If you invest three dollars a day for 40 years, wouldn’t you have to be getting around 11.7% interest to hit $1,000,000?

$1,160 after year one
$20,800 after year ten
$87,900 after year twenty
$304,000 after year thirty
$1,000,000 after year forty

West Coast of Tassie? []

Two out of three ain’t bad. []

Bugger. It deletes automatically – so you don’t even have to edit that!

[}] What if I say shit or arse or dumb bastard?

Richmond, So if I say fuck will you delete it?

I have the same problem with the kids. My third is literally due any day now (wife is 39 weeks). With the other two, I know I’m the father, but I’m still wondering whether she is actually the mother… []

Kiyosaki has a lot of good advice – as do a lot of people. However, some advice is in conflict with others. e.g. the “buy local” thing. If you do find a +CF place in the “inner east” of Sydney you describe, then good luck to you!

My advice re advice would be to read up on a number of different philosophies and pick the one that makes most sense…[Read more]

I’ve seen you on your verandah rocking on a chair smoking your pipe.

What’s on the Job Description of a Moderator, anyway?

…and has averaged over 8 posts per day!

S.I.S is 54 years old with 5 children living off an indexed pension and +CF income.

This “Exclusively Property” thread is adding so much value to my investment strategy.

Mortgage Hunter (or anyone), is there a way that this could be done without actually selling. ie if you were looking to buy a new place and “refinance” the old one with the bulk of the debt and use the equity in the old one on the new PPOR.

I know that this may come down to “purpose of debt” but can you transfer equity like this if you pay CGT or…[Read more]

I have always found this a disturbing topic and it frequently turns in to a de facto class debate.

Crikey – I had to pull out my slippers tonight.

I agree with Richmond. I have one place down there but the numbers were a lot better (rent vs purchase price) 12-24 months ago.

I’m sure there are some great deals around, but don’t suddenly go looking there on the belief that it’s relatively undiscovered.

Celivia – I’m in very close proximity. Let’s just say that my street is named after a rock.

S.I.S, you obviously didn’t realise that as we are under water restrictions, it is now illegal to complain about the rain in NSW. Frank Sartor will be knocking on your door soon.

And as for cold – it’s 21C right now (10:30am). A Victorian would be out getting a tan in this temperature.

Personally, I’m rapt we’re finally getting summer weather /…[Read more]

This isn’t about the age old debate of which code is better… low rugby league crowds… insignificant AFL exposure internationally blah blah blah. I can do that one if you want, but it’s a bit tired and I can’t really afford to do it on my bosses time!

Culturally, Melbourne is the antipodean equivalent of the United States. To a Victorian, if…[Read more]

Westan,

I hope you’ve been to Balclutha before! It’s a nice place, but like much of the southern south island – very sleepy!