Just watched some Hans Jakobi DVDs a few nights ago, and I remember the accountants talking about something along the lines of asking your employer to make payments for your home loan on your behalf (fringe benefit?), which will then lower your taxable income. Maybe someone can elaborate on this? I also recall other members in this forums mention…[Read more]
http://www.bmgbullion.com/document/790 Macro Trends in the US: Ageing Population (Baby Boomers Retiring)OutsourcingPeak Oil Consequences of these Trends: lower GDPsystemic unemploymentlower tax revenuesincreased money supplymore government debtrising inflationdeclining currency valuehigher gold prices
Apologies for the inconvenience emptyvessel.A lot of the information was new to me, and being a new investor I am quite emotional I just had the urge of sharing the video and warning others as soon as I saw it. I know a lot of friends and family have rushed to buy properties under the belief that property prices always go up, without taking into…[Read more]
I agree that Today Tonight can be biased at times, but thought I'd share the link anyway as it relates to this topic and a lot of the discussions that have taken place in this threadIssue of affordability and how some buyers have been speculating only to end up with negative equity Impact Carbon tax and any interest hikes could have on the…[Read more]
As with all investments, it is recommended that you conduct your own research (rather than blindly following the advice of others), in order to be able to make an informed decision based on your own personal circumstancesSome resources I would recommend to gain a fundamental understanding of investing in Gold and Silver are: Guide to Investing in…[Read more]
The next major upleg for precious metals is likely to commence within the next 2 months, and this time it could be quite explosive and take many by surprise. I'd encourage all prudent investors to do some research and to consider investing in precious metals such as Silver while they are still undervalued.
Spandex,Members in this forum have been more than willing to give you advice about your idea of negative gearing, but it appears that you have made up your mind about this issue.If your goal is to reduce your taxes then 'negative gearing' will achieve this goal, but whether or not this will translate to worthwhile capital growth over time will…[Read more]
Your short term and long term goals is something you need to think for yourself, and you can then try to formulate a strategy to achieve those goals, possibly with the help of a financial planner that has your vested interest at heart. As many members in this forums mentioned, properties are only a medium to create wealth, and tax benefits…[Read more]
Personally I'm not too fond of the idea of negative gearing, and losing money, but I suppose it could work if you do your due diligence before buying the property and the growth of the property offsets the losses you incur for holding onto the property. Ultimately it depends on your goals and what time frame you are looking at.
G'day Paul,I think you pretty much answered the question yourself.The main difference between Steve McKnight's nationally recognized accredited course and other courses, is that it involves assessments, with the ultimate goal of producing 'competent investors'. From memory I believe there are 65 modules to cover over a 12-18month period.Personally…[Read more]
When I become a multi millionaire, I will strive to help all those around me to succeed as well, and will look into ways to create a better future for the world i.e. by investing my time and money in the next generation to come after mine
Thanks for your post MattNZ,Your insights are always valued, and something in my guts tells me that when you speak I should listen to you regardless of how gloomy the news is. I have undertaken a brief analysis of Gladstone's economy and property market and things looks quite promising, especially with the commodities boom that will continue…[Read more]
Thanks for the advice Marie,Been quite busy lately with working 6-7 days a week, and just wanted to get my accommodation here in Ballarat sorted first. One of my flatmates recently moved out to head off to Rockhampton to start a business and invest in properties there, so we needed to renegotiate the lease, pay the bond, refurnish the house, and…[Read more]
No worries Matt. Glad you enjoyed the video. I believe everyone should have a basic understanding of our monetary system/ fractional reserve banking and about the importance of investing in gold and silver as a hedge against inflation, even if its only 5-10% of one's portfolio.
Hi Tony, I've entered Amanda's details in my form, but here are some links to some of the threads other members have posted with regards to conference tickets for…[Read more]