If anyone is not too busy visualising abundance, or whatever, and up for a good laugh, try this link. One guy's humourous foray into a tony robbins motivation seminar. http://www.apologeticsindex.org/s51aa.html

Originally posted by foundation:
Originally posted by splosh:
You could simply…

[stun]

Simply? Wayne’s a lucky bloke if he has a lazy $225,000 sitting around that he can plonk into his loan!

Yes, tounge was planted somewhat firmly in cheek, ….but seriously he could possibly sell another IP and consolidate.

You could simply pay out half the loan and that would halve your interest bill making it cash flow neutral.

Originally posted by JohnSmith:
I would also add that it is Australians love of property that is helping to keep its population wealthy.

[baaa]
hahaha that’s Gold! We should extend this love to other asset classes and we could all be even more wealthy!

How about air? We all need it, they arent making any more of it.. so lets all love it and…[Read more]

An early 80s road bike. It has only one speed and has only a front brake. It is very fast, efficient, low maintence and helps keep me fit. It cost about $250 dollars to build – most of the cost was in the tyres.

Faster than a car for most trips in metro Melbourne, and spanks most other bikes on the road.

Originally posted by gmh454:

Foundation may be able to help me here but there was a significant Russian economist in the early 1920s who came up with cycles within cycles and charted them not back to the 19th Cent but the early 18th Cent.

http://en.wikipedia.org/wiki/Kondratiev_waves

gmh is this what you’re referring to?

Originally posted by foundation:
Originally posted by brucemarg:
Most of them will need to rent our properties a lot longer than they intend. The ‘now generation’ is great for us who have considered tommorrow and don’t want to be working then.
Just who are you lumping into this “generation”? And are the responsible, debt-conscious, youngsters…[Read more]

I’m a member of this younger generation who have only seen the upside of things, but I actually think in a way we are actually doing it tough compared to the last few generations.

Sure.. luxuries are very very cheap compared to what they used to be just a few years ago, but guess what? The necessaties such as housing are more expensive.

Look at…[Read more]

Here’s the actual report…

http://www.oecd.org/dataoecd/41/56/35756053.pdf

In Victoria I understand that if you don’t register your bond with the RTBA you can be fined an amount comparable the the FHOG. Might want to think about that too…

I care..

Perhaps I am naiive, but I have always thought that a low cost of living was a good thing. I thought a low cost of living meant high wealth. Good for individuals and good for communites as a whole. I thought this was all fairly self evident.

So I was surpised to learn a few years ago, that not only there were people who thought rising…[Read more]

For what it’s worth…

use the ol compound interst formula:

p x i^n

p=principal
i=interest per year (or time period for which interest is calculated)
n=number of years

So in ten years the equivalent of 100k, assuming 2%pa change is:

100,000 x 1.02^10 = 121,899.44
[buz2]

For what it’s worth…

use the ol compound interst formula:

p x i^n

p=principal
i=interest per year (or time period for which interest is calculated)
n=number of years

So in ten years the equivalent of 100k, assuming 2%pa change is:

100,000 x 1.02^10 = 121,899.44
[buz2]