Forum Replies Created
The electrification of the transport system is the next big thing, most of the car companies agree that its not if but when this becomes a major thing,
I have had a company trying the hard sell to get me to give them $1000 capital which they will manage on my behalf to make arbitiage sports bets.
after talking to the salesman I can see though this scam.
As another forum member mentioned if this worked why would they need to waste their time managing my $1000 just to earn a 5% commision off earnings.
Good,
The first home owners grant is a terrible waste of government money, that actually does nothing to increase affordability.
If the goverment were serious about increasing affordability they would take measures to increase supply, not just hand out money.
It's like this, if you had 5 bananas on a table surrounded by 6 people that all wanted one, the offcourse a bidding war would start with the end result being the price rocketing up and some one missing out. Simply giving people at the table more money will do nothing but increase the end price of the bidding war and some one will still miss out, Yes it may be a different person missing out but some still must miss out.
How ever instead of giving out money, you managed to increase the supply by 2 extra bananas, then there would be no bidding war, no one would miss out and the price would remain affordable.
Government needs to cut red tape and give incentives to developers to increase supply.
hbbehrendorff wrote:Tysonboss1 wrote:hbbehrendorff wrote:Now stop insulting our soldiers even further by trying to convince everyone else and yourself in false enemy's, Go do some research first.I have no interest is talking to you about your conspiracy ranting.
and in no way am I insulting our soldiers, Having been a special forces soldier myself for 5 years and knowing many friends and colleagues who have been hurt I can tell you the enemy is far from invisable. The guy in this photo is actually a friend of mine, So I think I have a better understanding of what is happening over there than yourself.
Of course there is an enemy now, But they are SOLDIERS, Not terrorists, Do you think Australian citizens would attack soldiers if we where conquered by another country and they where occupying us ?
Oh your a special forces guy, No wonder your in support of Tyranny, How many puppies did you throw over a cliff or blow up with grenades ? Does it make you feel tough when you point a steyr in the face of innocent children ?
If your where really a commando then im sure you would have had at least one mission guarding some poppy fields !
A conspiracy ? How would you know if im really wrong ? You don't because you have never researched it and you never will because your a good yes sir boot boy
If terrorism was real then all the armies of the world would be defending there own borders instead of breaching the borders of 3rd world counties in search for Oil, Gold, Poppy Fields, Gems, Artifacts and Defense contracts while at the same time bringing entire counties to ruin and being responsible for millions of innocent deaths.
Yes sir, the army is full of heroes, gangster criminal heroes, Don't try and turn it into something righteous and noble
You are under estimating the terrorist network if you believe the enemy are simple tribes men.
as for your other rantings they don't really deserve comment.
hbbehrendorff wrote:Now stop insulting our soldiers even further by trying to convince everyone else and yourself in false enemy's, Go do some research first.I have no interest is talking to you about your conspiracy ranting.
and in no way am I insulting our soldiers, Having been a special forces soldier myself for 5 years and knowing many friends and colleagues who have been hurt I can tell you the enemy is far from invisable. The guy in this photo is actually a friend of mine, So I think I have a better understanding of what is happening over there than yourself.
hbbehrendorff wrote:Illiterate people living in caves from 3rd world country's with old soviet AK47's are no threat to us, These Wars we are in are Not for our protection or for there liberty, but for personal gains, All those dead soldiers just so western gansters can control the Opium poppy fields of AfghanistanYou have no idea what you are talking about, Afganistan was a Hive for terrorists. and left to it's own devices what see many many more attacks such as sep 11.
duckster wrote:Rule of 70 . Divide 70 by the growth p/a to find out when investment doubles. So 70 / 7% p/a = 10 years but remember the longer the time period the more the average growth will be 7% p/aI thought it was the rule of 72,…. you divide 72 by the 10% return and it tells you how long it takes to double
Yes, you can either do it as a personal loan ( high Interest ), or if you have property or shares you can lend against these assets.
Most banks will feel comfortable lending up to $50,000 to a business without security,
If I would you I would go for a trust,
Put the debt in your name so that you can claim the deductions, It doesn't matter if you don't have any beneficiaries, Use the company/ trust format where the company is trustee of the trust and you are the director of the company, that way any profits you get can be passed to the company where the tax rate is capped at 30%.
