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  • Profile photo of ShusharShushar
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    March 29, 2004 - 3:03 am

    It would be interesting to know if Margaret has come up with anything new in her new book because her previous books focus on +ve cashflow.

    I suspect it will be a revised edition of “How to create an income for life”, retitled to get on the +ve cashflow bandwagon.

    (I don’t really mean to sound as cynical as that comes across – [smiling]

    Shushar

    “All our dreams can come true, if we have the courage to pursue them.” – Walt Disney

    Profile photo of ShusharShushar
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    March 29, 2004 - 2:56 am

    Could you imagine though if they did introduce investing what would be on the curriculum?A s

    What would they teach – budgeting, mortagages, shares, property, managed funds, wraps, options, warrants?

    A (relatively) small group of us can’t agree on the best way to invest in property. Do you think the Education department could come up with something useful for everyone? Nice idea though.

    Shushar

    “All our dreams can come true, if we have the courage to pursue them.” – Walt Disney

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    March 29, 2004 - 12:35 am

    I have seen a similar situation take place (in another sport) where the strongest person by far happened to get eliminated.

    As it turned out he did finish up going to the Games though in a different weight category (totally out of place).

    I wonder whether it isn’t possible for someone who is outstanding to yet be selected by having more than one competitor nominated for the same event.

    Or perhaps there could be a rule that a previous gold medal winner could automatically be added to the team, if warranted ?
    Pisces

    I think everyone is focusing on why Thorpie was elimination for breaking but I think there are 2 other questions I would like answered

    1) Why does Australia only send 2 competitors per event? The US always seems to have more per event.

    2) Why is selection for the Olympic team based solely on performance in one swimming meet? Why does the world record holder – who performs time after time – have to prove himself? In a sport I compete in, to gain a place on the World Championship team you accummulate points over a series of events over a year. The top 5 performers become the team to represent Australia.

    This happened in the swimming selection for the last Olymic games. For example, Sam Riley failed to perform on the night & missed out. Was this fair?

    Maybe how we view our team should be reviewed???

    Shushar

    “All our dreams can come true, if we have the courage to pursue them.” – Walt Disney

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    March 27, 2004 - 11:23 pm
    Originally posted by redwing:

    If we are what we eat, i’m cheap, fast and nasty..

    REDWING

    cheap, fast and nasty – my type of man!

    LOL
    [smiling]

    Profile photo of ShusharShushar
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    March 27, 2004 - 11:05 pm

    I agree, Pisces.

    I also find I have the other problem too – I wan to say something on the original subject but the thread has taken a different direction & I’ve come in too late to add a comment.

    Pices – thanks also for highlighting a fascinating thread! [biggrin]

    Shushar

    “All our dreams can come true, if we have the courage to pursue them.” – Walt Disney

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    March 27, 2004 - 3:58 pm

    I have bought and subscribed to the magazine for a while now.

    Does anyone get “Personal Investor”? I found this month’s property case study (Trish) fascinating becuase her philosophy is so different from mine.

    To quote her:
    “Once a property is positively geared, there’s no point hanging on to it because all you’re doing is paying out tax every year. ….And once a property is positively geared, you sell, you put the proceeds towards your residential loan, and you take just enough for a deposit on your next property.”

    This is not a strategy I agree with but I guess we all believe in something different.

    Maybe those of us still seeking +ve cashflow properties should just buy what Trish is selling?

    Shushar

    “All our dreams can come true, if we have the courage to pursue them.” – Walt Disney

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    March 27, 2004 - 3:44 pm

    No Ian in the 400m, No Cathy in the 400m.

    It will be interesting to see who rises up to be Australia’s hero in these games.

    Not happy[glum]

    Shushar

    “All our dreams can come true, if we have the courage to pursue them.” – Walt Disney

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    March 27, 2004 - 3:37 pm

    [thumbsdownanim

    Blinded by the light…

    Shushar

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    March 18, 2004 - 3:04 am

    [computer] – Where I spend my day

    [book] – What I would like to be doing

    [stress] – What I feel like at the end of the day

    Shushar
    [biggrin]

    “All our dreams can come true, if we have the courage to pursue them.” – Walt Disney

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    March 17, 2004 - 10:21 am

    This is going to take me forever to interpret what everyone is saying!!

