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SuperTed
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July 18, 2004 - 11:01 am
Originally posted by Salubrious:
Originally posted by Salubrious:
Just a tip for the new people and maybe some older. If you want to find some great bargains then go to towns not listed on the Domians etc
Plenty of +CF stuff around in good communities around NSW VIC. Maybe I should be a spotter?[blink]
Dear Sonja and other askers………..please dont ask, just read the my post!
That’s harsh, I will give you a tip……….almost directly east of Albury about 110klm…not a bad little town either…
We are all made from Stars
We are all made from Stars
mmm i sense a gold rush is comming
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July 18, 2004 - 10:32 am
Originally posted by Supa Freak:
Buy four NAB September at the money Puts and enjoy the ride baby
LoL.. dont think id recommend options Supa.
(I bought 20 NAB 2900 puts and had a fine ride for 24 hrs.) Opportunites dont come often but when they do you need to identify them be it options or property.
So I WOULD maybe buy $3500 NAB shares (nice yeild), and spend the rest on books. After 12 months youve probably read all the books and recieved the NAB dividend (yay free books, free learning ride).
With more education you can decide what game to play.
PS if the shares idea is to “out there” at the moment then put it into a Cash Management Account (adelaide around 5%) and just read and ask questions.
SuperTed
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July 18, 2004 - 10:21 am
Originally posted by p0sitiveCasHfl0w:
A shortfall to me is no big deal, because I get it all back in tax anyway.
Wouldn’t you would just get back from the ATO, at the most 48.5% of that shortfall, depending on your tax bracket.
Cheers,
J.
LoL Kay uses different fundamentals[biggrin]
SuperTed
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July 15, 2004 - 12:11 pm
Originally posted by Balliez:
Today I had a guy come from “Profitable Business Concepts talking about a new program for teenagers called “Empower U”. They are offering a free “sampler” night to tell us more about the program.
But I was wondering wether anyone has gone to any courses by these guys..? And if they are any good. I don’t know any costs at the moment but I am planning to go along to the free night to get a better idea…I am just doing to research before hand.
By the sounds of what the speaker was talking about today, it sounds like this company works in a lot of investing areas..(shares, property, and self confidence) and I think this course has more to do with self confidence and planning your own future, a bit like what Steve said in his book. about how 90% of people can’t make financial decisions, 9% can make them, and 1% have all really planned their decisions, but I’ll find more out later..
BTW how many people in this forum feel that they fit into the 1% that have preplanned their decisions.. I realise that you must take in account for set backs but do most people have a good solid idea of what their next move is going to be…??
The weak will feed off of the strong until they are strong enough to be fed off of…
They are probably based on the Gold Coast PO Box %$^%.
The free sampler is bait in their fishing project most likely
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July 15, 2004 - 6:54 am
Nothing beats the area of interest’s local newspaper imo. The local rag shows the CURRENT asking rental prices and volumes, you would have to do the math for an exact average for this point in time >>>but overall you can see the picture better of what the rents are.. (So possibly combining an API mag (which is old data) with a paper showing new/present data will give a picture of what is happenning now in the particular area of interest.
now if i could only find the link showing all the newspapers on one page ;-( (im sure somebody posted it on this forum)
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July 11, 2004 - 10:28 am
Originally posted by gmh454:
[i}

Could’nt have said it better myself, $40 sewrvice call fee on a weekend, and you are complaining ?????
Are you sure you really want to be a property investor??
I think youve totally missed the point.
If the plumber charged the the call out fee @ $100 + $150/hr. I think that would be acceptable by the original poster, especially on a Sunday.
The eel hire to me is BS, it is a tool of the trade for a plumber.
I think someone that questions dodgy bills/quotes would be more successfull in property and business in general then someone that continually “takes it on the chin”.
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July 11, 2004 - 3:19 am
The service call shouldve reflected a weekend call out.
When i was in a trade and tradesmen i still know thought that “emergency” work was a very good earn and as such didnt mind doing it.
Thats why Id like to know who got the eel hire fee?
Ring the plumber and put him on the spot and “never cop it sweet” as next time something happens you will get shafted again.
As Jet dollars says get a quote….
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July 10, 2004 - 11:25 am
LoL a plumber without an eel is like a painter without a paintbrush.
I think you have been had..
Also am i wrong or is their double GST on that eel hire?? (paid by plumber to the hire company and by you to the plumber)
Just curious how much of the pie did the PM get?
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July 6, 2004 - 5:09 am
Everyone sweats in Darwin
SuperTed
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July 4, 2004 - 8:47 am
Originally posted by brent2:
Is there anything except southern investors buying sight unseen over the internet driving this market?
Not that I can see/hear.
Negative population growth
Government that has done nothing for 3 years. Countless empty shops and offices in the middle of town. Countless developments going up all over town. Highest rate of murders/sexual assaults per capita in Australia.
Oh but the fishing, you wouldnt believe the fishing.
Regards,
Brent[biggrin]
ROFL I agree with you Brent..I was there a few months back on holidays…wont get me buying there. But before I ACTUALLY went to Darwin it looked like an attractive proposition to invest, if you beleive what you see on the net.
