Forum Replies Created
Hi Guys,
having a credit card debt to opposed to owing money on your credit card, will still be shown as a debt, even if there is no money owing on the cards.
Cheers,
sisOriginally posted by holdencommodore:what sort of things should I be looking for?
look for things like:
growth
government and council improvements
population
property prices trends
future job aspects
developments
local knowledge… just small things, but things that happen normally before a suburb begins to go up in price and value…
other times its just gut feeling…
Cheers,
sisHey Guys,
im here, but havent been around the forum frolic area to much in the last few days…
… after seeing a few posts about post counts and all, i thought… id be a bit quite on here (in FF) for the next few days, and when everything returns normal, get back into the old ways…
Cheers,
sisHi Elves,
im big like you on the credit card debt, IMHO the credit card debt is always last on my mind, if you can still out perform your credit card debt through other investment vehicles, pay the debt later and make your other investment vehicles work harder…
if you cant do that, pay down a good size of the debt, were the debt repayments, can also work for you, but still have a good control over the debt…
…also you mentioned you owe a friend some money, if they dont need that money quite yet, use it to further, increase your investment vehicles for the time being, and then pay them out later on, from profits made from profits and still at the same time, be able to keep them happy…
Cheers,
sisHi Chan,
actually thats kinda funny, i did do business economics and all thoses different business, accounting and economic classes, but even then, what they did teach, was nothing on investing…
true to the fact, but i dont ever remember being taught how to invest, but instead, always questioned… “what is the point of this subject?”
Cheers,
sisHi Guys,
agree with Georgisj, there are also another number of ways to purchase property below market price, but again these are different strategies like the one mentioned, but ask your self what have potential buyers done to you, in trying to get the selling price, further down..
…actually this reminds me of a very good book, about buying property and getting undervalue… just cant remember the name..
Cheers,
sispersonally, i wish i could stay awake in class and not fall asleep…
but for sure more about money and investing….
Cheers,
sislol…
Hi Celivia,
… you might already know what it is…. just read over some of the older post and it might just pop out in front of you… but if you read over Redwings post, he is by far the closet…
Cheers,
sisHi Guys,
sorry…
Domino Effect = High Risk…
Cheers,
sisOriginally posted by holdencommodore:Country predictions… Country growth… the real topic for this thread?! Can we try to stick to the point please! I really need other opinions on this! LOL! Thanks
country towns that provide both +ve cashflow and growth are worth while deals, but how much growth/capital gain… are we looking at?
…just enough to get our stamp duty and legal cost back, or growth that will always be 1% higher than inflation…?
Cheers,
sisdam… i cant finish off the 4th round… [pimp]
Cheers,
sislove the jokes… [thumbsup2]
Cheers,
sisHi Celivia,
Does the domino theory have a lot to do with the ‘offset gearing’ strategy that you use, sis?
no.. not really, but if you look ova some of the post and put some together, the answer is almost there…
Hi Elves,
hmmn domino….remove one and it doesnt work!
hit one and they all fall down one by one.[/quote]
Elves,If you put the sentence otherway around then you are very close to the ‘Domino Effect’ theory.
– agree and very closeCheers,
sislol… Chan
i think most people know my portfolio…
Cheers,
sisHi Kmelloy,
i think your thinking more on the lines of margin lending… but personally i think margin lending is low risk…
Cheers,
sisHi Falcon,
another thing to be careful about, is… it dont matter which partner works, but just because one partner may not have a paid income, but being a home maker is still recongnised in the eyes of the law as work and gives that partner legal rights to have ownership over half the assets, during the absence of a relationship over 3 months long and living together…
…though like Mel has mentioned, best to see a legal advisor…
but if you are worried and want to safe guard your assets and future assets, pre-nups are the go these days, but… like also mentioned by Milkmanjr, are more likely to cause stress than a postive outcome…
… also speak to your partner about this…
Cheers,
sisOriginally posted by milkmanjr:SIS,
You should look at soundboards.com
and look up the Arnie boards.James
Hi Milkmanjr,
thanks for the cool site, big fan of Arnie… [thumbsup2]
Cheers,
sisHi Kay,
not sure if i can truly make it there yet tomorrow, but… you know my reasons being…
… but definetly, for sure would love to catch up again…
****
Hi Richmond,
theres not much i can do, but there are few things available, like refinances, still having access to my working pay, credit cards and relying on the performance of other property investments, and trading some assets, but also most of it is based on lots of thorough research and plenty of IRR’s and yeild caculations returns and the biggest is probably timing the market, which is hard, because this can be anyones guess…
Cheers,
sisHi Kay,
yes that is one way, to purchase property with no money down, but that also had high risks involved, domino effect is a little more advance than that, but very similar across those same lines…
… both ways will work, yet, the domino effect is much more powerful, but gives you more to play with, but more risk at the same time…
… give me 20 mins and i will have confirmed by then if im coming tomorrow, and i will show you then, how domino effect works…
Cheers,
sislol… thats not it either…
Cheers,
sis