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excellent topic. as we see in life, just like celebrities, whoever gets further ahead than the pack gets pulled down. people are scared of losing you, and too scared to keep up. it comes down to greed and fear, and what you have overcome is what you are arousing in them. no need to be upset about it, we should sympathise for these others who don’t know any better, they are obviously in some emotional pain, and there is no need for us to feel bad about doing well.[biggrin]
of course there are many ways to make money from property, but i simply want to compare the property’s growth rate to say a managed fund. i know of people who buy properties and get return of 5% p.a. for me i wouldn’t go ahead. that’s why i need something like the formula that was given to me.. only problem is that i can’t work out the formula, i put the figures in the calculator and get a completely different answer. maybe this ^ doesn’t mean multiply? what does this ^ sign mean? and if it is multiply.. then i urge you to try the equation yourself, with the figures provided[weird]
Hi F. i had a look on that wikipedia site. i found it difficult to find any property stuff tho..
also, i tried applying the figures into the formula you just showed me.
i did 2.69 multiplied by 0.066, then subtract 1 and i get – 0.82?
sorry, its been a while since i’ve been at school. and i apologise for bugging you again.
Mitchyou are a champion!! that’s exactly what i was after. thanks so much for that. is there anywhere that i can learn about equations like this (eg. a book)?
i was a little frustrated trying to work out how to get r from the intitial equation although it was already done for me! thanks heaps for that[thumbsupanim]yep. I’d be signing that piece of paper. Easiest 10k you’ll ever earn. thought maybe there’d be a contract in invisible ink? but ah.. yeah i’d do it for $10 if it wasn’t that far to drive.
how complicated we make things….
