Forum Replies Created
POST NOVEMBER MEETING
Hi everyone. The November meeting was really good, especially the talks given by Petra, David, Andrew and Bryce (from Melbourne). My wife and I learnt a lot. [
][]I’d never buy a property at an auction. I think they should be outlawed. [
].Also, “cockatoo” – I hope you’re not inferring that real estate agents are “unprofessional” – are you? HA HA [
]Thanks Simon (Mortgage Hunter) for your help. Sorry I didn’t reply to your post earlier. [
]Todays market is a “sellers market” [
] not a “buyers market” . Good luck with the “starting off low” but I think that if you like the house and it adds up then – buy it. If not, wait until it’s a “buyers market” [] – which should be coming up very soon (don’t quote me on that).Yesterday I received Eurofinance’s prospectus and spent many hours last night reading the voluminous document.
Having read it, I have both some GOOD NEWS for everyone and also some BAD NEWS.
The BAD NEWS is that all those people who said that “The higher the return, the higher the risk” (and you know who you are [
]) were probably right, but the GOOD NEWS is that in the latest copy of Money Magazine there was another advert on p65, from another company, claiming that you can “earn 11.25%p.a.” so I’m going to put all my life savings into that one instead.You see how “just sitting on your bum” can make you money. I’ve made an extra 2.5% over and above the rate I would have got if I had just jumped in head first.
I’m not going to tell you the name of the company who is offering that rate – so you’ll just have to go and buy your own copy of the magazine. (NO – I don’t work for Money Magazine, or Paul Clitheroe). [
] [] []Dear Steve
I think your newly catergorized forum is very good.
I also think that Leigh K’s (TheENJOLady) idea of creating “a way of tracking your own posts” is also an excellent idea.
Regards – Johnny [
] [] []Dear SUMMO
You’re doing a great job. I hope more Adelaidians take up your offer to “catch up”. It’s long overdue.
Regards – JOHNNY [
] [] []Dear MARTINW & ECCLES – I hope you’re both not inferring that I’m a “lard-arse” and like to “remain within a certain level of comfort like accepting 8.7% return instead of 10.4%. As it is too hard for” me – just because on 03/10/2003 I put a posting in under “8.75% p.a. for Just Sitting on Your Bum” which is now under the “General Investing” forum. [
!]Well, come to think of it – I am starting to put on a bit of weight around my bum but then again – If I can sit on my bum and make some money – then so be it. [8D][8D][8D] [
][][]Thanks HOUSESITTER [
]That’s a really good site for venting your spleen on [}
]I can now keep my dirty linen (don’t want to keep bringing the subject up BUT has anyone ever heard of Whittles Strata “Managers” [}
]) away from this site and just stick to learning about property investment. []Thanks for the info – GEORGE. [
][]but also have a “black book” site where you can dob in the real estate agent who has shafted you or the property manager who has let your investments run to rack and ruin. It keeps them on their toes knowing that their name is being splashed all over a “property” website. It also serves to warn the “newbie” investor of who to look out for. It’s almost a WIN WIN situation for everyone. The shonky real estate agent can then look forward to improving his business, that for so long he had thought was going along quite well under his “professional” banner, whilst the “newbie” has the pleasure of knowing who the shonks are, before they actually become a victum themselves. THAT SOUNDS POSITIVE TO ME
[}][}][}][}][}][}][}][}][}][}][}][}][}][}][}][}]I AGREE – KEEP THIS SITE GOING IN A POSITIVE DIRECTION >>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>
[][][][][][][][][][][][](SEE MY VERY NEXT POSTING)
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. Good luck with the “starting off low” but I think that if you like the house and it adds up then – buy it. If not, wait until it’s a “buyers market” [
]) were probably right, but the GOOD NEWS is that in the latest copy of Money Magazine there was another advert on p65, from another company, claiming that you can “earn 11.25%p.a.” so I’m going to put all my life savings into that one instead.
!]