As far as Im aware population is in decline??
Nothing beats pounding the pavement yourself..
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July 1, 2004 - 1:02 pm
Originally posted by wayneL:
>>I don’t know if I understand you. Your post seems to indicate that you believe the ASX will come off, if US markets rally. Is this what you mean? Because traditionally, the two markets are fairly highly corelated. Sorry if I’ve misunderstood.
My view: Well, I don’t have a view. Bias can be expensive. But FWIW, be very careful with sharemarkets at the moment. The landscape *may change dramatically after the US elections.
http://www.tradingforaliving.info <<
Hi Wayne,
Was waiting for someone to pick that up
Normally their is a correlation between the markets, i agree BUT
The Aus market has been favoured by major funds and is nearly fully priced (highs) where as the US market is under priced. They have been out of sinc for some time.
Once the US comes back into favour funds will move into the US market (for larger growth) at the expense of ours.
I think sideways is our outlook for the rest of the year, unless the US data does a complete reversal and we keep “favoured” status
I think the US elections will be a win/win for their market who ever gets elected over there.
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July 1, 2004 - 4:43 am
Do one in Sydney (entertainment ctr big screens etc)… @ $495 including free t-shirt and steak knifes for the first 50 that sign up
Why would you need to go to the seminar if you invested for the long term in +ve geared properties >> 11 second rule etc etc..wasnt that gospel since the book came out??
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July 1, 2004 - 4:32 am
Originally posted by Still in School:
just a little off the subject here, but when the resource market starts to move and the All Ords have been consisently increasing steadily, the Australian share market, is proving to be turning into a bull market…
Cheers,
sis
People 4get that by saving just $3 a day & investing it sensibly
over a working life, you’ll end up with around $1 million
SiS you should stick to property as i agree with your thoughts on that.[biggrin]
The Aus sharemarket has been in a bull run for at least 15 months now and is at all time highs (did you miss it?). To say that our market will continue is very optimistic especially when the US market is set to rally.
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June 23, 2004 - 12:25 pm
Do you know if that comes with a free Steve Mc-knight T-shirt?
SuperTed
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June 23, 2004 - 12:07 pm
Misty1,
Originally posted by Misty1:
He states that “neg gearing is when income is less than INTEREST payments.” Nothing was said about other costs incurred that may reduce the income to make it a neg.
Is this the case?
Your original post quoted the author then asked an obvious question hence my tongue in cheek reply. Sorry if you cant see the humour.
But now we have
[
Originally posted by Misty1:
“Superted” (super at insults) 122 posts & u r obviously still a smart-ass.[angry2] Perhaps u didnt read it properly?
So now may i suggest you take 1 chill pill and have a lay down [biggrin]
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June 20, 2004 - 10:28 am
Originally posted by Misty1:
Just read a book by Noel Whittaker, “Borrowing to invest”. He states that “neg gearing is when income is less than INTEREST payments.” Nothing was said about other costs incurred that may reduce the income to make it a neg.
Is this the case?
If so,i would suggest alot more investors have POS geared properties than they thought![confused2]
115 posts , and you havent learnt anything
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June 9, 2004 - 7:25 am
Originally posted by felly:
Purchased wrap pack 6 months ago, feel comfortable with the procedures, have money for deposit, have plenty of time on hands to undertake it, but because I currenty dont have a steady income bank won’t lend me money.
If there is anybody out there that finds themselves to busy to undertake wrapping and looking for a partner, please contact me at [email protected]
Sorry not for me Felly at the moment….. on a slightly different note would what Felly is proposing constitute going halfs in the wrap pack.
This topic has been raised several times but never answered by someone that REALLY knows the answer. Clarification would be appreciated
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June 9, 2004 - 7:19 am
Well a park near where i used to live has shops..takeaway, bottleshop plus 5 others across the road. The first two shops attracted a lot of after hours loitering in the park.
Sleep is important to me and i wouldnt want to be breaking up “parties” in the park every fri/sat night.
So even if you have security will, noise and the “thought” of someone trying to break in be a hinderence to your sleep.
Wouldnt get me living next to this type of park no matter how cheap (discounted) the property was.
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June 9, 2004 - 7:08 am
Originally posted by PurpleKiss:
Yes I used to be a tenant once too. I also think it helps you understand tenants needs once you become a landlord.
The worst problem I had was a landlord who wouldn’t fix the lock on the toilet door, consequently you couldn’t close the door, if you did then you were automatically locked in the toilet. Not fun when you live by yourself. I forget how many times I asked for this one little thing to be fixed and it never was. I had to keep a screwdriver in the toilet, just in case I got locked in!
PK
Why did you close the door if you lived by yourself? Did your cat have a roving eye[biggrin]
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June 7, 2004 - 10:08 pm
Originally posted by Supa Freak:
Why ST is there a paternity suit you can’t account for?
We wern’t naughty girls….
It was the late eighties
SF
LoL Noo0ooo0 to the paternity suit SF.
Late eighties and no naughty girls..different eighties to what i remember [biggrin]