In todays local paper I read an article by Bill Harcourt ( whoever he is ) who basically claims that NZ is now leading the world down .

NZ is the nearest country to the International Date Line and I well remember the 87 sharemarket crash where the NZ market was the first to feel the rezults .

Perhaps it is not faceious to claim that NZ is the…[Read more]

I don’t know the area too well . All I know is I wouldn’t mind living there [biggrin]

My niece has bought 30 acres of rainforest on the side of a hill which has amazing views out over the Coolum area . I think it was the Yandina area . She paid about 600k for the land and had bugger all left for a dwelling and has built one of those shed homes…[Read more]

Firstly mate it’s Warragul . Get the spelling right .

So OK , we might live forever..

So what happens with ‘retirement and your SMSF’ . Sort of becomes a joke then . [blink]

Great post chefman

Where abouts is this pub that you have put up with for 20 months ?

Great reply Dazzling as always . I read this thread yesterday and I logged on to see what your reply would be [biggrin]

Knew I’d be jealous before I even opened this one [biggrin]

Hmmm…. some very good points mentioned . I really don’t get why business should think for a minute they should be following any US trend however .

Yes to me it would seem a marvellous opportunity for a company to grow further , after all realestate is so useful when chasing finance to fund expansion etc .

I can relate to my own experience as a…[Read more]

Yes I think it comes down to your definition.

I have friends who own small farms on the outskirts of Geelong and Werribee . They are very business minded and run these holdings at reasonable profits where all the while the urban sprall continues getting closer every decade . Some of them bought decades ago and they’re laughing now .

There’s no…[Read more]

Well ……… some great advice there on bee management .

I initially wasn’t all that fazed about them being there untill I was out the back looking at all the mess I have to clean up and one stung me in my hair [angry2] . I’m really more concerned about them being in the back of the meterboard with all the wires and fuses in there .

I,ve…[Read more]

Hello Mum

I have a triangular shaped block which is a battle axe block at the back of an IP that I own in a Vic regional town .

It’s not that big but I looked at building a small unit on it a few years ago after I bought it and took a builder friend around for a look and did some sums and decided against it for the time being .

Do you know a…[Read more]

Yes I’m a bit like you DL . If we bought every book or magazine going we would spend more than we do on the actual investing .

On average I read around a book a month . Also I find I buy books more when on holiday [biggrin] . Actually , I find it hard to go out of a good book store without anything….

Where do you source all your audio stuff DL ?

Gross you are completely correct . Making a success of a business is no easy way to wealth . However , with the right attitude and approach the results can be worth it . I should know . At Phill’s age I was in a similar position and there is no way known we would be where we are now without our business .

Yep it takes a lot of energy and it…[Read more]

Yes Gross , the percentages are against you when going into business and yes good financial control is required for success . No doubt about it . Nothing new here .

The rich people in my tree don’t mind if you shake it [biggrin]

Hello Phil

Generally I think Dazzling is on the right track . You have to do something different. Remember success comes from doing things differently .

The options you have outlined for yourself seem too sterile to me .

That’s what I think .

Now what about instead of going the industial path after you have secured the renovators delight down…[Read more]

Yes , 1990 was a hell of a year .

1995 for me was also an interesting year ( migrated to Aus with 600k from cashed up property sales and small business sale )

Shortly after that I lost about half of it…… arrrrrrggg… but that is another story [fear]

Great post HB.

A diamond is only a piece of coal that has been under pressure for a long time as the saying goes…

I wouldn’t mind attending one of those auctions where there is only the auctioneer , the bank and you.. Was there any phantom bidding [biggrin]… Are you talking about 1990 ?

Shawn

Has anyone attended any of Peters talks or met the guy //

One of the best books I have read…

Thanks Richard

I,m talking a lot more than 100 acres and I did in fact source my finance through a local broker for the purchase . This was the first time I had worked through a broker and i was very happy with the service and all that……

However , because I have most of my finance with the NAB already I suspect they have me by the short…[Read more]

Thanks Sampson

Not sure how it cost you 5k to go to a broker. I thought lenders generally absorbed commisions to brokers…