Forum Replies Created
My two favorite comments that i have ever see are here lol
1) joe – I love what you said take the banks down with you lol
2) dark night – harvey dent was known as two face, so you are right about tursting…..
Any investment has its own risk, there will be times when prices go up, remain stable and the same.
If property goes down 30% the only real time you are at risk in loosing money is by selling the property in a bad market, if the market crashed by 30% I wil be buying a few properies….
Will it happen – who knows
will it not happen – who knows
just handle the best outcome and reduce your risk….
Jpcashflow | JP Financial Group
http://www.jpfinancialgroup.com.au
Email Me | Phone MeYour first port of call in finance :)
Hi Peterin,
The likes of Jamie, mark and Richard have been active members on this site for years – they dont need to throw mud at competitors they are just sharing their vewis, I just realised that you have only joined on this site today?
Jpcashflow | JP Financial Group
http://www.jpfinancialgroup.com.au
Email Me | Phone MeYour first port of call in finance :)
Great one catalyst, people wonder why there is so much red tape, because dummies lol want dummies trust
Jpcashflow | JP Financial Group
http://www.jpfinancialgroup.com.au
Email Me | Phone MeYour first port of call in finance :)
People are starting to "be to creative"…
your trust will require initial "setup" not cheap, you will also have ASIC cost, lodge a return on the trust "etc"
as you are living in the house the house will become your ppor….
Like terry said income tax would apply to the trust but my question is what income will the trust be producing?
Jpcashflow | JP Financial Group
http://www.jpfinancialgroup.com.au
Email Me | Phone MeYour first port of call in finance :)
Why not borrow funds from oz?
Jpcashflow | JP Financial Group
http://www.jpfinancialgroup.com.au
Email Me | Phone MeYour first port of call in finance :)
No issue at all…
Jpcashflow | JP Financial Group
http://www.jpfinancialgroup.com.au
Email Me | Phone MeYour first port of call in finance :)
Thank you both for confirming this..,
jacqui you still investing in the Geelong area?
There is a bot of scope down there, I'm heading to Geelong twice this week.
ps has any one got a excel spreadsheet that they use to calculate cost vs incom?
cheere
Jpcashflow | JP Financial Group
http://www.jpfinancialgroup.com.au
Email Me | Phone MeYour first port of call in finance :)
HAHHA so much red tape in Australia its not even funny any more.
Jpcashflow | JP Financial Group
http://www.jpfinancialgroup.com.au
Email Me | Phone MeYour first port of call in finance :)
Hi Joey,
Why is your ip paid off and not your ppor? Really good question!!!
1) I bought this house when i was 20, and I paid it off within a few years… The rent just paid it off.
2) Because i went into business for my first time, I needed a safety net, I have seen so many people who have lost their homes because they have put all of their eggs in the one basket, This house was set up in another entity…
3) My current PPOR – I originally had not intentions of living their but i have fell in love with the area and the home it self.
Frekcle: Thanks your help and ideas as well when i was re building the business, really appreciated it mate.. And i was glad to provide free shipping advice to you too lol.
Jpcashflow | JP Financial Group
http://www.jpfinancialgroup.com.au
Email Me | Phone MeYour first port of call in finance :)
Hi , like others have mentioned you got guys like Richard and Jamie who are real inspirations. There always there with an honest advice.
We live in good times and with resources at the touch of your feet anything is possible.
As for me I like working and wouldn't want to retire and I am blessed to doing what I love.
surround your self with good people and things will go well.
Jpcashflow | JP Financial Group
http://www.jpfinancialgroup.com.au
Email Me | Phone MeYour first port of call in finance :)
Hi benny
i am lucky enough to have a bit of shares under my belt and at 29 I have learnt allot. I wouldn't mind doing a mixture I like to keep an open mind. I'm heading to the USA in April to do a few things there too.
joe business was doing rreally when an that's whn your business is worth the most
small business is getting tougher every year and I honestly think a waste of time.i will be giving Jamie a call on Tuesday lol
Jpcashflow | JP Financial Group
http://www.jpfinancialgroup.com.au
Email Me | Phone MeYour first port of call in finance :)
Hi,
please pm me your details, I have a great contact there who can help.
ps I'm going to USA in April.
