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Disappeared.
Sorry
Simon Macks
Mortgage Broker
http://www.mortgagehunter.com.au
0425 228 985Comments may not be relevant to individual circumstances. If you intend making any investment, financial or taxation decision you should consult a professional adviser.
Don’t sell yourself short my friend. I have met heaps of members who don’t seem any different to people we meet everyday!
Simon Macks
Mortgage Broker
http://www.mortgagehunter.com.au
0425 228 985Comments may not be relevant to individual circumstances. If you intend making any investment, financial or taxation decision you should consult a professional adviser.
Scenario one. You have 6 years from when YOU move out where you can sell and have a CGT exemption for those years.
Scenario two. The same. Except if you sell within 6 years of you moving out you have 100% CGT exemption if you don’t have another PPOR.
Cheers,
Simon Macks
Mortgage Broker
http://www.mortgagehunter.com.au
0425 228 985Comments may not be relevant to individual circumstances. If you intend making any investment, financial or taxation decision you should consult a professional adviser.
The explanation sounds hard.
When I worked it out we got 12 bits of paper numbered 1-12.
My wife chose a number that was heavier or lighter and then told me each time which way the scales would go.
Works every time!
It is easy in practice – hard to communicate!
Well done team. These things are a bit of a hobby of mine [
]Cheers,
Simon Macks
Mortgage Broker
http://www.mortgagehunter.com.au
0425 228 985Comments may not be relevant to individual circumstances. If you intend making any investment, financial or taxation decision you should consult a professional adviser.
Yes spot on Chan. You should be having a crack at the Mensa test!
Cheers,
Simon Macks
Mortgage Broker
http://www.mortgagehunter.com.au
0425 228 985Comments may not be relevant to individual circumstances. If you intend making any investment, financial or taxation decision you should consult a professional adviser.
Ideally if you have a home loan then every business or investment debt should be IO until the home (read non-deductible) loan is paid out.
End of story!
Simon Macks
Mortgage Broker
http://www.mortgagehunter.com.au
0425 228 985Comments may not be relevant to individual circumstances. If you intend making any investment, financial or taxation decision you should consult a professional adviser.
It is more than that Derek.
It is about taxation effectiveness as well. A redraw is a new loan and the purpose of it will determine tax deductibility.
An offset doesn’t affect the loan and you can use it as you will.
Cheers,
Simon Macks
Mortgage Broker
http://www.mortgagehunter.com.au
0425 228 985Comments may not be relevant to individual circumstances. If you intend making any investment, financial or taxation decision you should consult a professional adviser.
Is it significant that the appliance is a table lamp?
Yes
ok,we break the glass on the globe in the lamp,making sure we don’t break the filament.We drape the curtains over the broken lamp,and go to the other room.We trey a switch a a time,waiting for 10 minutes between each.If the other room catches fire,we know we have found the right switch!
Not as extreme but you are thinking along the right lines. Remember you can only make one trip. Once you have left the first room there is no going back!
Keep going folks!
Simon Macks
Mortgage Broker
http://www.mortgagehunter.com.au
0425 228 985Comments may not be relevant to individual circumstances. If you intend making any investment, financial or taxation decision you should consult a professional adviser.
Simpler.
Nothing extra than I told you.
There is a panel with three switches. One controls the table lamp next door. They all look identical and there is no way that you can see which switch activates the lamp until you leave the room and enter the next room.
The other two switches do nothing.
Keep thinking
Simon Macks
Mortgage Broker
http://www.mortgagehunter.com.au
0425 228 985Comments may not be relevant to individual circumstances. If you intend making any investment, financial or taxation decision you should consult a professional adviser.
Nick Moustacas at
http://www.strategicwealth.com.au/e2Content.asp?Request=AboutUs.AboutUs
Have only ever heard great things of him.
Simon Macks
Mortgage Broker
http://www.mortgagehunter.com.au
0425 228 985Comments may not be relevant to individual circumstances. If you intend making any investment, financial or taxation decision you should consult a professional adviser.
Don’t think outside the situation I have presented. You only need to refer to the three switches and the two rooms.
Simon Macks
Mortgage Broker
http://www.mortgagehunter.com.au
0425 228 985Comments may not be relevant to individual circumstances. If you intend making any investment, financial or taxation decision you should consult a professional adviser.
Nope
Simon Macks
Mortgage Broker
http://www.mortgagehunter.com.au
0425 228 985Comments may not be relevant to individual circumstances. If you intend making any investment, financial or taxation decision you should consult a professional adviser.
Nope. Rooms are seperate and doors are closed. No way you can see it until you move between the rooms. One trip only – no going back.
Cheers,
Simon Macks
Mortgage Broker
http://www.mortgagehunter.com.au
0425 228 985Comments may not be relevant to individual circumstances. If you intend making any investment, financial or taxation decision you should consult a professional adviser.
Just a table lamp plugged into the wall and three switches in the next room.
Leads etc don’t figure in the answer.
There is no way to tell which switch it is by looking at leads, power points etc.
