If anyone’s worried about interest rates hitting 8 or 9% why wouldn’t you fix for the attractive 3 year rates that are being spoken about in other threads?

cheers
r

check out the online shop on this site.

cheers
r

best information I can suggest is to use the search function, read a lot of posts, buy some books and study them too, and don’t close your mind to the extent where it’s exclusively positive cashflow biased. There’s a lot of ways to skin a cat.

When I was in Boston, the local TV news had a “1 minute world” section on it to bring all the big stuff from around the globe… complete with stopwatch counting down.

One night, there was a piece about New York in it, which is all of a couple of hours away. [rolleyes2]

Hi

I think you answered your own question.

Why not check out the Trading Post if you want to relocate houses? They sometimes have them offered for free, all you have to do is pay the costs of removal. They’re not always in bad nick either.

Cheers
r

Hi Mini,

FWIW I agree with you about the American media… but isn’t referring to a nationality in a condescending way – “that kind of explains why America is the way it is. the poor little couch potatoes can’t help it, because it’s all they’re given” – a bit discriminatory in itself? Or is it okay to criticise one country/race and not another…[Read more]

alvin, why don’t you “make” time to learn to use the search function… if you’re fair dinkum about investing, you’ll find the time to do the research.

Cheers
r

Originally posted by kay-wit:
I swear I am very bad at cooking any food leave alone Aussie food
[]

Just burn a few snags on the barbie and wash it down with a cold VB and you’re done.
cheers
r

Take your time and do it properly, don’t rush and make mistakes thinking you have to make a million bucks in 5 minutes. It’s get rich slow, not get rich quick.

cheers
r

hybrid discretionary trust can distribute losses… there’s plenty of posts at the somersoft forums about them.

Cheers
r

If you want to cut your losses and sell, drop the price until it’s off your hands…

It’s only worth what someone’s willing to pay. Sounds obvious, but it’s not always easy getting your head around it.

Cheers
r

a bit like that last post ted

I’d be more curious to know why he requires $1million a year in rental income.

$393 for 1 bedder in Carlton is very EXPENSIVE!

I don’t really think there is all that much negativity around. Yes, there’s stories about possible interest rate rises, and there’s also stories about declining values, but they are just pieces on what economists think, and regurgitation of statistics. Don’t get me wrong, I am of the belief there are plenty of good buys around, and while I don’t…[Read more]

While I consider API a good read, I’d like to see them do some more stories on the other side of the coin. ie, investing decisions that haven’t gone too well, and what lessons have been learnt.

There’s always the profiles on investors who have made heaps of dough, and while they sometimes include the bad decisions, they gloss over them a bit… I…[Read more]

It’s not a done deal as yet, but my step-grandmother passed away recently, leaving her house (which is on a double block in North Melbourne) to my step-father. It’s on the verge of falling down, but has street access at the front and lane access at the back… it’s a big block and would comfortably fit 4 townhouses on it… of my family however,…[Read more]

LIFE IS TOO SHORT FOR FIGHTING….

well said del… it’s especially too short to worry about words written in an internet forum … there are FAR more important things…

I would have thought that referring to the forum as being made up of “worshippers” was a touch condescending myself, but that’s just me.

Anyhoo, back to the grindstone.

Cheers
r

Originally posted by Ali G:
I still think it is a good idea… hang on, I KNOW that wise investing is a great idea.

For that reason alone stick with it… don’t listen to the doomsayers. Just keep your plans to yourself and keep plugging away. If you ask a lot of people here they’ll tell you that they wished they’d started earlier. Investing…[Read more]