I agree, shares are the way to go. Im sure they will drop a bit further and go up and down for a bit but (earnings per share/share price) is quite good across many sectors.Having said that property could still be a good option. I think it will be. there is good buys around and they will be pretty close to positively geared.Another property boom…[Read more]

Use Solver paints, possibly not as good as Dulux but they last and look heaps better than any cheap paint.Their stores sell the paint cheaper than bunnings will too.Cheap paint does mean many coats, how much is your time worth ?!

I think there is a fortune to be made in the stocks.I feel sorry for those having to sell and who wanted to retire.property is a gamble, but i think that something is worth a value that provides a reasonable rate of return – and rental yield isnt too bad with good prospects in the right areas due to population growth.

I think this discussion is very interesting, my 2 cents is;-there are plenty of investors out there these days and re.com etc are flooded with more experienced and inexperienced people looking for the deals, as others have stated a freebie +ive CF property wont pop up and if it does it will be gone in literally minutes.-as others have said +ive CF…[Read more]

Obviously depends on how you feel and where you are on the spectrum, some people will invest at all costs and live off nothing whereas some people want lcd tvs when they cant afford it.

From some quick sums if you earn 120k.

Weekly figures

Take home pay $1600
Likely rental after costs(4.5%) $600

Repayment on loan $1250

So all things going…[Read more]