Jon Chown wrote:I think that the basic concept of Amway is good, but I also believe that the break down in the chains is that, from my observations , People pay the joining fee with the expectation of getting rich quick with no work output and as soon as it doesn't happen and the cheques don't come in, they quit. Not unlike many people who get into property investing and sell at the first sign of a little hard work (that is hanging on in downtimes). There is an extremly high percentage of people who buy an Investment property and sell in under three years (not counting the speculators)The problem I have with it there focus is only signing up as many people as possible, any system that puts the focus on joining fees is destined for failure, they don't care who they sign up they just want numbers.
If you look at any successful franchise system, weather it be Mc donalds all the way down to jims mowing, none of them rely on joining fees and none of them make it easy to join, and the ones that do make it easy always fail within 10years.
Also the fact that that those at the top of the system will always to better than those at the bottom means that it's a poor system.
I understand that Amway is a real company selling real products, But I just can't help but feel the network 21 system is being supported by the join up fees,…
at the end of the day if this model was successful, and everybody that joined it were successful the market would reach saturation point within a year,
If you started with 1 person who then signed up 5 others who then continued to sign up 5 more at each level for the next 12 levels you would end up with over 48,000,000 members, so for the system to have been around for this long it must be unsuccesful and must bleed members, which then backs up my theory that it's the new membership fees that support this system.
Matt P wrote:How many levels below you will you receive a commission from their sales from?" they keep telling stories how when you have 100's of people below you in the "pipeline", you will receive enough cash each month to stop working and be a millionaire like the people paraded on stage."
Lets just say for arguments sake this is true. What happens when the people below you stop working because they are receiving enough money from the people below them. No sales = no commission?
* – YOU
* * * * – What commission %?
* * * * * * * – " "
* * * * * * * * – " "
*
*
*
*
etc.well what they say is that you recieve comissions no matter how many people there are below you, as you go further up the chain the commissions become less of a % of each sale but because you have 1000's of people below you, you will be drawing commisions from an ever increasing amount of sales.
so the founders will still be recieving commision, even though the original people that first started may only reicieve 0.0001% of sales from the new people because they have almost a 1,000,000 people world wide that is still alot of money,…. It's just not sustainable though. as with any pyrimid scheme it's only the first people in that will get the main benifit.
Check out this link, It's the actual slide show from the seminar, you'll see the opening screen actually use robert kyosakis cash flow quadrant.http://www.cubinlab.ee.unimelb.edu.au/~pychan/pdf/businesspdf.pdf
let me know what you think,
I can't see how a system that relies on you signing up another 500+ people below you can work,…. especially when you are signing them up promising riches that will only come if they then each sign up another 500 on the same promise.
I heard he had set up a foundation with the goal of putting $1M into it,
Oil Price hitting new highs over US$130 a barrel,….
Lucky for us the Australian dollar has been increasing over the past few years,… I would hate to go back to 1 A$1.00 only buying US$0.50c,…. that would mean 1 Barrel would be worth $260 Aussie dollars
I think current oil markets are prooving peak oil theories correct,…. Since 2005 production of conventional crude has dropped by 5millon barrels per day.
OIL over $130,….
I think the Peak oil theory is starting to hit home now,…
It really depends on your investment stratergy,
It's true you can't expect a high rise apartment to increase in value as fast as a house and land close to a growing area, However.
The way I look at investing in property is that a property is a inflation hedged income stream, Meaning that even though your high rise apartment won't increase as fast as a house, it will provide you with an income stream of about 5% that grows with inflation mean while your capital ( the value of the property ) should also increase over the years by atleast inflation.
it depends on the risk profile you are willing to accept,
I believe it is better to leverage a certain amount of your portfoilio to maximise your growth,… for eample
If you bought a house for $100,000 and it went up by 10% you have made $10,000.
how ever if you used the $100,000 as a deposit to by $1,000,000 of property and it went up by 10% then you have made $100,000,…… pretty much doubling your money.
other than that sitting your cash in the bank is not a wise move longterm,…. the capital is eroded by inflation and you have to pay tax on you interest every year,…..
where as if you borrow to invest then it is the banks money that is eroded by inflation because when you eventually have to pay the loan back you will actuall be paying it back in dollars that are worth less due to inflation,….. and any capital growth is 50% tax free and you don't have to pay the tax on it till you sell so the earnings are effectivly compounded for years before you have to eventually sell,… where as with cash in bank you pay tax on 100% of the interst every year.
Agreed with above comment,
Double check the description of beneficies in the deed, you may find they already qualify.
I can't really see a problem,…
whats the problem,
