Rainmaker2000 replied to the topic sharemarket good time to buy? in the forum Help Needed! 16 years, 9 months ago
How have you been enjoying the market Richard……..you are probably right in this correction being unlike any other……..I always thought our correction would be triggered by the end of the commodity cycle which would then wash over our finance sector which is an incredibly large part of the index……..For this reason, I don't see this as…[Read more]
Rainmaker2000 replied to the topic sharemarket good time to buy? in the forum Help Needed! 16 years, 9 months ago
Mate, I love sharemarket slightly more than my love for property………..and you are right, it is a fine time to buy…..but you got to know what you are doing and its not enough to just buy some big company cause you know its profitable and its got a big brand……For example, banks are down 40% in last 3 months which makes the flow ons to…[Read more]
Rainmaker2000 replied to the topic Study in the forum I’m getting the impression 16 years, 9 months ago
I'm getting the impression cash is an issue too being a new starter………..I would forget the courses which may be more on the 'get rich quick' slant and I would instead 'create your own' course………..seek out some superb books on the matter and make it a routine to go to library like a course and read, take notes., read, take…[Read more]
Rainmaker2000 replied to the topic How to get banks to lend you $$ if there’s no income in the forum Creative Investing 16 years, 9 months ago
You may fight hard and get one of these loans around from 'non-conforming' lenders, but beware, you may need to be less than honest on the application….In light of recent market volatility and interest rate rises, these loans may not exist for longhttp://therainmaker.net.auSmall Stock Investing
Rainmaker2000 replied to the topic What does ‘POA’ stand for? in the forum Help Needed! 16 years, 9 months ago
Great posts above……..agents often also do this just so that they can record consumer interest….they don't really realise that 80% of consumers look straight past a property with no pricehttp://therainmaker.net.auSmall Stock Investing
Rainmaker2000 replied to the topic Landlord insurance in the forum Help Needed! 16 years, 9 months ago
I'm not certain that you would require contents insurance…….after all, its the tenants contents that will need insuringhttp://therainmaker.net.auSmall Stock Investing
Rainmaker2000 replied to the topic investing in units instead of houses in the forum Help Needed! 16 years, 9 months ago
The main consideration for units should be very similar to housing…….land value………scarcity value…..income………the best units are generally in very small complexeshttp://therainmaker.net.auSmall Stock Investing
Rainmaker2000 replied to the topic $1,000,000 CASH in the forum Help Needed! 16 years, 9 months ago
Congrats on making the $$……..I suspect that you know what's best to do with the cash since you made it……it's true there are some cheap shares around and I bet there are still undervalued pockets of property too, but for you, there could be much worse than throwing it into a reputable bank for a while to take stock and scope stuff…[Read more]
Rainmaker2000 replied to the topic Answers to “Where to Find CF+ Deals” in the forum Hi all.
I’m a baby of the 16 years, 9 months agoHi all.I'm a baby of the Ipswich boom few years ago……..are people still finding little nuggets of cf+ gold in the regional centres…..surely the mining boom has washed some of the gloss off as well?http://therainmaker.net.auSmall Stock Investing
Rainmaker2000 replied to the topic 2Bedrm, 2bath rm unit, buy off plan: Cairns in the forum Since you are new to 16 years, 9 months ago
Since you are new to property or Aussie property, you would do well just by doing web searches of locations in Australia for value……….this is not looking like an astute buy, more the opposite….look for something very, very different hopefully with some valuable land attached to the 300khttp://therainmaker.net.auSmall Stock Investing
Rainmaker2000 replied to the topic sell it before I take the loan? in the forum Help Needed! 16 years, 9 months ago
Mate, in this property market an Off-the plan could be a killer…..you are not talking about real estate investing…..that's more speculationhttp://therainmaker.net.auSmall Stock Investing
Rainmaker2000 replied to the topic Property bust not here yet … worse to come in the forum General Property 16 years, 9 months ago
The massive correction now 40% in the banking sector bodes very badly for the unaffordable Aussie home sector…..unfortunately, housing is going to get very ugly in certain locales of Australia……ouchhttp://therainmaker.net.auSmall Stock Investing