station nearby. The property is located on the main street of the town near the CBD.
Tenant: The property is not currently tenanted as the bank foreclosed on the unit and kicked the tenants out. However the property has a very strong rental history with minimal vacancy rates. 1 week vacancy factor will suffice. The unit will rent for $160 p/w.
So 11secs still OK. This shown property are still around if you still want to invest in property…Kind regards
Jet Dollars
Retire Young, Retire Rich . . . REALLY? . . . I didn’t know that!Kay is correct!
1. WHATS A RECTANGLE WITH WHEELS ?
2. How do you get rid of varnish ?
3. What has four eyes and a mouth ?
4. What can you make that can’t be seen ?
5. Have you heard about the joke about the wall ?
6. What is yellow and goes click click ?
7. What is a mermaid ?
8. What kind of cans are there in Mexico ?
9. Where does Tarzan buy his clothes ?
10. What lives in a pod and is a kung fu expert ?
11. What is big hairy and can fly ?
King Kongcorde !Kind regards
Jet Dollars
Retire Young, Retire Rich . . . REALLY? . . . I didn’t know that!I agreed with Derek, it’s base on individual prefer in their investment situation. I believe property will provide equity in long term which can be use for other investment vehicles such as the sharemarket, business or just continue investing in property if they prefer. There are so many opportunity for people in this country to invest in whichever area they like.
Good luck with your investment arena….
Take Care
Kind regards
Jet Dollars
Retire Young, Retire Rich . . . REALLY? . . . I didn’t know that!Mini,
I am sorry to say that it take too long to read your posted and I gave up halfway, no 1/4 of the posted.
Share will crash tomorrow or should I say sideway trench?
Share? Yes or NO onlyProperty………..?……….still thinking? Love it or hate it? Yes or NO only.
Kind regards
Jet Dollars
Retire Young, Retire Rich . . . REALLY? . . . I didn’t know that!For me if I have to save 10% to 20% for deposit then I will never can buy one property. Eventhough I don’t have any equity or property in the first place, I actually use my parent’s property (equity) to purchase my first investment property. Which meant I have to borrow more than 100% of the purchase price to kick start my investment.
I then continue using the increase equity to purchase the next one and so for.
It you are comfortable with what you are doing then don’t force it.
Kind regards
Jet Dollars
Retire Young, Retire Rich . . . REALLY? . . . I didn’t know that!LifeX,
I don’t know what to say, you said it all. Should I replied to myself as well?….LOL.
Take Care.
Kind regards
Jet Dollars
Retire Young, Retire Rich . . . REALLY? . . . I didn’t know that!Originally posted by MiniMogul:It’s an addictive combination of online gaming and gambling that takes over people’s lives and makes them have shiny glazed eyes with dollar signs in them…I know people that got consumed by shares, to the point of all day, every day.
So exactly like gamblers and online gamers….
feel free to argue away
joy to the worldMini,
Sorry I can’t write that long, but comparing share trading to gambling is cowpoo.I love property as well that’s why I am here, but I also love the excitement of share trading that is why I am at http://www.aussiestockforums.com
Take care and look after your property as much as I do.
MAN, I love this topic…
Kind regards
Jet Dollars
Retire Young, Retire Rich . . . REALLY? . . . I didn’t know that!Originally posted by RodC:Westan’s right, it is certainly possible to lose >50% overnight on shares. Obviously if you have suitable risk and money management techniques then this one event won’t wipe you out. But many traders still got it wrong during the tech boom/crash.
You got to remember property can also wipe you out overnight if you don’t know what you are doing with property investing and that go the same to shares…no question about that. If you don’t buy building insurance and it burn down what will you do?
Kind regards
Jet Dollars
Retire Young, Retire Rich . . . REALLY? . . . I didn’t know that!YACK – Virgin blue down -14.22% today, that’ll make you a win argument…happy now.
SIS really like shares, but SIS already invested in property….enough equity to play around with shares.
If you ask SIS to start over again, will SIS start with shares? only SIS can answer.
ACEDUCEY, I believe also invest in property as well as shares.
Maybe only YACK like only property because don’t like the roller coaster….only YACK can answer
Kind regards
Jet Dollars
Retire Young, Retire Rich . . . REALLY? . . . I didn’t know that!Originally posted by yack:Ok – lets say someone comes to you and says – I have limited time, energy, capacity etc. I want to retire wealthy with an asset base of $1m.
Am I better off devoting my attention to property or shares?
There is no doubt in my mind that Property is the way to go.
Fare enough YACK, but if the same person come up to the experience trader, do you think that person will say PROPERTY?…you know the answer.
YACK….let that person go and ask Peter Spann, what do you think Peter will say? I am pretty sure he will said start off with Property then drawdown the equity to invest or trade in the shares market to generate income.
Property can not generate income as fas as shares.
I am glad that you build equity of $500k, but say in 1997 you bought a property suddenly you run into trouble where you need money instantly, can you sale property overnight?
I would to point out that your $500k is not pure cash, after all the cost of selling, tax and other you propably got around $300K and yes it is a good investment. But with $500K in equity you can drawdown and invest/trade in shares to generate income….don’t ask me have I done it because I am in the process of doing it.
I invested in property and now willing to take up new opportunity which is the share market and I am not asking you to do the same think, but to see other point of view.
It is nice to have a different opinion because it’s become more creative in a way.
Kind regards
Jet Dollars
Retire Young, Retire Rich . . . REALLY? . . . I didn’t know that!A lot of Little PropertyGuru is coming as I type….LOL
Kind regards
Jet Dollars
Retire Young, Retire Rich . . . REALLY? . . . I didn’t know that!I read this topic with interest.
Property Vs Shares
Property Vs Shares&Property
Positive Gearing Vs Negative Gearing
B&H Vs B&STechnical Analysis Vs Fundamental Analysis
Traders Vs InvestorsWhat else?
Kind regards
Jet Dollars
Retire Young, Retire Rich . . . REALLY? . . . I didn’t know that!He does not tell me as well, but I found out…LOL
Kind regards
Jet Dollars
Retire Young, Retire Rich . . . REALLY? . . . I didn’t know that!I love Peter Spann’s strategies. 4 years ago I went to his 4 hours intro seminar cost me $48. I found it quite interesting so I term up with 3 other guys bought his home study video package for $1500 ($350 each person). Back then I know nothing about property investing.
Through watching his homestudy video I bought my first investment property 3 months after. Now that property double in price ($200k capital growth).
I alway take Peter Spann as my indirect mentor. I believe his a very honest man.
Kind regards
Jet Dollars
Retire Young, Retire Rich . . . REALLY? . . . I didn’t know that!His newly wed need to turn 18 first…..lol….lol…roflmao
Kind regards
Jet Dollars
Retire Young, Retire Rich . . . REALLY? . . . I didn’t know that!Originally posted by kay henry:SIG as in the somersoft meeting, Chan?
Ahhh- welcome back, PG *poke*
kay henry
No…SIG as Syndey Investors Group that I organise for monthly meeting currently held at Ashfield RSL Club.
Kind regards
Jet Dollars
Retire Young, Retire Rich . . . REALLY? . . . I didn’t know that!
