Forum Replies Created
Pressed the ‘delete’ button instead of the ‘Post New Reply’ button[laughing]
“Life is not a journey to the grave with the intention of arriving safely in a handsome and well preserved body, but better to skid in sideways, thoroughly used, totally worn out and loudly proclaiming . …… Hell, what a trip !!”
Ok, but only the window and plumbing were really neccesary to bring it up to a rentable state. The other stuff I did to make it more attractive.
“Life is not a journey to the grave with the intention of arriving safely in a handsome and well preserved body, but better to skid in sideways, thoroughly used, totally worn out and loudly proclaiming . …… Hell, what a trip !!”
Congrats Guru, now you definately need to change your picture on the members page. We want to see her not you!
“Life is not a journey to the grave with the intention of arriving safely in a handsome and well preserved body, but better to skid in sideways, thoroughly used, totally worn out and loudly proclaiming . …… Hell, what a trip !!”
I gave up on Monopoly a long time ago.
“Life is not a journey to the grave with the intention of arriving safely in a handsome and well preserved body, but better to skid in sideways, thoroughly used, totally worn out and loudly proclaiming . …… Hell, what a trip !!”
Maybe a few could come up from Victoria too.
Pistols at 10 paces![smash]
“Life is not a journey to the grave with the intention of arriving safely in a handsome and well preserved body, but better to skid in sideways, thoroughly used, totally worn out and loudly proclaiming . …… Hell, what a trip !!”
Originally posted by aussierogue:the chick that hosts the show – is she on performance enhancing drugs????
great show….
Yeah, she probably celebrated her birthday last Sunday (1st August) along with a few of the Australian Olympic Cycling team.[laughing][laughing]
“Life is not a journey to the grave with the intention of arriving safely in a handsome and well preserved body, but better to skid in sideways, thoroughly used, totally worn out and loudly proclaiming . …… Hell, what a trip !!”
Not so confident anymore Muppet?
Tri Nations tries scored:
Wallabies – 5 (4 against)
S.A. – 6 (5 against)
N.Z. – 2 (4 against)
Can’t keep winning if you can’t score tries.
Wallabies by 6
“Life is not a journey to the grave with the intention of arriving safely in a handsome and well preserved body, but better to skid in sideways, thoroughly used, totally worn out and loudly proclaiming . …… Hell, what a trip !!”
Sorry to dissappoint you Muppet.
Wallabies by 4.
Did you see that tight head? I didn’t think that happened anymore!
“Life is not a journey to the grave with the intention of arriving safely in a handsome and well preserved body, but better to skid in sideways, thoroughly used, totally worn out and loudly proclaiming . …… Hell, what a trip !!”
Westan if that happens, you could dam the Balclutha River and make a harbour as well.
Now that could be some exxy property!
“Life is not a journey to the grave with the intention of arriving safely in a handsome and well preserved body, but better to skid in sideways, thoroughly used, totally worn out and loudly proclaiming . …… Hell, what a trip !!”
Originally posted by westan:Hi all
Monopoly
Guys, guys, please!!!I only see healthy giscussion, no personal attacks. My comments to SIS and Rugby are no way meant to be personal i like and respect these guys.
regards westanWestan [whip]
You’ve been told now![laughing]
“Life is not a journey to the grave with the intention of arriving safely in a handsome and well preserved body, but better to skid in sideways, thoroughly used, totally worn out and loudly proclaiming . …… Hell, what a trip !!”
Originally posted by Monopoly:…….or he’s planted a bomb!!!![lmao]
I knolw you were only joking but on reflection, isn’t it sad in todays society that a statement like that can get you into a lot of trouble.
Even the mention of the word bomb if you happen to be in an airport or plane, can get you into some serious trouble.
I guess that is the world we live in now.
“Life is not a journey to the grave with the intention of arriving safely in a handsome and well preserved body, but better to skid in sideways, thoroughly used, totally worn out and loudly proclaiming . …… Hell, what a trip !!”
Coz he owns half![laughing]
“Life is not a journey to the grave with the intention of arriving safely in a handsome and well preserved body, but better to skid in sideways, thoroughly used, totally worn out and loudly proclaiming . …… Hell, what a trip !!”
OK, but I what about the interest on both your loans (IP and PPor – I am assuming you had two loans anyway).
I am talking pure profit here. There was no borrowing for the $10,000.
And don’t forget unfranked and fully franked dividends.
“Life is not a journey to the grave with the intention of arriving safely in a handsome and well preserved body, but better to skid in sideways, thoroughly used, totally worn out and loudly proclaiming . …… Hell, what a trip !!”
Originally posted by yack:How successful have you guys been? I have disclosed my success. Give me something that will make me think – yeah good stuff.
