Forum Replies Created
OK..you see its my first credit card so I am perhaps too excited about it. I always thought that doing it as a Cash Advance was not the way to go.
I called the credit card company, who suggested that money fm credit account can be directly debeted by my another financial institution but
a) the other financial institution will be the one providing the paperwork and putting the request through (make sense to me)
b) the other financial institution needs to “PUT THIS TROUGH AS A PAYMENT NOT A CASH ADVANCE” (exact wording of customer support personel).This makes me think that it should be doable. Not easy but doable.
And since (as I understand it) payments/purchases do attract those interest free periods, in theory I should have this credit money for a while interest free.
Am I all wrong?Hi guys,
you have certainly made me thinking.
peterp:
I looked at the links you provided and I agree with you that the population growth could be one of the major concerns there.
Personally I suggest, that opening the gates to immigration into Europe will be most likely the ultimate solution to this as ageing community will need someone to work and pay taxes. However I admit this is just a pure speculation on my behalf and it does compare to the facts you have shown me especially when it comes to investment.c2:
Of course I am very much concern about all the possible risks and this was the reason why I started this conversation here. At any occasion U am not the a person running blindly into some uncertainity, but there are times when one needs to look around open minded. Especially tryiong oto enter a property market, which has most probably just finished one of its biggest bull trends in last decade:(
The bottom line here being that, I think I have already mentioned this, I do have quite reasonable number of ties and contacts to that part of the world market and with its CoCR of 25%+ it is really tempting.Guys, thanks for guidance.
Dan
quote:
peterp wrote:I’ve never been to E. Europe, but my mind pictures cities full of hunchbacked elderly women in headscarves with few families or children. Their kids might have gone west.
With all the respect I think that if you want to assess a situation/maket you should not limit yourself by relying on some old fahioned stereotypes. As that managerial saying goes: “think outside the square” or better yet how Steve McKnight puts it in his book “…. you need to do things differently…”, but you probably know that anyway.
What I want to say is that if I do my research and have all the signs and indications pointing to some more or less obvious direction I make my decision based on that.
Your thoughts?
Thanks.
Dan
Thanks for ideas PeterM. Yes I see your point (actually quite a few of them) and I understand that handle a property portfolio in different country could be difficult, but it’s like always with investment – with greater risk comes greater profit or not?
Another question crossin my mind was – have you been to any of these young market economics lately? Say in last 3-4 years? I would not say that the economics there are in that big mess anymore, frankly over last few years they are showing quite decent growths.
Certainly there are perhaps some issues we are not use to over here, but one thing needs to be kept in mind – countries like Poland, Hungary, Czech republic, Slovakia and few more who will joind EU shortly went over last decade through rather drastic process of changing/adjusting their laws, norms and standards to EU countries. Only that way they could have been promised an entry to EU, its resources etc. So effectivelly the law in say property investing should be pretty much the same as if you would invest in for example UK, Germany…(you name a big EU country you consider stable and effective).
And, as I see it, I would not have that much more concern of some unlawful happening to my property in UK than I would have in OZ. Then if the rules are same in UK as there are in say Hungary how much more risk am I running into?
Thanks for ideas.
Dan
quote:
BJWhat about this one
http://www.hastingscapital.com.au
8.25%or
http://www.eurofinance.com.au
8.75%Terryw
Discover Home Loans
North Sydney
[email protected]Hi guys,
just came across to your useful info and instantly started asking myself why the hell did I put my money on term deposit with interest less than 5% pa??Anyway those financial institutions/trusts you are referring here – how secure it is to invest in them? Has any of you ever put money in there? I am just a newbie so I did not hear many of the names mentioned here and would not like to lose the little I have;)
Thanks
