Interesting viewpoint Ted,

>>where as the US market is under priced<<

This has been a bone of contention for quite some time. It will be interesting to see how this plays out.

http://www.tradingforaliving.info

Originally posted by kp:
Ding a ling ! Ding a Ling !
Yep Gerry, I hear them bells ringing.

Need to add a new word for the dictionary..
How about HERDISM, something to do with herds and frenzys.
There is a fear and greed aspect to all this too.

To just rely on rental property income as the only alternate source of income also beggars belief.

How…[Read more]

Originally posted by JasonBourne:
– “never catch a falling knife”.

Jason, you took the words right out of my mouth.

Look back over previous down cycles. They have always lasted longer than a few months…usually several years. Prices are still at boom levels.

The traditional mantra is “buy in the gloom” right?

Well we ain’t got anywhere near…[Read more]

Originally posted by kay henry:
wayne- sorry for being [offtopic] I am not familiar with his work, but I’ve done lots of work on class and status in Australia- researched and taught about it etc. Doeshe make reference to the “aspirants”? It’s a new term really, and I guess it’s been a consequence of the discourse around the working class. Noone…[Read more]

SuperTed,

>> 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.<<

I don’t know if I understand you. Your post seems to indicate that you believe the ASX will come off, if US…[Read more]

errr….getting back to the topic:

Has anyone been watching Alain de Bottons series on the ABC on sundays?…comments?

The book is turning out to be a great read as suspected.

Cheers

http://www.tradingforaliving.info

Yeah I read that guys.

But its just part of a tit for tat between Raimondo and Jenman.

I’m neutral on Jenman, and he does seem to have lost the plot; but the other chap is not really a paradigm of virtue either.

On balance, Jenman has been responible for some positive changes (my opinion only) and I would prefer the industry with Jenman in,…[Read more]

Where’s the expose’

There is only a link to an REIV article…hardly damning.

http://www.tradingforaliving.info

bleed ( P ) Pronunciation Key (bld)
v. bled, (bld) bleed·ing, bleeds
v. intr.
To emit or lose blood.
To be wounded, especially in battle.
To feel sympathetic grief or anguish: My heart bleeds for the victims of the air crash.
To exude a fluid such as sap.
To pay out money, especially an exorbitant amount.

To run together or be diffused, as…[Read more]

Originally posted by The Mortgage Adviser:
They are very quick to do margin calls on Forex trading. The ups and downs that can occur in a day on a 2% leveraged hold are HUGE!!!

yep! unless you have a very large account, you are taking on substantial risk.

You can try daytrading with a smaller account, but this path is strewn with the corpses of…[Read more]

>>Tradesmen: Builders $25-35 per hour
Handyman/woman $15-20 per hour
Labourer $10-15 per hour<<

Sheez! Tradies are cheap!

What is the cost of living like compared to Oz, Mini?

http://www.tradingforaliving.info

Yes, shares and futures can be played either way, but property a whole ‘nuther thing.

When you buy property with gearing you are taking a punt on the upside…a pretty safe bet for the last sixty odd years.

At the moment I am nervous about long side, non-liquid investments, thats all…unless they represent really excellent value. I am…[Read more]

The good management of Australias economy mightn’t save us if the US and/or EU tank.

We will be sucked down in the vortex.

http://www.tradingforaliving.info

er… yes. But scroll down, I have included the whole chart up to the present. (I did add some charts so you may need to refresh)

>>Don’t you think the occurrences in 1929 could never happen again in this day and age?<<

I don’t know if it will. But I can’t see any reason why not, given the right circumstances. I think there is plenty of…[Read more]

Greens!?!

I have green leanings myself, BUT…an examination of the Greens non enviroment related policy reveals them to be redder than the Reds.[baaa]

http://www.tradingforaliving.info

Originally posted by The Mortgage Adviser:
Basically, YES. There are about a million variables though. Your income is one. Property prices are another.

GEARING IS THE FUTURE!!!!

Providing there are capital gains in the medium term future. Some economists are still worried about deflation and depression.

It must be noted that the majority of…[Read more]

Aussie,

A lot of Perths water already comes from underground. There are two large underground water “mountains” where it is drawn from. (the Gnangara and Jandakot Mounds).

There is heaps of water there, but if depleted enough, ocean water will seap into the areas, hence the worry of salinity.

There is a deeper source of so called “fossil water”…[Read more]

HAH!!

Speaking of water shortages; in todays news:

Cities to be stuck with water bans
By Steve Lewis, Michael Bachelard and Samantha Maiden
June 25, 2004
http://www.news.com.au/common/story_page/0,4057,9945875%255E421,00.html

http://www.tradingforaliving.info

Originally posted by aussierogue:
wayne – i hear perth is gonna be a ghost town in a few years when the water runs out.

good time for you to buy the exclusive rights to distribute ‘evian’ in perth…

(were jealous we lost my restrnnt rules)
(is it still open by the way??)

Hahaha, when I left Melbourne there was not a lot of water in the…[Read more]

Originally posted by aussierogue:
ive said it b4 and ill say it again…

i dont know how you sydneysiders do it!!!

come down south and visit the worlds most liveable city and release that pressure valve!!

….or, if you want to be able to drive from one side of the city to the other in less than 3 days, try Perth.

Re: BRW article, I…[Read more]