OK, the company my wife works for was listed in 1995. The listed price was initially $1.00 but fell to $.80 within a few days.
The shares went to $10.00, were split and are now $5.11 (as of 20 minutes ago).
So in 9 years the share price has increased from $1.00 (or $.80) to effectively $10.20.
So your $10,000 is now worth $102,000.
I used to work for BRL Hardy, again a company that was listed a couple of years before the company above. The shares were also available at less than $1.00 not long after listing. The share price rose dramatically and then stagnated until it was taken over by a US company offering $10.50 a share in early 2003.
Again $1.00 to $10.50 in ten years.
I am not going to tell you how much we have made out of both these deals (and others) but suffice to say it is substantial.
“Life is not a journey to the grave with the intention of arriving safely in a handsome and well preserved body, but better to skid in sideways, thoroughly used, totally worn out and loudly proclaiming . …… Hell, what a trip !!”
Yack
Westpac rose 2% yesterday. That’s 2% in one day. How many houses do that?
Sure you need to be following the market closely to get in before this sort of thing occurs but if you started off in the morning with $100,000 in WBC yesterday you ended up $2000 richer by close of trade.
“Life is not a journey to the grave with the intention of arriving safely in a handsome and well preserved body, but better to skid in sideways, thoroughly used, totally worn out and loudly proclaiming . …… Hell, what a trip !!”
I know your in New Zealand mate, so I won’t be too hard on you but it’s 2004 not 1994.
I guess the mice have taken a break from turning their little wheel and your electric calender is not powering up properly.
[laughing][laughing][laughing][laughing]
Wallabies by 10.
“Life is not a journey to the grave with the intention of arriving safely in a handsome and well preserved body, but better to skid in sideways, thoroughly used, totally worn out and loudly proclaiming . …… Hell, what a trip !!”
Originally posted by yack:Yes its a simplistic example.
Let me make the following points. This is what I was trying to get accross.
1. You can leverage more in property hence $100k in the example.
Why is that? We have some shares negatively geared that are no deposit 100% borrowed funds. That’s pretty highly leveraged I think!
2. Commentators always say shares and managed funds make a greater return than property – hence 5% v 20%
3. My simplistic example does not allow for costs etc – but over the long term – 5 to 10 yrs – you are heaps better off with property.Possibly, but as long as you track trends in the market, you can do just as well if not better.
“Life is not a journey to the grave with the intention of arriving safely in a handsome and well preserved body, but better to skid in sideways, thoroughly used, totally worn out and loudly proclaiming . …… Hell, what a trip !!”
I agree Pelican
Anyone who can walk away from not just one but two separate backflips at more than 200km/hr and then continue racing must have huge brass ones!
“Life is not a journey to the grave with the intention of arriving safely in a handsome and well preserved body, but better to skid in sideways, thoroughly used, totally worn out and loudly proclaiming . …… Hell, what a trip !!”
Originally posted by yack:
Here is an example. You buy a $100,000 property with a $10,000 Deposit. Its worth $105,000 at the end of the first year. This is a modest return of 5%. This means your $10,000 has generated $5,000 in the twelve months.Lets compare this to shares. You invested your $10,000 into blue chip shares and managed funds. You made a 20% return. Any fund manager who makes that would be very happy. So your investment is now worth $12,000. That means your $10,000 investment has generated $2,000 in twelve months. Your property investment has generated $5,000 – which is better than $2,000.
C’mon Yack that’s pretty silly.
If I thought I could get 20% p.a. on a Blue Chip share (highly unlikely), I would be negatively gearing it. It is exactly the same as your property example. I would borrow $100,000 and put it in the stock you mention.
You cannot compare a $100,000 investment to a $10,000 investment. What about the interest on your $100,000, that is about $7,000. So really you have gone backwards to the tune of $2,000 (plus the other holding costs like council rates BC fees etc)
I don’t know about you but I see a 20% ROI better than a 5% ROI.
P.S. I know I have not included rent in these rudimentary figures, but I have not included dividends either.
“Life is not a journey to the grave with the intention of arriving safely in a handsome and well preserved body, but better to skid in sideways, thoroughly used, totally worn out and loudly proclaiming . …… Hell, what a trip !!”
Originally posted by Monopoly:
[My “toy boy” gives that sweet cheshire cat smile of his and announces “bungee jumping” and when they all turn and look at me, I don’t hesitate for a second “I bought shares”!!![lmao]Jo
I’ve done a Sydney/Hobart yacht race, bungee jumping and heli skiing. You know what was more scary – my wife and I buying our first IP!
“Life is not a journey to the grave with the intention of arriving safely in a handsome and well preserved body, but better to skid in sideways, thoroughly used, totally worn out and loudly proclaiming . …… Hell, what a trip !!”
