Hi EdisonThanks for posting this. I'm an investor operating in the Sydney market and I think this provides a great opportunity to enjoy above average returns in those areas of the city.In fact there is a great map in the Sydney Metro Strategy (can be found on the State Govt Planning Dept Website) that shows nicely the new infrastructure planned…[Read more]

Don't be too over cautious. Get a clear strategy – whether it be shares or property and ignore short term price movement.If a share or property fits into you criteria – Buy it.Don't procrastinate – I'm sure Kerry Packer never  did!!

Property prices flat – impacted by Interest rates and electionProperty rentals – going bollisticShares – Recovering from correction – greater certainty around sub-prime issue

Yes Devo76, given you are 30 I'd be picking out some stocks you like with a price target and then buying when they hit that target.This is just a correction (I hope)!!!

Yes Devo76, given you are 30 I'd be picking out some stocks you like with a price target and then buying when they hit that target.This is just a correction (I hope)!!!

Rams is struggling to on sell its mortgages in the US market – these days a mortgage is like a commodity, it can be bought and sold.Problem for them is they are struggling to re-finance about $5B worth so they probably will end up having to incur additional costs and these costs will end up having to be paid by its customers.If I had a loan with…[Read more]

Don't sign up with RAMS!!!

Afternoon AllI wouldn't be writing off the stock market just yet. The fundamentals of many companies are still good when you look at P/E ratios, dividends etc. Everyone was talking about the "Correction We had to Have" – well here it is. Great – I'm looking around for stocks to buy right now but sticking to quality stocks. Remember – the China and…[Read more]

HiI'd start with a lower valued property if your having trouble kick starting your portfolio. Also, as per the previous reply get some more knowledge on what you can really afford. Once you know that information you will gain greater confidence and you will find it much easier to  move on to making a purchase.Good luck.

HiFirst piece of advice I'd give is read a good book on Property Investing – say Jan Somers. You'll pick up heaps of good knowledge for a very small outlay or even borrow it from your local library – they normally have stacks of books on Property Investing.You should then take a serious look at your financials – try and work out how much you can…[Read more]

HiI'd suggest getting a Strata Search done on the Body Corporation – ideally before you finalise the purchase. This search will highlight any building problems and low levels of cash in the Sinking Fund – both big ticket items to watch out for.The Sinking Fund is used for major repairs to the unit, new carpets, painting, etc etc. The Admin Fund is…[Read more]

HiI live in the Ku-ring-gai area of Sydney. Things still a bit patchy but activity has generally picked up and prices should soon follow upwards. Another interest rate hike will impact confidence to some extent and will prolong the inevitable real estate recovery in this area.CheersThe Bish