Forum Replies Created
However, JP Morgan said “it would not be a recession-generating event”, and this writer agrees wholeheartedly.
I wish that there was an ignore facility on this forum because the amount of negativity coming through is disheartening. Always being negative is just not the trait of a successful investor in my opinion.
Risk profiles differ greatly from person to person and mine is off the map. I am confident that a lot of money can be made in any market if you know how. I especially love it when the US stock market is in a downward trend. It is easy money!!!
Robert Bou-Hamdan
Mortgage AdviserOriginally posted by BenedictJ:Hi Robert. You made the comment that you are getting out of property? Is this because you feel you money could be working for you harder somewhere else…? Care to expand upon this any further?
I am getting out of directly owning real property. That does not mean I will not hold property in other ways.
I have determined that there are much more profitable, and easier, ways to make money from property related investments without the need to always be researching, doing due dilligence, meeting with people, etc. It is also far more liquid and returns are guaranteed.
I have discussed these investments in another thread.
Robert Bou-Hamdan
Mortgage AdviserOriginally posted by dmichie:So if you’d bought Microsoft, Intel and Cisco (all blue chip companies) every month from say April 2000 until April 2003 you’d be ahead?
I couldn’t tell you because I do not have the charts handy nor could I be bothered checking. But I can say that if that is all you bought, you should get out of share trading!
DIVERSIFICATION!
Robert Bou-Hamdan
Mortgage AdviserOriginally posted by ANUBIS:Is it just me or is there a lot of genitalia measuring going on between some of the roosters on this site of late?
I do not recall seeing much of this. Do you have any specific examples?
Just for the record, everyone knows mine is the biggest!!! [baaa]
Robert Bou-Hamdan
Mortgage AdviserIt is also not the cheapest Low Doc. Be wary of the interest rate!
Robert Bou-Hamdan
Mortgage AdviserSeriously dmichie, how many doom and gloom threads do you want to start?
You are starting to remind me of Neil Jenman – ALWAYS NEGATIVE!
No-one is doubting the economy is slowing. Many of us just don’t believe it is going to implode as you seem to think. If you are that worried, stay out of the market and let others do what they want to do.
Robert Bou-Hamdan
Mortgage AdviserDon’t listen to the doom and gloom crew. They are talking down the market so they can get better prices.
There are bargains to be found in every kind of market. Just keep looking and you will find something that is suitable. Buy when you feel comfortable that you have bought something at a good price.
Robert Bou-Hamdan
Mortgage AdviserOriginally posted by dmichie:Would dollar cost averaging have worked with Nasdaq stocks if you’d started at the top of bubble?
Of course it would have. It is also common sense to do proper research and due dilligence to purchase quality.
Robert Bou-Hamdan
Mortgage AdviserTo receive the $123 bonus deposit you must apply via this webpage. The application must be completed online today and signed forms sent back by 30th June 2005. The offer is only open to people who have never had a Savings Maximiser.
That leaves me out!!!
Robert Bou-Hamdan
Mortgage AdviserNo. Like any loan, some have exit fees but many don’t. The comparison rate will NOT take into account these fees so you have to look at the impact of these fees yourself. They are usually termed deferred establishment fee or something similar.
Robert Bou-Hamdan
Mortgage AdviserBut did you buy in 1994, 1995, 1996, 1997, 1998, 1999, 2000, 2001 and 2002 and then sell in 2003 / 2004???
There is a strategy commonly used by medium to long-term share traders called ‘dollar cost averaging’. Why would you not also apply this to property investing?
Robert Bou-Hamdan
Mortgage AdviserIf the lender admits the error, there is no reason why they cannot change the loan documents after settlement to tidy things up.
Robert Bou-Hamdan
Mortgage AdviserI am still waiting for a bird-dogger who deals with property around Geraldton WA and Queens Park Perth to contact me to sell a few things for me.
It can’t be that lucrative if people do not want business.!!!
Robert Bou-Hamdan
Mortgage AdviserDazzling, I don’t think right of refusal works like that unfortunately.
Personally, if I really wanted it, I would offer more than asking price on the condition they allow you to pay whatever amount equates to deposit and costs you need to get the finance deal done over a period of time that you can afford.
Robert Bou-Hamdan
Mortgage AdviserIt is a 2.5% reduction in the value of his income as a result of inflation.
As for your figures, I calculated CGT at the highest marginal tax rate plus the medicare levy with a 50% discount. I am still looking at some of your other figures to work them out.
Remember, I am not an accountant so if there are mistakes, I apologise.
Robert Bou-Hamdan
Mortgage AdviserCongratulations!!!
Robert Bou-Hamdan
Mortgage AdviserHey Gatsby,
There are definately no “Sexual Secrets of The Rich”. They simply pay for it!
So now you don’t need to buy that book.
Robert Bou-Hamdan
Mortgage AdviserSounds like a damn good plan to me!
Robert Bou-Hamdan
Mortgage AdviserJason is great. Can you email me your contact number and name and I will get him to call you?
Robert Bou-Hamdan
Mortgage Adviser
