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Hi all,
Enjoyed reading that thread, it’s allway’s interesting to read other’s perspectives on the future of the economy and the Property market.. It gives an indication of thier strategies as well. And it’s allways good to compare..
as a matter of interest our companies of to China to evaluate some business dealings and ‘have a look around’, there’s a large U.S business prescence in parts of China also.
Predictions I have made since September have been :
(a) Aussie $ to go to US$77… done that & more to come
(b) Interest rate… I expected .5%… we got .25%
(c) I expected the Dow Jones to exceed 10,000 by Xmas
it did that plus…. as the Stock Mkts. pull back a bit over the next month.. expect complacency to take hold again in the R/E Mkt… especially with a likely hold on interest rates in Feb, Why? The Aussie is strong and getting stronger as the US$ crumbles.I Remember that Bill [
] you’d make a good secondary income in the fortune telling game !As far as the strategy of getting rid of some of your properties as you lose the cash flow benefits etc as interest rates rise… Well, it’s the old story of “Buy when everyone is selling and Sell when everyone is buying trick” ( In a Maxwell Smart voice : )[
] It depends on your strategy ( Do you “have” a strategy other than buy and pray )You KNOW you should’ve fixed your rates before those last two rises ( depending on your personal strategy ), things weren’t going to stay that low forever.
Remember – The main aim of property investing is to find and acquire properties that have the ability to generate long term capital growth ‘and’ consistent rental demand and income, you should always be on the lookout for properties at a discount to thier real value…
One thing this site has taught me is “Researching your purchases is paramount”.. it’s no good buying a + Geared property in a one horse town if the horse then leaves
REDWING
“The man that thinks at 5o as he did when he was 20 has wasted 30 years of his life”
Thanks all [
]Travelmate was the one i’d lost !!
I’m currently using whereis and will try the other sites multimap and arta to see the difference..THANKS [^]
REDWING
“The man that thinks at 5o as he did when he was 20 has wasted 30 years of his life”
He “NEVER” found out…??
Hey reminds me of the joke
“How do you know your husbands having an affair”
“You don’t”REDWING[}
]“The man that thinks at 5o as he did when he was 20 has wasted 30 years of his life”
No Rest for the wicked, MortgageHunter [}
]REDWING
“The man that thinks at 5o as he did when he was 20 has wasted 30 years of his life”
MINI’S BACK !!
And in fine form, as usual an interesting read [^]
While we debate, someone’s made a purchase !Wish it was me[}
]THe deals are there, just harder to find and as alway’s you have to be comfortable with the deal ( have done your research etc etc to the best of your ability )people ‘are’ purchasing + geared properties as we type……
REDWING
“The man that thinks at 5o as he did when he was 20 has wasted 30 years of his life”
A friend of mine manages his units (
and his partners properties ( 3 )Himself, they rent his mothers Ip ( so she has great and stable tenants..He uses the Quokka ( same as trading post ) as it’s free to advertise for tenants [^]
Another person i know takes a trailer around on Kerbside clean-up day’s, he fixes stuff up and then has a garage sale… he enjoys it..
Also some shires here will deliver the “mulched” branches from the “green roadside clean-up’s” or any trimming of trees near powerlines etc for free to your property, the catch is you have to take the “whole” load, a friend contacted her local shire for this, used what she needed then had other friends come and pick up the remainders “Free Mulch”
That’s all for now- at work[V]
REDWING
“The man that thinks at 5o as he did when he was 20 has wasted 30 years of his life”
Top 10 Tips for your own home
1) Buy a water-efficient showerhead
You can recognise these by an AAA rated sticker or an Energy Smart label. They can save hundred of dollars a year in power and water bills.2) Use compact fluorescent lights
Compact fluorescent lights can last up to 15 times longer than ordinary globes and use 80% less electricity.3) Insulate your home
Good insulation will make your life more comfortable all year round and save you thousands of dollars on heating and cooling costs.4) Buy energy-efficient household appliances
Choosing the highest energy-efficiency star rating whitegoods can save you many $100’s of dollars on electricity and tonnes of greenhose gases. Go to http://www.energyrating.gov.au for a complete listing of star ratings.5) Buy a solar or gas hot water system
The largest part of your energy bill is usually hot water. So when your hot water service is ready to retire make sure you replace it with a solar or high-efficiency gas one. As well as the saving on your energy bill you can get money back on buying a solar hot water if it replaces an electric one.
Call the Energex Energy Institute on 1300360209 and ask about renewable energy certificates. You could get as much as $800 cash back in your pocket. In addition many State Energy Authorities have cash back schemes.6) Choose Green Power
When you join a Green Power scheme, your electricity retailer agrees to buy the amount of electricity you specify from clean, renewable sources such as solar, wind and hydro, replacing electricity that would have been generated at a coal-fired power station.
.7) Use a solar powered clothesline!
Every time you use a dryer it costs you around 30c and you lose lots of your precious clothing in lint! The clothesline is free and you will saves hundreds of kilograms of greenhouse gases each year. Wash a FULL load
Use full loads in washing machines, dryers and dishwashers. Wash clothes in cold water (up to 90% less greenhouse gas emissions), and use concentrate phosphate-free laundry products such as Planet Ark or Aware.9) Choose a fuel-efficient car
All new passenger cars are now required to display fuel consumption labels in litres per 100 kilometres. The label will tell you how many litres of fuel the vehicle uses to travel 100 kilometres when driving around the city. The lower the number on the label, the less fuel the vehicle uses. These labels will help save you money in vehicle running costs as well as helping to reduce greenhouse gases.
Go to on-line fuel guide site for all the stats on your cars consumption and more fuel saving tips.Fuel prices being what they are today, this tip is essential, or, buy a bike, save money burn fat : )10) Get there greener!
Walk, cycle, use public transport or car pool whenever you can. This will save you money and improve your health at the same time.Costly calls
with the ‘booming business in mobile phone sales and deals it’s hard to get by without one nowadays.
Check out this site http://www.phonechoice.com.au , it provides free independent and unbaised solutions to consumers based on all the offers the mobile and landline telecommunications industry has available.The website also has a bill xcalculator and a “tips n tricks” section to help you find the best plans.
Also a number of people are juggling multiple mobile phone numbers and SIM cards in an effort to cut bills
Check out sites such as voucherbank.com
When we carpeted our place we eventually went with a company that predominantly makes huge rolls of imported carpets into rugs, they’re in a light industrial area and don’t advertise as a carpet store, as they sell thier rugs in bulk.. cruising local Light Industrial Areas is great, you never know what kind of interesting businesses you come across [^]
REDWING
“The man that thinks at 5o as he did when he was 20 has wasted 30 years of his life”
] you’d make a good secondary income in the fortune telling game !
] It depends on your strategy ( Do you “have” a strategy other than buy and pray )
]
]
