Just a quick review – very pushed for time at the moment. A good second meeting and again a lively exchange of views and a really interesting bunch of people. With the interest that has been shown I think we’re going to need a change of venue. I’ve had a number of people say they’d like to come along but the venue and/or time don’t suit. So,…[Read more]
I’ve just started organising a group in Sydney and would like to swap notes. Could you please drop me a quick email, a simple ‘Hi’ would do, so I can reply
As previously discussed we’re getting together again this Thursday in Five Dock. This meeting is more of a general get together. In our last meeting Amit agreed to prepare a short overview of Trusts which he will present. Amit has been looking at trusts for a while now and has set one up for himself as his…[Read more]
Given this is the first attempt at ‘project pushing’ I would imagine that we’ll not do much more than scope what it is we’re trying to achieve and how to approach it though I wait to be surprised!
I’ve put together a spreadsheet with a Statement of Goals, Cash Flow statement and Balance…[Read more]
For those who were interested in meeting up but never did, below is the latest post to the ‘Investors Group for Newbies’ thread that can be found in ‘Opinionated’ (I’m trying to get it moved to ‘Heads-up’)
Wash-up from first investors group meeting held on 27/11/03
Off to a good start last Thursday. Small turnout but what the hell, we couldn’t…[Read more]
A welcome splash of cold water. OK, I now have tax deductibility given the thumbs up by my accountant though interestingly he did raise a number of points that you did.
My challenge is now to have rebuttals…
Thanks for the input, rather have it from you than the landlord.
The short answer is no. The long answer is that the problem with organising such a group is that there is never going to be a time and place that suits everyone and trying to do so is what probably caused the original attempt to get together to fail.
My view is somewhat selfish. I have a vision of what I want to achieve and the way…[Read more]
I had a thread (560+ hits) going with a lot of my thoughts and the approach I wanted to take but it got deleted in the re-org and hasn’t come back yet. I’m really not interested in writing it all out again but basically I want to take a structured, disciplined approach -…[Read more]
I’m curious, has anything happened? I was looking for a group but missed this thread until the re-org of the site so I started my own and we’ve already had our first meeting. What’s the story here?
Good point – I’m glad I’m not going to be paying for it!
Seriously though a cheaper financing option would help both the landlord and me so I’ll dig around a bit – I was going to calculate the rate but hadn’t got ’round to it
quote:
I also looked at the figures, the interest rate on repayments of $130 per month over 5 yrs on $5000 works out to…
Despite my constant goading we don’t appear to have anybody else joining us from the forum which is somewhat disappointing. The ‘Group for new investors’ topic has had over 540 hits making it one of the most read topics on the forum – however this has not translated into bums-on-seats tomorrow night. For…[Read more]
I’ve talked to the lease company and all the figures check out as far as the leasing goes. The equipment has to be new, and insurance is my responsibility. $5000 over 5 years is 130 pm gross ($15pw net). They’re not legaly allowed to advise me on points of tax law so I’ve asked my accountant to confirm tax deductability which I…[Read more]