moloth replied to the topic NRAS and Motion Property in the forum General Property 11 years, 10 months ago
I've been looking at NRAS properties and someone mentioned you could build and then register it for NRAS. I don't know how feasible this is or if it even really possible for a small investor.
For an alternate point of view on the negative for NRAS the following blog (especially the heated comments) is worth a…[Read more]
moloth replied to the topic Best place to invest cash? in the forum Creative Investing 11 years, 12 months ago
I remember reading some of Lance Spicers stuff and he said that collectible coins with real gold or silver or platinum content was always a good way to transfer cash while holding their value. Also Negotiable Bonds.
As for transferring currency without hitting the $10,000 reporting limit the Australian nugget available in 1kg coins only has a…[Read more]
moloth replied to the topic Own Your Own ATM Machine. in the forum Creative Investing 11 years, 12 months ago
The 20% return is bogus as this is a depreciating asset. Normally with a bank deposit the principal is returned to you after the term is expired. So lets do the sums:
ATM Purchase Price: $15,000
Annual Return 20%: $3,000
Income for 10 Years: $30,000
ATM Sale Price 10%: $1,500
Total Income $31,500Now we take our principal back
Real 10…[Read more]