Keep thinking.
Simon Macks
Mortgage Broker
http://www.mortgagehunter.com.au
0425 228 985Comments may not be relevant to individual circumstances. If you intend making any investment, financial or taxation decision you should consult a professional adviser.
Make sure you see a few banks. There can be a big difference.
Or see a broker who can tell you who will lend the most for your situation.
All the best,
Simon Macks
Mortgage Broker
http://www.mortgagehunter.com.au
0425 228 985Comments may not be relevant to individual circumstances. If you intend making any investment, financial or taxation decision you should consult a professional adviser.
I am for it Brent.
Cheers,
Simon Macks
Mortgage Broker
http://www.mortgagehunter.com.au
0425 228 985Comments may not be relevant to individual circumstances. If you intend making any investment, financial or taxation decision you should consult a professional adviser.
Chan,
You may be right. You lost me a little with your naming methodology.
here is my answer:
Number the balls 1, 2, 3….., 10, 11, 12
Weigh 1, 2, 3, 4 vs 5, 6, 7, 8 with 3 possible outcomes:-1/ If they balance then 9,10,11,12 have the odd ball, so weigh 6,7,8 vs 9,10,11 with 3 possible outcomes:-
i/ If 6,7,8 vs 9,10,11 balances, 12 is the odd ball. Weigh it against any other ball to determine if heavy or light.
ii/ If 9,10,11 is heavy then they contain a heavy ball. Weigh 9 vs 10, if balanced then 11 is the odd heavy ball, else the heavier of 9 or 10 is the odd heavy ball.
iii/ If 9,10,11 is light then they contain a light ball. Weigh 9 vs 10, if balanced then 11 is the odd light ball, else the lighter of 9 or 10 is the odd light ball.2/ If 5,6,7,8 > 1,2,3,4 then either 5,6,7,8 contains a heavy ball or 1,2,3,4 contains a light ball so weigh 1,2,5 vs 3,6,12 with 3 possible outcomes:-
i/ If 1,2,5 vs 3,6,12 balances, then either 4 is the odd light ball or 7 or 8 is the odd heavy ball. Weigh 7 vs 8, if they balance then 4 is the odd light ball, or the heaviest of 7 vs 8 is the odd heavy ball.
ii/ If 3,6,12 is heavy then either 6 is the odd heavy ball or 1 or 2 is the odd light ball. Weigh 1 vs 2, if balanced then 6 is the odd heavy ball, or the lighest of 1 vs 2 is the odd light ball.
iii/ If 3,6,12 is light then either 3 is light or 5 is heavy. Weigh 3 against any other ball, if balanced then 5 is the odd heavy ball else 3 is the odd light ball.3/ If 1,2,3,4 > 5,6,7,8 then either 1,2,3,4 contains a heavy ball or 5,6,7,8 contains a light ball so weigh 5,6,1 vs 7,2,12 with 3 possible outcomes:-
i/ If 5,6,1 vs 7,2,12 balances, then either 8 is the odd light ball or 3 or 4 is the odd heavy ball. Weigh 3 vs 4, if they balance then 8 is the odd light ball, or the heaviest of 3 vs 4 is the odd heavy ball.
ii/ If 7,2,12 is heavy then either 2 is the odd heavy ball or 5 or 6 is the odd light ball. Weigh 5 vs 6, if balanced then 2 is the odd heavy ball, or the lighest of 5 vs 6 is the odd light ball.iii/ If 7,2,12 is light then either 7 is light or 1 is heavy. Weigh 7 against any other ball, if balanced then 1 is the odd heavy ball else 7 is the odd light ball.
Simon Macks
Mortgage Broker
http://www.mortgagehunter.com.au
0425 228 985Comments may not be relevant to individual circumstances. If you intend making any investment, financial or taxation decision you should consult a professional adviser.
OK Chan my friend,
try this
3 groups of four
Cheers,
Simon Macks
Mortgage Broker
http://www.mortgagehunter.com.au
0425 228 985Comments may not be relevant to individual circumstances. If you intend making any investment, financial or taxation decision you should consult a professional adviser.
Happy to host something at my place in New Lambton.
Cheers,
Simon Macks
Mortgage Broker
http://www.mortgagehunter.com.au
0425 228 985Comments may not be relevant to individual circumstances. If you intend making any investment, financial or taxation decision you should consult a professional adviser.
Japanscott,
you only have the three weighings.
Chan,
You are on the right track. But remember you don’t know if the odd ball is heavier or lighter. So
If left <> right then take one ball on the scale and compare to anyone on scale.
Which ball? You have two weighing left and four balls?
if they match then which of the other two balls is it? The heavier one or lighter one?Keep trying – you are heading in the right direction but forget the 5 + 5 + 2 groups. Try a different combination!
C’mon guys there must be some more smart folks out there!
Simon Macks
Mortgage Broker
http://www.mortgagehunter.com.au
0425 228 985Comments may not be relevant to individual circumstances. If you intend making any investment, financial or taxation decision you should consult a professional adviser.
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