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  • Profile photo of molothmoloth
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    @moloth
    Join Date: 2012
    Post Count: 3

    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 look:

    http://www.wheregroup.com.au/blog/nras-are-you-kidding/

    Profile photo of molothmoloth
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    @moloth
    Join Date: 2012
    Post Count: 3

    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 face value of $3000. http://en.wikipedia.org/wiki/Australian_Gold_Nugget

    Profile photo of molothmoloth
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    @moloth
    Join Date: 2012
    Post Count: 3

    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   $31,500

    Now we take our principal back

    Real 10 Year Return:  ( $31,500 – $15,000) = $16,500

    Cash Per Year (Divide 10 Years)   $1,650

    Return p.a  ($1,650 / $15,000) = 11%

    You are hoping the ATM company doesn't go belly up for 10 years for a 11% return.

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