One question who did you buy the property tgrough
Jpcashflow | JP Financial Group
http://www.jpfinancialgroup.com.au
Email Me | Phone MeYour first port of call in finance :)
Why woud I buy a Holden?
just bought a c200 0% finance and guaranteed trade in value
Forward thinking companies!!
Jpcashflow | JP Financial Group
http://www.jpfinancialgroup.com.au
Email Me | Phone MeYour first port of call in finance :)
Hi jacm
cotton have been there for years, they are on of my clients…
Also majority of there staff, don't live in Geelong.
With Holden closing down, other companies will follow, especially companies who may do work with Holden.
To say the least job losses vs job creation are know where near aligned, job losses are still overtaking job creation
Jpcashflow | JP Financial Group
http://www.jpfinancialgroup.com.au
Email Me | Phone MeYour first port of call in finance :)
Hi, great topic to start with.
If any one says that the current job losses won't have a impact, then they must be experiencing a bit of Pychosis.
There are plenty of companies closing or reducing head count.
How will this effect any investment veichale : capital growth will be limited in most states
but I think there is going to be allot of good opportunities:
1) interest rates will remain the same or reduce even further
2) more opportunities to negotiate
3) also bring allot of people back down to earth
4) innovation: I really hope with these tough times that we all reinvent our selves, Aussie Bussiness are struggling but we have major oppurtunites to change
Jpcashflow | JP Financial Group
http://www.jpfinancialgroup.com.au
Email Me | Phone MeYour first port of call in finance :)
Hi RC388,
Steve's book information is honestly out dated, sure there are some good hints and advice but the way of doing business has changed.
Firstly you have to ask your self who are you trying to protect your self from by having a "trust".
The best way to get the right advice is to contact some one like Terry on this forum. He is the master on this section….
I always say speak to the right people to get the right information….
Plus why are you looking at getting into the property market at the moment.
Jpcashflow | JP Financial Group
http://www.jpfinancialgroup.com.au
Email Me | Phone MeYour first port of call in finance :)
Hi Joe,
With my shares, I have two accounts:
1) Long term capital growth shares: Which provide dividends x 2 per year
2) Short term shares, I purchase shares that fluctuate with the market
Difference between Casino and Shares, if i go to the Casino I cant minimize my risk, because once its land on the opposite color im stuffed.
With shares just like any other investment vehicle allot of research and due dillgence is required.
Jpcashflow | JP Financial Group
http://www.jpfinancialgroup.com.au
Email Me | Phone MeYour first port of call in finance :)
Looking forward to see how the stock markets react today, I bought a whole heap of shares at 4:15 PM on the ASX. At 4:15 allot of the shares where down 2.15% to 3.00% to previous trade day.
Will provide feed back in a few hours
Jpcashflow | JP Financial Group
http://www.jpfinancialgroup.com.au
Email Me | Phone MeYour first port of call in finance :)
I think every industry goes through this, people want free advice so they can try and do it them selves just to save a couple of bucks.
What is funny thought as soon as they try and do it them selves they either loose more money and create further problems.
That $500.00 saving now cost them tens of thousands of dollars in the long run.
Jpcashflow | JP Financial Group
http://www.jpfinancialgroup.com.au
Email Me | Phone MeYour first port of call in finance :)
Hi Stevie,
Thanks for the reply, it great to see you are doing allot of research and reading.
Some people will agree and some will disagree with the following comment, For the last 15 to 20 years the property market went gang busters and investment growth was compounding at a crazy rate.
Some may say that the market has slowed down but in fact the market has some what decreased to normal levels.
So if you plan effectively there is no reason why you cant reach your goal and believe it not more wealth is generated in falling markets.
When people paint a doom and gloom picture I see it as an oppurunity to increase my wealth.
Jpcashflow | JP Financial Group
http://www.jpfinancialgroup.com.au
Email Me | Phone MeYour first port of call in finance :)
small business is getting tougher every year and I honestly think a waste of time.
