Originally posted by aussiexj:
I am a newbie and after reading this forum topic I quickly took my post off incase it was stupid. I hope Kiyosali doesn’t join, because under the newby rules he would be there for at least 50 posts. Don’t need his input. Sometimes even the newest newbie has a new and innovative take on an old and boring view or…[Read more]

The actual article…

http://theage.com.au/news/Business/Sydney-becomes-our-sickest-city/2005/05/15/1116095851908.html

Magellan,

Great post and great point!

In some companies, their internet policy explicitly prohibits posting on forums or receiving internet email. Fortunately, my company does not have this strict a policy and so long as I can get my job done I’m free to frequent the forums in between tasks.

But a very good point…

Cheers,
Michael.

Rob,

Not nice. [biggrin]

In my opinion the idea of a newbie area still hold merit, just conceded that other newbies might be put off by it. We’ll never know as it won’t be implemented. Just trying to get creative to keep the forum on the improve.

How’s that for a pike with a double twist? [biggrin]

Cheers,
Michael.

Simon,

I didn’t know you were a moderator over here. Good form!!

Particularly liked the content of your last post this thread too. It can be very “daunting” as a newbie, and when you see venomous posts it certainly deters you from posting your thoughts IMHO.

I can see how a newbie board might come across the wrong way too in retrospect. Just…[Read more]

Phil,

Not a bad idea at all to split out a “Getting Started” forum board. You could even make it such that new members can only post in this sandpit board until they reach 50 posts or some such. They can still read all the other technical stuff but only post in the other boards when they’re off their L-Plates.

I’m sure the mods won’t go for…[Read more]

Ausprop,

You need to spread your investments across multiple asset classes to mitigate the risk of any one category stalling. Even if property stalls, you can still make 5% dividend and 5% CG on shares YOY. Steve Navra’s income focussed share fund is a trading fund and makes its money on volatility not on the trend. He makes money even when…[Read more]

Each to their own,

I’m with Richmond completely on this one. I spend a lot more time on Somersoft now and have never had one of my posts pulled or even had any one attack any of them either. I’ve had people question my conclusions, but isn’t that what forums are supposed to engender?

I’d much rather have a well constructed meaningful dialogue…[Read more]

Originally posted by MichaelYardney:
OK so back to living off equity….

You’can’t do this until you reach stage 2 – the capital stage of your investment career.

Imagine you have $3million dollars in properties and $2million in loans.

That leaves you with $1million in net equity.

You borrow $100,000 against this equity to live off. You…[Read more]

Ibuycashflow,

Agree with all your thoughts on the 4 P’s.

Of course, if you want just quirky in the name then good old “Whykickamoocau” and the others are always a good fall back.

Cheers,
Michael.

Ajax,

That’s the first rule of marketing isn’t it: STP (Segment, Target and Position). And you position using the 4 P’s of the marketing mix, i.e. product, price, promotion and placement.

In this case the segment is obviously the backpacker set which is youth with fun on their mind. To target this group you position the product to them with…[Read more]

Michael,

I subscribe to your newsletter and I think you actually have quite a lot of good information to share and do so willingly and with little vested interest. I do, however, see how some people might think that education costing $3500 for 3 days could be overpriced. And, for these people, it is! (if you know what I mean). Even for me, at…[Read more]

Originally posted by Damo:
I want to quit my job…help!Damo,

What you need to do is get a blank piece of paper, write “I quit” on it and then sign and date it and hand it to your boss. That aughta do it I reckon! Gee, and all that other advice so far and noone addressed the actual question! [biggrin]

But seriously, I’m with the posters that…[Read more]

…which is precisely why I’ve moved over to the dark side and don’t spend as much time here any more. Its not the attacks and counter attacks themselves that bother me per se, its just having to mentally filter out these posts (which can make up half of a thread) that is just too much hard work.

At least over on SS, most of the posts stay on…[Read more]

Ajax,

I here ya!

And although I was mostly trying to be a little witty and clever, I think the concept still has actual merit!!

Backpackers are pitched at a young liberal demographic. You know, the kind of people that also go on Contiki Tours for all the “obvious” benefits of these…

So, to throw a bit of a quirky sexy conotation in to the…[Read more]

Cashflow,

Following on with the nervous sheep angle, how about:

Fukafurryfella backpackers. [biggrin]

Aren’t the mud baths in Rotorua called Wuckawurrawurra (and pronounced fuka-furra-furra in Maori)…

For marketing, I’m picturing a cartoon picture of a farmer in gumboots smoking a cigar leaning on the fence of a sheep pen with a lot of…[Read more]

mja,

To be honest we haven’t had it valued yet as its our PPOR. I do intend to do this soon though so I can lock in an LOC on a good valuation before prices drop too far through 06/07.

The land cost me $272K and the house was around $350K, so all up it was around $620K. I know that its currently worth around the $700K to $750K mark…[Read more]

Resi,

I still bounce back here every now and again, but have now pretty much gone over to the “dark side”, you know the site that cannot be named….

Its a lot more live and the investing strategy is more closely aligned to my own.

Maybe others also come in here via a search engine, find out about alternative forums then drift away to…[Read more]

mja,

Or you could do what I did and build a pole house?

My block is a 1500m2 block of subtropical rainforest with a 30 degree slope. We opted for a pole house with bearers and joists with weathertex cladding. You gotta watch the costs though as the house component ended up costing us around $350K. But we did build a gucci house with all the…[Read more]

Originally posted by resiwealth:
Hi Mike and thank you,

I just got back from the whitsundays you should have come and seen what’s happening at Laguna. I am planning a hill side sub division next door will let you know later.

Regards Phil

Phil,

Look forward to it… Would have dropped in when sailing up there except had a tight schedule and…[Read more]