>> “They still have a pissily small official interest rate. Why do the Americans make such a big deal of everything?”<<

Bear in mind that this is not the rate the consumer pays:

U.S. weekly mortgage index off 0.7% By Rex Nutting
WASHINGTON (CBS.MW) — Applications for mortgages in the U.S. declined slightly last week, the Mortgage Bankers…[Read more]

Hi all,

Yes, the authors views are obviously being used to flog a gold coins, so a bit of healthy cynisism is warranted.

The interesting thing to me is this. When depressions or market crashes happen(there have actually been 3 great [to use the standard adjective] depressions since the industrial revolution), folks are usually at a loss as to…[Read more]

Originally posted by kay henry:
Thanks wayne…

Can I ask wayne… are you into the kinds of theories he’s discussing or the way he discusses them?

kay henry

Hmmmmm. As it says in the article, economic sytems are extremely complex. So complex that you can pretty much make a case for just about any eventuality.

The bulk of evidence from non…[Read more]

>>once I float it<<

PS I do happen to have a few contacts, and just for you, I’ll get out of my jamys and go and do a few hours work in exchange for a measly few hundred thousand shares []

Cheers

http://www.tradingforaliving.info

LOL! I surrender!

I can’t posibly compete with anyone who can write a post that long!!! Hahahaha!

Sharetrading is crap, it’s gambling, causes grey hair, ulcers, divorce, diabetes and baldness!!!

UNCLE!!!!

http://www.tradingforaliving.info

Hey Westan,

I haven’t really followed Lowey et al. But I suspect that their billions weren’t strictly from property investing (in the context that we here practice property investing) either. It is also in the practise of running a business, publically listing, development and other corporate toings and froings.

This is also a path littered with…[Read more]

Originally posted by Aceyducey:
Honesty is the best policy.

Being ‘nice’ primarily means to me saying what people want to hear.

What people want to hear isn’t necessarily what they need to hear.

Cheers,

Aceyducey

In theory, there is no difference between theory and practice. But, in practice, there is.

– Jan L.A. van de Snepscheut

To me…[Read more]

Posted tonight on reefcap by N40K

“Gambling is a tax for people who don’t understand Maths”

http://www.tradingforaliving.info

Yeah good post Kay!

“never be bitter- it’s one of the worst things in life.” wise words!

http://www.tradingforaliving.info

>>Sorry I can’t write that long, but comparing share trading to gambling is cowpoo.<<

LOL I love it!!

Mini, here is some of my scribblings on trading and gambling.

http://tradingforaliving.netfirms.com/article_2.htm

It sounds like your “friends” are merely gamblers who are using the market as a casino.

http://www.tradingforaliving.info

Hey I’ll help out here LifeX!

A bit of a Pollyanna myself…always wanting to believe in the goodness of people.

Still you can’t help but aquire some hard won cynisism as you go along hey.

Cheers

http://www.tradingforaliving.info

Sorry, I feel compelled to comment on this doosie:

>>Shares are stressful (because of the risk.) burnout, grey hair, suicides, bankrupt – don’t know too many property investors with those conditions, but there sure are a lot of shares casualties.<<

What ‘BS’ hollywood movies have you been watching?

Come and spend a week with me Mini! You may…[Read more]

Originally posted by MiniMogul:
feel free to argue away

Nah! It would take too long to firstly correct the misconceptions.

It’s funny to note the proselytising fervour on both sides of the fence.

Who really cares anyway, as long as what we do puts groceries on the table plus a few frivolities.

http://www.tradingforaliving.info

Just going to pains here to say that I am a believer in property investment. That’s why I hang around here.

Not bagging it folks OK!

http://www.tradingforaliving.info

Yack,some questions for you.

1/ you say you turned 10k into 500k since 1997, a return of 5000%. Do you think you can now turn this 500k into 25 million in the next seven years? If not why not?

2/ Do you think you could turn 10k today into 500k in 2011 using the same strategies? If not why not?

3/ What is the nett bottom line return of this 500k…[Read more]

Originally posted by yack:
<<<Lets have a good example if you had put your $10000 in caltex in may last year it would be worth 4.5 times more or $45000>>>

Did you buy caltex in may last yr? Probably Not. So Caltex is one stock out of 10,000 stocks or whatever it is. But a trader would have bought and sold before they received the 4.5 times…[Read more]

Originally posted by Erika:
Hi All
with shares you can have guranteed stop loss points.
Erika

Where do I find one of those? Are you talking CFD’s or ordinary shares?

With ordinary shares, there is no stop loss which will save you from a big gap or delisting.

http://www.tradingforaliving.info

Originally posted by Monopoly:
Well I may get shot down for this; but “frankly Scarlet I don’t give a damn”!!!!

I have to agree Somersoft is much friendlier, the posters there are “open minded” and people don’t pluck theories out of the sky!!!! Like Acey said, people back up their information.

This place conveys a “fear of damnation” feel about…[Read more]

Kay,

But you don’t see that property investment having forced housing out of the reach of low income earners, the disadvantaged, etc, as contrary to this socialist ideology?

The whole premise of property investing is rising values, rising rents…..hopefully in excess of CPI. Who are we leaving behind here?

http://www.tradingforaliving.info

Originally posted by benson:
Somersoft is by far the best forum for property investors IMHO. The level of expertise on that site far outweighs anything else on offer.

Cheers,

Benson.

Ya just gotta be perpetually bullish on property![suave2]

http://www.tradingforaliving.info