quote:
Cos in the UK (and US) interest rates are at record lows (like here), prices have been on a five year boom (like here), and there’s been an increasing amount of people taking on massive levels of debt to get into IPs (like here) (at least from some of the stuff I’ve read)
cheers
r
Yup,
I keep an eye on the UK market as my folks have…[Read more]
That is just one of many that may be used according to what you want to do.
If you have metastock the formula is:
pds:=21;
mult:=Input(“Width of Stop”,.1,10,4);
chandelier:=C-(mult*ATR(pds));
stop:=If(C<=PREV,chandelier,If(chandelier>PREV,chandelier,PREV));
Max(stop,Ref(stop,-1));
+ a few other coding tricks but thats the basis of…[Read more]
Thanks for comments, I really am looking for constuctive critisism so I don’t mind any well meaning negative as well as positive.
A few points from the conversation so far.
I created the website for a couple of different reasons. Firstly, trading full time can be incredibly boring at times. When one is sitting around waiting for the…[Read more]
Just a point on taxing the rich. Tax them too much and they will just leave.
Many high earning Aussies have left our shores for countries with more favourable tax regimes.
The UK experienced a mass exodus of cash and high earners in the darkest years socialist excess. A more reasonable tax scale has seen that trend reverse.
quote:
I have found a house with an undeveloped lower level (currently a garage, laundry, bathroom) which could very easily be converted into a “unit”. The lower level is exactly the same size as the upper level, which is 3 bed.
How easy would it be to buy the house, do the fitout, and sell off 2 “units”…
news.com.au has mace much of the section on negative gearing:
“NEGATIVE gearing is under threat, with the Reserve Bank identifying far-reaching changes to the taxation of property investment to fix the housing bubble by dampening investor interest.”
That would put the cat amongst the pigeons eh?
+ gearing rocks on a number of different…[Read more]
I’m still a little lost as to why party 2 would grant a put option.
If party two does not exersize the call, then presumably they do not want to proceed with the purchase. But alas, party one exersizes the put and party 2 ends up with property anyway.
questions: Is the put option only exersizable at expiry?
quote:
What’s with all the horror stories lately on TT?
Last night they started with a story about a couple who were miserable about the .25% rate rise (they had a huge mortgage on their property and also an IP they were “talked into buying”) – they were moaning and groaning about how they were battlers & couldn’t afford the extra dollars. TT…
I actually did this. I took an antisnobbery stand and bougfht a ’64 volkswagen beetle.
Guess what! You fall in love with these old gems. I do all the mechanics myself (learning as I go along[?]) Kids wave at you as you go by….chicks think they’re…[Read more]
This is from Maquarie Bank:Policy Flash
>
> Australia’s Central Bank Raises Cash Rate to 5.00%
>
> The RBA> ‘> s decision to tighten monetary policy in November came sooner than we had expected given that GDP growth over the last year was only 2% and inflation looks set to fall below 2% in the March quarter 2004. However, the explanations for the…[Read more]