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Anyone have a second hand copy of Dale’s Trust Magic they’d like to sell? Can’t seem to find it for much under $100 anywhere.
When it comes to books I rekon second hand is just as good as new.
P.S. bought Melvin & Chans book ‘ How to Legally Reduce Your Tax’ and thought it was really quite a good beginners guide.
[biggrin]
I’d agree Carl that it should be a heap more open to the real grass-roots fans that are there all season but miss out due to high corporate allocations.
But members of the respective clubs deserve to be there, and members of other clubs should be granted a part to – after they love their club but alot also love the game no matter whos playing.
In any case the proportioning of tickets definately needs to be improved.
But with 90,000+ screaming fans, 6 million + global viewers, and the commradery (forgive spelling) between fans of both sides and those there at 5am in the morning trying to get tickets – its still the greatest game on earth and one of the best sporting events Ive been to anywhere in the world!
Hi OldFart (luv the nick),
Depending on what info you need I maybe able to help. We are looking at doing a bit of capital raising for two young guys who have done just that across WA – bought huge chunks of land from Manjimup to Bridgetown to Kalgoorlie and are in the process of cutting them up and selling.
They own enough companies to basicially get it from chunk of dirt to a new 4×2 and then sold so depending on what info you after I’m happy to see what I can get off them.
Also – in WA a fairly new unlisted property trust is doing and has been doing similar. Buying, adding value, selling off. Only difference is its through a PDS back property fund.
The PDS has good info as it has to show investors, who are putting in money to the fund, what costs and processes are involved.
In no way am I recommending an invetsment in the fund but the PDS may have info similar to what your chasing.
PM me if you want any extra info.
Hi all,
For those interested and for those who PM’d – thankyou.
I flew from Perth to Melb for $1,400 a coupld of days before the big game (enough usually to get you from our fine state to Hawaii and back), with no GF ticket but a glimmer oh hope and an overwhelming sense of “I will be there”.
And at bounce down on that magic day in September I was.
About 10 rows back from the field, between the point post and wing, at a cost of $200 (the guy I got it off paid $180 and only wanted that but I thought a tip was the least I could do).
I won’t bore you with the ten billion ways I went about trying to get a ticket but if sitting with 97K people has taught me one thing – its that perserverance pays off!
P.S. Juls – GO THE EAGLES!!!!!!!!! [biggrin][biggrin]
P.P.S if you saw the news I was the young guy with hat and sunglasses, dancing around like a mad-man with a sign saying ‘I NEED TICKETS – WILL BUY, BEG, OR SWAP FOR LIVER, KIDNEY ECT.
There’s also bottle of the finest red or a carton of the crispest beer for anyone who puts me in touch a seller I buy off [hair2]
Hi Juls,
I do apologise – a spanking was not my intention [biggrin]
But thank-you for your comments all the same, do appreciate it.
I guess Im just a little passionate about the place.
As for investment – id agree, it is a one horse town (actually named after one aswell) and being reliant on one real company id be hesitant to throw my $ in to try make a few.
Still – its a little piece of history trapped in time and one of my favourite places to visit for a break.
My parents are both from Norseman and my Grandmother ran the local pub for years. Iv’e grown up on stories of the town.
First off – Jul’s Im sorry but if you’ve never been there then ask how you can make such a judgement. If your comments were purely based on an investment decision then fair enough but as for a general opinon of Norseman – its just a bit too harsh.
The town itself is one of the last true-blue tiny towns and is rich in Australian History. I’d go as far as saying it’s unAustralian to speak so ill of it
The people that came from there during the boom time are a fantastic bunch of men and women who would do alot more, even now, for their former neighbours and residents than us of whom call the modern day suburb our home.
It still is a wonderful place – if your looking for hustle, bustle and a bunch of plastic entertainment – bypass it. Norseman provides a rare glimpse of Australia in the early days and is a true icon of our state, not some fast-food tourist mecca.
As for investment – The town is really underpinned by the Gold Mine run by Croseus. Unfortunately the mine is now administration due to what locals are saying was some dubious management decisions. That one site really supports the town and with that in administration people have literally shut up shop and walked. I thought the shops we just closed because they are still fully equipped and looks as if someone will be there to turn the closed say to open and all is running.
