Forum Replies Created
Neil, Kate, Alistair ..
My observation is that most experienced investors do a lot of the ground work themselves depending on their strategy. We've had four MBs have a tilt at our arrangements over four years (always pays to test ones arrangements), and we still have our original $ and structure intact.
A lot of inexperienced folk just want basic – no bullsh*t information – and if its free and they can trot off and validate it in whatever they like, so much the better.
Have spoken and dealt with many MBs over the years. Interest, honesty and capacity to listen – rather than jamming ones own views down ones throut – appear to hit most targets.
A lot appear to think that ONLY they have the best products, strategy, etc etc etc
The mere fact that these folk have asked the question – and a damn good one at that – ranks their outfit above most I've met (and a lot I've read).
Singleton once said something along the lines of 'most fail because they throw stuff at the crowd and expect it to be swallowed; I just ask "what does it eat?"'.
Go for it N & K
hehehe .. some interesting commentary …. Z hang in there
forums always interestin – though this site has become a quite negative place .. would be nice to see a surplus of positively geared comments for a change
interest better than tax?! … for some perhaps … but if I be payin tax – I'm makin money – am happy to pay tax (though only a leeetle bit) for the rest of me life *grin* .. well .. till 60 or so
be well …
hmmm .. falls in value around 23% since construction phase finished … there is some good info on relevant company website .. now going to production … a windback in Muchea .. reduction in Capel .. expansion 30ks – as you say – outside Ouyen .. some will not finance in the town – others will seek larger % equity up front … some investment/development in area already with newly constructed brick and tile in offering … so is in the lull following construction pre growth as workforce arrives .. I've left it alone – but is just me
.. others may have a different view … Riverina up the road growing fast .. and little infrastructure in a depressed town … for those interested .. there is one set of partly renoed units … being from WA, struck me as a Mt Magnet with more grass .. appeals to some who invest in single industry, low SEI, poor infrastructure towns … notwithstanding all that – the mine appear to have a good future – and will return a significant amount to Iluka given the quality of the material returned .. there would appear to be further commodities beyond the min sands …if it fit your strategy and feel right for you … go with that
.. but there be plenty about to look at in terms of research material should u be unsure ..be well
Hey there ..
for what its worth .. I normally find Marc's post entertaining .. but this time, methinks he is spot on .. if you have the equity to burn – and the guts to burn it (and do consider the opportunity costs of going down the line you choose) … then fine … BUT .. am always wary of those books, murmurs, and the OH GEE LOOK AT ME, that come from the 'gee I just did it and this is how' patch … Chan et al do have an elegant spin – almost Newtonian
.. but then .. he didn't get it QUITE right did he (Newton I mean) .. BUT then he might be absolutely right (a statement for the lawyers LOL) .. at its heart its all 'horses for courses' … YOU design ya strategy .. YOU make it happen .. (and then YOU write a book it seems).I like to reduce debt personally .. others will put forward all sorts of other views .. and they would be right .. absolutely right – but then, them horses don't run on my track
..as I said .. for what it's worth
take care
RL
or freeman
Way to go Ralph … and bloody well said
mmmmmmmmmmmm .. 4 wot its worth .. ya friend should simply stack up the numbers and .. IF it fits with their strategy – problem solvered … if not .. don't pursue it … its ALL about the research .. some here .. some direct with appropriate folk … probably not helpful .. but given the info .. best response I can give you
R
will have to try RACWA .. ta tools
The water thing is interesting … water isn't rising in Pt Phillip Bay … but some pacific nations are ankle deep in water .. wierd world eh? They did go through the 'buy near water' thing here in Perth too … check out Safety Bay & Medina (SB is ok) but Medina .. you'd have to stand on a high voltage power line to see anything in most spots .. they announced the armadillo, Amarillo or Gene Pitney development down that way a little while back .. EVERYTHING on RE.com was shown as under offer close to the same night … mind you, value jumped 47% in around 9 months
The place next door here is for sale … 315K, renting at 280 … a koi pond next door … takers?
*gasp* .. after hearing Bob Brown telling me the greens will not allow an increase in the earth's temp of more than 2 degrees because its bad for the planet (I kid you not – a powerful political party indeed – check the ABC transcript) .. and having watched Al Gore .. just to be sure Bob B doesn't actually have a global thermostat hidden away some where … have just realised after seeing the trendline above ….. debt appears to mirror CO2 growth *gasp* .. now I know why we didn't sign the accord, and we appear to be scre**ed
Hiyall ..
Anrobel is right .. tho (and I DON'T work for an mining co) if you're looking for info .. check out the wa site for the Chamber of Minerals and Energy .. call em
.. in the Pilbara they are suggesting that around 42000 folk are needed in a pretty short space of time .. the living conditions can – and often are I understand – bloo**y awful – tho the companies are doing whatever they can to attract the expertise they need … it does pay to ask for what your looking for Internationally, some companies have entire workforces being paid to stay at home – as this is cheaper than recruiting when the projects in the pipe come on line … there is actually a tremendous variety of jobs about – DEPENDING on ya timing and persistance. Yes .. long hours .. yes .. in some areas ya need eyes in the back of ya head I understand.
Projections in WA are for around 10 – 15 years of this. Its not just iron ore … gold, nickel and a bunch of other mineral commodies – and not just in the North West of WA .. are about the place.
If its ya gig .. check it out – even if you are not an engineer ..
BUT remember .. a remote area in WA or the NT .. is a hell of a lot different to 'remote' areas elsewhere in the country .. we're not talkin about popping off to Ballarat or Broken Hill … Hedland, Newman and others are the 'bigger' ones … make certain ya know what you're gettin into – and ya partner, kiddies and all understand it.
Great money and nothin else may grab the attention of some – not all
good luck
34,640
… don't want em under 15 … or with single industries .. or with 2001 census data actually LOL .. closed out today … 325K .. rentin at 660pw … take THAT RBA .. hehehe
