matrung replied to the topic taxi plates? in the forum No Subject 17 years, 10 months ago
My father and I own a taxi license here in brisbane. The capital growth has been very steady and the leases are generally for 2 years with a constant stream of drivers ready to take over if needed. We purchased in a year ago for 350,000 now they are averaging around about 390,000 from what I understand.
steady growth + steady income = solid…[Read more]
matrung replied to the topic Australia’s Money Secrets of the Rich in the forum Opinionated! 17 years, 11 months ago
Yes .. there are plenty of mutual/managed funds in australia that will make 12+ percent easily … the average australian property fund should have a net return of approximately 15%+ or more based on the last 10 years or so. at many will allow you to start with a $1000 investment.
I recommend joining investsmart.com.au or comsec.com.au they will…[Read more]