Well (in aussie’s words) being a product of an elitist education, I can honestly say, I don’t mind either way. Although, my children have always been given the option to choose for themselves where they wanted to go!!!

I have friends who went on to become lawyers, doctors and politicians, and who unlike me, weren’t forced into going to a…[Read more]

Malachii,

Just because something is “guaranteed” doesn’t mean it doesn’t have risks associated with it; granted it may not be a risk of monetary loss, rather it could encompass more emotionally driven stressors (thus risking one’s health).

Making 1K every 10 days is a tremendously huge claim, and sustaining such long term targets is near…[Read more]

Perhaps one of the most beneficial pieces of advice was given to me as a child, by a well known business tycoon (and family friend) who said

“Wealth does not come from making a dollar, it comes from spending it wisely”!!!

God Bless Him; he was soooooo right!!! He taught me heaps!!!

Jo

Hi Jayhayley,

What exactly do you want to know about CGT???

It does not apply to the sale of your PPOR.

It is calculated at the full 100% rate if you sell a property (which has generated income, ie. rent) which you have owned for less than 12 months, after which time, this will be reduced to 50%

You can turn your PPOR into an investment…[Read more]

It can be done, even guaranteed, but the real question is not HOW, but rather, at WHAT RISK LEVEL???

Remember, a fool and his/her money will soon part ways if they gamble on chance!!!

Jo

Hey Trish,

I say, times are a changin’ [blush2] errr….hang on; that’s already been said, oops….they’ve changed!!!

Whether we like it or not, in order to lead a more fulfilling life, I believe we need to move with progress and try to eliminate narrow-minded ad antiquated (mis)conceptions thereby defining our world as it was 10, 20, 30, 100…[Read more]

Yes Geo, that’s a good question. My guess it is attributed to the exclusive “mentor” program. It might be worth asking, how long has the site been running??? The date at the bottom of the page indicates 2000, but doesn’t say when it was last updated; hence it may have been a pre-MAPPERS initiative.

For those who want to check it out, the…[Read more]

Originally posted by arborphile:
I still have a quite a bit of saving to do so I have no choice but to spend time researching.

Hey Arborphile,

Investing is not just about buying and selling, it is also about researching, for without this, all you are doing is gambling. Due diligence can never be underestimated, and if that is all you can…[Read more]

Hey Richmond,

I have seen 4 cycles in my investment life, where prices and yields are running in opposite directions and again when they have been parallel to each other. It is nothing new, and certainly nothing to be feared (not for the seasoned investor); perhaps this is so for the more “fly-by-nighters” but certainly not for those who are…[Read more]

Hey underdog,

Just wanted to add a small “congrats” for purchasing the West Preston property. I lived in Preston for many years, before I moved further out north. I can safely say that the price you paid for the property 12 months ago, was well spent. Although Preston has had good growth over the last few years, it is expected to go through…[Read more]

There is a “search” function available, left hand side of the screen; give that a go.

If you’re lucky and someone remembers the post they may post up the thread in question, however if not, it’s probably because they can’t remember it either. Hence, do a little investigative work of your own, and you may surprise yourself!!!!

Cheers,

Jo

Hi Gizmo,

Firstly, welcome to the forum!!!

This is where your learning can start, and at no cost (except for maybe your internet service). Read, read and then read posts here, and ask questions. It’s free and people are always happy to answer anything you may need more info on.

If you wish to educate further, try buying a copy of API…[Read more]

True Celivia, but I believe it is very durable, and as long as you don’t walk on it; there’ll be no footprints, hence no problem!!!! [upsidedown]

Hey DD,

Yes I know people like YOU and Westan (for example) really do do your DD [lmao][lmao] and hence, as an investor I would have faith in areas you researched. Keep up the good work!!!!

Cheers,

Jo

Hi Simon,

Just a word of warning, I have seen it in a “display home” and although it looks fantastic, it shows up EVERY FOOTPRINT and hence keeping it looking flawlessly clean (I would imagine) must be a nightmare!!! It is like walking on high gloss ceramic tiles, and although it can be very cool under foot, you cannot miss the “WOW” factor when…[Read more]

Hi Mslodyczka,

There was a thread called “Buying Cashflow in Oz” in here, but since the debate did not go to some people’s liking it was deleted. It encompassed a very healthy discussion on buying +CF Australia, and it outlined some very valuable/noteworthy points.

Unfortunately some threads do get locked, or worse, deleted without justifiable…[Read more]

Does a mother/housewife who goes back to the workforce “retire” from home duties? Or when she does “retire” from the workforce again is she then considered retired when she resumes (probably never stopped) her household duties?

Hmmmm….good point Matt!!!

I guess it could be that he/she (ditto on not discriminating against any possible…[Read more]

Hi Jenny Lee,

The price range you stipulated, the distance to CBD and access to good public schools is very achievable in many Melbourne suburbs. To name but a few would be Brunswick, Coburg, Balwyn, Box Hill, Heidelberg, Ivanhoe, Thornbury, Preston, etc etc etc…there are so many!!!

If you can’t decide on an area, maybe you could check out…[Read more]

Bon Jour Francois,

Here are few links sent to me by a friend who was recently looking into…[Read more]

Oh I dunno HotRod,

Around here it seems, you’re damned if you and (as in your case) damned if you don’t!!!!

I know you meant no disrespect to your dad; your posts never indicate any such maliciousness.

Cheers, [sunny]

Jo