But id say 30% of the shops there were like this (keep in mind there’s probably only 10).
I was considering an investment there myself because I just wonder what will happen to the mine with the price of gold the way it is.
byronent – perhaps try researching the mine itself. If it has legs and can still produce the level of gold it was possible of, and it was bad management to blame and not a bad underlying site, the story may have a few new angles.
Id say its a high risk investment move in any case. But as for those so quick to cast a stone against the town – perhaps its worth going there first or grabbing a history book.
Thanks Daviddanae,
Great to hear from someone that’s already got exposure too.
If I’m no intruding, what rental returns are you getting through the GEHA at the moment?
Thanks Celeste,
I’ll look him up.
Do you know if there’s any charge in just grabbing a quote or getting him out to look at what’s possible?
Hi adventurer,
If your interested in getting together with a few like minded Perth people we are just in the process of putting together a ‘Young at Heart’ Investors Club in Perth.
Nothing formal and no mentors as such, just people with various backgrounds and levels of experience, getting together to chat.
Email me [email protected] if you’d like the details. First ever meeting is 1st October.
Thanks Redwing,
I suppose it’s an obvious place to look (the local paper) but a step I hadn’t considered. Thanks for that.
Anyone who does hold a CF+ in Kal or is looking to buy please share your thoughts.
If these block do come on the market I think I might have to give one consideration.
Thanks Redwing,
Always good to hear your thoughts.
I guess with Kal it’s an area that needs more research than most because your looking at two areas when investing – property and resources. So it’s not just a property market your looking at but also the commodities sector.
One of the reasons I ask is I think a developer we are looking at doing a capital raise for will have a release of h/l up there and although I was looking to buy up that way, if it’s CF+ and my views remain sound on the resource sector then perhaps it’s worth a closer look.
Anywhoo…if others have a couple of minutes to share their thoughts it’d be great to hear [specs]
Hi David,
Thanks for the feedback
Any key points/thoughts on investing up there in the current market?
Have you learnt anything to date that you would do different?
I’d be waiting just a little while to see what this second, and possibly third, interest rate rise will do.
I haven’t got a mortgage myself, but servicability on these mountaineous levels of debt people have got over here in WA has got to be increasingly difficult
– Interest rates up
– Petrol up
– Inflation on the basics (food) upSurely will have some effect on how those people pushed to the tilt will make ends meet. And if push comes to shove and properties are put on a less than ‘bouyount’ buyer market, we may start to see a few oppurtunities pop up.
I’ve got a friend who’s a real estate agent and went past his home open on the weekend, there’s just this slight feeling in the air almost that buyers are getting wary and taking step back.
For the first time in as long as I can remeber a house for sale in my area has also had it’s asking price dropped! Almost unheard of a month ago.
Anyways – just my two cents – please do not take this as advice in anyway, shape or form.[biggrin]
Hi mkc,
Could be a number of things – but at the end of the day she could just be talking about the growth in it’s capital value.
If the property is negatively geared it’s not producing income over what its costing.
‘Making a packet’ could just be related to the price she paid for it and what it’s now worth. Even if the loan was the same amount as the original purchase price there’s no way a loan in perth goes up as quick the price of property.
The packet may just be the capital growth and this is not ‘cash’ until it’s sold. Paper profit in other words.
Hope that helps, just a thought, could be wrong.
Either way – it’s always good to hear of people doing well and if nothing else use it as motivation to start saving and get investing – be it property or any of the other dozen asset classes [hair2]
Hey All,
You can count me in too!
22, live NOR work SOR – open to any area meet.
Hi mspartal,
On your search you may like to try Rob Prouse from Rob Prouse & Associates. Does alot of IP investment himself, does my tax personal return (must admit mine is very basic) and we refer quite a few of our clients SMSF & IP quries to him.
Contactable on 9246 9055. Just a name to start your search. Try a few and see what works best for you.
Thats the second or third time Ive heard that book mentioned. Ive been meaning to have a look and might just try track it down this weekend.
Thanks Redwing
Thanks TerryW,
Much appreciated.
Thanks Cata,
Thats what I thought, the loan doc’s work the same way?
