TMA…who would you recommend as the better lenders for IO loans on PPOR??

Another fan of bankwest here as well.

Wayne L…the group of banks that control (but don’t own) the Fed are essenatilly the reserve banks of the various US districts which in turn are owned by the Goverment. Anything else you hear is pure rubbish being pedalled by morons (see below)

Redtim: your comments aren’t even worth answering.

Approach your boss and explain the situation and see if he will take you off probation…if he says yes…then all is cool….if he says no then look for another job asap.

Here is the home page from the first link you have posted…seriously, how much dope does one person have to smoke before they start to believe this crap??

http://www.relfe.com/index.html

As for the 2nd link…the person who wrote that bullsh1t should refrain from drinking the bong water…it is absolute fiction and a waste of internet…[Read more]

Redtim…are you putting these links up as prime examples of the rubbish regarding banking that is awash across the internet or are you suggesting that these are credible and factual sources of information ….I hope it is the former.

There are 106% and 107% products but from memory neither will allow debt consolidation. The other problem you will have is if the $50k is a personal loan over 3 or 5 years then the repayments on this must be massive and will choop your borrowing power to shreds.

Ti be honest I think the LMI should have been charged on the full loan amount and the problem reall lies with the moron you were dealing with at the bank.

As to what to do …..I’m not sure but I really don’t like your chances.

Originally posted by Cata:
Did you know that the reserve bank in a private bank which lends money to the government. They are not run by the government

I don’t know where this internet myth started but is absolute, 100% gold-plated rubbish…go to the RBA website and you will see on the first page wording along the lines of “We are owned by the…[Read more]

I read that as Liberty will look to refiance the punter (tennant) out of the wrap loan he is currently in and across to a traditional loan with his name on the contract.

funny how he has moved his bank accounts to NZ and his seminars to NZ/Fiji…why not hold them on a ship off the Australian coast line but just in international waters

Well for a start there are many legitimate places to do courses run by industry professionals. The reason you won’t learn much from ASIC is that they are a regulator not an educator. The SIA and ASX both run well respected courses on how to trade options…unfortuanlatley they do not depict people standing next to private jets or driving ferraris…[Read more]

Tim …I don’t quiet understand your post….honestly I can’t really tell what your point is …. but you should be aware I can do what Jamie teaches…infact I have earnt a very good living for the last 16 years in investment banking trading bonds, FX options, futures etc and what I do know that it is not suitable for the average man on the…[Read more]

The problem is that the government can’t legislate to stop people being just plain dumb and guliable so they have to come from the other end and create barriers and laws so that morons will find it more and more difficult to hand their cash over to con artists. There was a fantasitc article in the paper yesterday about a spam email company that…[Read more]

Agreed…if he really has that much “knowledge” about the options market and he is as smart as he claims then getting the AFS licence should be 30 mins work for him.

^^^ keep in mind that China has only just kicked off their pension/superannutaion plans and the % of people covered by it is rather small and is expected to grow…by small they only have 110 million people covered so far.

As for net outflow …wrong …the rate at which people are putting money in today in todays dollars far outweighs the amount…[Read more]

The major flaw with the idea that we must have a derpression every 80 years is that the collective central banks ability to manage the world economy and the freedom of capital across borders is far greater now that it was 80 or 160 years past.

Its sorta like saying we are due for a black plauge or polio epidemic because we haven’t had one for 150…[Read more]

Kiosaki made velcro surf wallets and now tours the world speaking to people about how to make money from anything other than making velcro surf wallets…how is he an insider??

Most real economists see steady world growth with China continuing to grow as a global power house..I know that not very exciting but it coming from people who may not…[Read more]

How do we feel about this product/group at the moment???…given nothing has really moved forward since christmas and nobody has ever come forward with a sensible explanation on how this supposed wonder loan works.

The Mortgage Advisor…you mentioned that when you workded there they didn’t let you see the true engine room …do you still think…[Read more]

One is better than none….of course two is the ideal outcome.

Knowing the “rules of the game” is also a major plus.

40-15

Ball is in your court