Total Members: 159,214

wayneL

  • wayneL replied to the topic Oz Scams make headlines in the UK in the forum Heads Up! 20 years, 11 months ago

    Hi again Bec,

    >>But perhaps you’re too smart to get caught.<<

    Nope[:(] Far too trusting I am. All part of lifes lessons![xx(]

    >>Anyway, these are just my thoughts. I don’t want to sound like an ad for Jenman, but just an ad for what’s rare in the world today and what needs to be encouraged – sticking up for our fellow humans when things go wrong…[Read more]

  • wayneL replied to the topic Noel Whittaker in the forum Heads Up! 20 years, 11 months ago

    >>Assume your dream house costs $150 000, rent is $170 a week<<

    Where is this house???? I want to buy it!!!!!!

    The last dream house I looked at was worth about $500k[:D] and I can rent it for about $300 per week![:D][:D][:D]

    http://www.tradingforaliving.info

  • wayneL replied to the topic Oz Scams make headlines in the UK in the forum Heads Up! 20 years, 11 months ago

    Hey Bec,

    Relax a bit[:D] It’s just that our MR Jenman has become a ubiquitous figure in the R/E game over here. It is well known that, whilst he generally does do an excellent job with his consumer advocacy, The more cynical amongst us have noted that he has a vested interest in discrediting all and sundry, except of course his own client…[Read more]

  • wayneL replied to the topic Seminars, Gurus, etc. in the forum Opinionated! 20 years, 11 months ago

    Hi wez,

    My sole income is from trading, I write a few articles from time to time for my website, mentioned below; which for the moment is completely free.

    Sooner or later i will write articles on bear sidways market strategies, but such strategies are available elswhere in cyberspace now….usually for a fee[;)]

    >> If so, what sort of capital do…[Read more]

  • wayneL replied to the topic Seminars, Gurus, etc. in the forum Opinionated! 20 years, 11 months ago

    “e.g. the theory says you can make money no matter what the share market is doing. Yeh right. Big money is made in a bull market, not a bear or sideways market. ”

    Yup, Felicity and Scully are dead right. As a matter of fact the worst thing one can do is learn to trade in a booming bull market. People tend to mistake their initial success for…[Read more]

  • wayneL replied to the topic Change in Policy Re: Posts about Stocks/Shares in the forum Hotch Potch 20 years, 11 months ago

    quote:
    Hi Wayne
    Good to hear from you again
    In your example how can this be if the person has given a direct instuction,is it because that particular share didnt fit the original criteria for shares that was asked for?

    Hi Erika,

    That seems to be the reason; but I am completely blown away by that revelation. It is just so absurd that I can’t…[Read more]

  • wayneL replied to the topic Change in Policy Re: Posts about Stocks/Shares in the forum Hotch Potch 20 years, 11 months ago

    Hi all,

    Here is some discussion on the matter from another forum. The responses are from licensed individuals who both work in instutions.

    >>My general view is that if the site if free, it should not be regulated by law. (I’t s as free as chatting in a pub, and no one can regulate what you talk about)

    If it’s a paid site, then the provider will…[Read more]

  • wayneL replied to the topic Change in Policy Re: Posts about Stocks/Shares in the forum Hotch Potch 20 years, 11 months ago

    x,

    I totally appreciate Steves concern. I doubt that it would ever be as problem on this forum, but the chance of some over zealous ASIC officer making life hell is just not worth contemplating.

    Just some general comment with NO reflection on Steve or this site:

    Where does it end? What if I get full of p*** and bad manners down at the…[Read more]

  • wayneL replied to the topic Change in Policy Re: Posts about Stocks/Shares in the forum No Subject 20 years, 11 months ago

    quote:

    Good on ya Steve! My mother always told me that shares are the Devils work!![}:)]

    Now we have a nice wholesome, and christian forum again. YAY [8)]

    Mick INC

    Nothing is more satisfying than dancing with the devil and walking away with your soul and some $$$[}:)][:D]

    I personally miss the discussion/debate/jousts with fellow sharetrading…[Read more]

  • wayneL replied to the topic Valuing a business in the forum Hotch Potch 20 years, 11 months ago

    Terry,

    One further point;

    It is important to determine whether those earnings are inclusive of the proprietors fair wages or not. The true earnings are exclusive of this.

    Wayne

    http://www.tradingforaliving.info

  • wayneL replied to the topic Valuing a business in the forum Hotch Potch 20 years, 11 months ago

    Hi Terry,

    Well if we take the absurd valuations used in the *bleep*market, that business could be valued at say 18 times earnings….$4,320,000 [:O][:O][:O][:O][}:)][:D]

    Seriously though from my very vague recollections, I think one to two years earnings + stock, fittings etc is about the going rate.

    Don’t take that as gospel though i may be way…[Read more]

  • wayneL replied to the topic What is your opinion? in the forum Hotch Potch 20 years, 12 months ago

    Jeez this whole argument has become so emotional and rhetorical!!!! Wheres the balance? Where’s the facts? It’s like that cesspit that passes for a parliament at question time!

    Disclaimer: I am not a wrapper and have no plans to wrap in the forseeable future….why get involved with something that is facing such a huge challenge in the near…[Read more]

  • wayneL replied to the topic Prophecy in the forum Opinionated! 20 years, 12 months ago

    Hi mini,

    Well aren’t you a multifaceted soul, not unlike the rest of us[;)]…..Stuart Wilde eh, Do you still read his stuff? One of my favourite authors!

    After the billfromoz schmozle you have just won back some brownie points[:)]

    Wayne

    http://www.tradingforaliving.info

  • wayneL replied to the topic Which City/Suburb you live? in the forum Forum Frolic 20 years, 12 months ago

    According to the radio station I listen to, I live in the greatist city in the world……..Perth!!!….Mundaring region ( the hills)

    http://www.tradingforaliving.info

  • wayneL replied to the topic Is the bubble giong to burst!!!!! in the forum General Property 20 years, 12 months ago

    Is there a chart somewhere that shows this to be fact? I have all sorts of charts saying why property may go down….but none that say rents will go up with the immediacy indicated above.

    http://www.tradingforaliving.info

  • wayneL replied to the topic Is the bubble giong to burst!!!!! in the forum General Property 20 years, 12 months ago

    quote:
    If interest rates do go up dramatically, rents will also go up.

    Huh? Is this true? I would not have thought this to be the case….not directly anyway.

    Would not rent levels still be according to supply and demand…..ie oversupply of rentals=cheap rent.

    Maybe when interest rates go up, investors bale, causing undersupply of rentals =…[Read more]

  • wayneL replied to the topic Property beats shares in the forum Hotch Potch 20 years, 12 months ago

    The shares verses R/E has been done to death so I’m not adding to any debate.

    I just thought the article was a one eyed, biased piece of crap journalism with a feeble attempt at balance. Both have advantages and disadvantages that are way to complex to discuss without taking the to thread where Steve obviously dosn’t want it to…[Read more]

  • wayneL replied to the topic Property beats shares in the forum Hotch Potch 21 years ago

    I am really interested to see if this thread gets deleted…..or is it OK to mention shares so long as you are bagging them.[}:)]

    From the sidelines
    Wayne

    http://www.tradingforaliving.info

  • wayneL replied to the topic In respect to questionable forum posts in the forum Opinionated! 21 years ago

    Hi all,

    The administration of this forum in the last few weeks has left much to be desired.

    The wholesale deletion of posts, threads etc is nothing short of a monumental overreaction by the owner of this site in my opinion.

    In the process good people have been humiliated and embarrassed needlessly and unfairly.

    Also there appears to be two…[Read more]

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