    [confused2]

    [biggrin]

    Shushar

    “All our dreams can come true, if we have the courage to pursue them.” – Walt Disney

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    March 16, 2004 - 3:36 am

    So the moral of the story is that we should give up buying IPs & become cleaners!!!

    [^]

    “All our dreams can come true, if we have the courage to pursue them.” – Walt Disney

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    March 15, 2004 - 11:11 pm
    Originally posted by georgisj:

    Hi Benedict, that is a great question. Who is Henry Kaye? Some say the devil, others a flawed genius. As SIS mentioned do a search on Henry Kaye, but in google as well, it will give you some great history.

    He was an immigrant from Belarus, Jewish I believe. Quite charismatic, very driven. He is in his mid-30’s.

    I would really like to interview the guy…..

    James

    I’m curious – what would you ask him?

    Shushar

    “All our dreams can come true, if we have the courage to pursue them.” – Walt Disney

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    March 15, 2004 - 11:07 pm
    Originally posted by BDM:

    The other day in my letter box, I pulled out a typed letter from “Anna and Paul”, addressed to The HomeOwner c/o my address. It said “sorry to contact you like this, but we are looking to buy a house in your area, and if you are interested in selling, then please contact this particular agent at this particular agency and here are all the agents contact details, because we only want to buy from this agent….” !!

    I attended the Reno Kings seminar recently and doing a letter drop like this was one of the methods they suggested to try to find a deal (although they were talking about doing it as an individual, not as an agency. [:)] )

    Shushar

    “All our dreams can come true, if we have the courage to pursue them.” – Walt Disney

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    March 15, 2004 - 1:44 am

    What a great resource! [^][^]

    Thanks,

    Shushar
    [:)]

    “All our dreams can come true, if we have the courage to pursue them.” – Walt Disney

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    March 15, 2004 - 1:40 am
    Originally posted by Pisces:

    I thought that recently a new law had been brought in existence where an agent could be penalised if they give inflated opinions of value to the vendor.

    Does anyone know anything about that particular new bit of legislation ?

    Thanks,

    Pisces

    I think the legislation you are referring it is the changes that have been made in NSW to the Auction system.

    From the Dept of Fair Trading website:

    “More realistic real estate

    The issue of selling price estimates has long been a sore point with consumers and ethical agents. In the past, some agents gave consumers inflated estimates of the value of property in order to obtain a listing.

    It is now an offence for an agent to quote to a property owner an estimate of the selling price that does not reflect their true estimate. It is also an offence to publish an advertisement or a make a statement in the course of marketing a property that falsely understates the estimated selling price to potential buyers.

    The Commissioner for Fair Trading has the power to ask an agent to justify any estimate given. The purpose of this reform is not to penalise agents in a situation where the eventual sale price exceeds the agent’s genuine estimate, but to ensure that agents do not deliberately understate their estimated selling price in order to deceive hopeful buyers.”

    Shushar

    “All our dreams can come true, if we have the courage to pursue them.” – Walt Disney

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    March 15, 2004 - 1:19 am

    In my experience, I took out an option to purchase an “off-the-plan” unit on completion.

    There was no stamp duty on the option, but there will be stamp duty on the contract of sale once the option is exercised.

    That is, all we have done is deferred the payment of stamp duty not avoided it.

    Cheers,
    Shushar

    “All our dreams can come true, if we have the courage to pursue them.” – Walt Disney

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    March 10, 2004 - 3:48 am

    I love 11 best ’cause my brother drives me crazy!

    [^]

    “All our dreams can come true, if we have the courage to pursue them.” – Walt Disney

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    March 10, 2004 - 3:45 am

    Now if they only made one for us women!

    [:)]

    “All our dreams can come true, if we have the courage to pursue them.” – Walt Disney

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    March 10, 2004 - 3:36 am

    Can’t find any reference to it on either the Amazon or Dymocks website.

    Has it been renamed & rereleased?

    Cheers,
    Shushar

    “All our dreams can come true, if we have the courage to pursue them.” – Walt Disney

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    March 5, 2004 - 3:43 am

    Personally I don’t have a clue but assume it’s a reference to LOTR.

    Can you enlighten us poor Aussies?

    Shushar

    “All our dreams can come true, if we have the courage to pursue them.” – Walt Disney

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