Total Members: 159,214

wayneL

  • wayneL replied to the topic Sky News – Housing Bust in the forum General Property 21 years ago

    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]

  • wayneL replied to the topic New article: Trade Management/Money Management in the forum Hotch Potch 21 years ago

    Hi Pin,

    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]

  • wayneL replied to the topic New article: Trade Management/Money Management in the forum Hotch Potch 21 years ago

    Hi guys,

    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]

  • wayneL replied to the topic Australian Income Tax Rates, your opinion? in the forum General Property 21 years ago

    quote:
    Let the infidels leave, I say [:D]

    kay henry

    Opinions often change as circumstances change[;)][}:)]

    http://www.tradingforaliving.info

  • wayneL replied to the topic Australian Income Tax Rates, your opinion? in the forum General Property 21 years ago

    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.

    Canada, which has a…[Read more]

  • wayneL replied to the topic Wildly Wealthy Women in the forum Hotch Potch 21 years ago

    quote:
    Polar Bear,

    From what I remember, they had only been investing for about 9 months.

    Yep, thats what I remember Del. Scarey eh?

    [:O][:O][xx(]

    http://www.tradingforaliving.info

  • wayneL replied to the topic splitting title of 2 storey house in the forum General Property 21 years ago

    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”…

    [Read more]

  • wayneL replied to the topic A very interesting read… in the forum No Subject 21 years ago

    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]

  • wayneL replied to the topic how to make an options? in the forum Hotch Potch 21 years ago

  • wayneL replied to the topic how to make an options? in the forum Hotch Potch 21 years ago

    Thanks for that Richard,

    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?

    Is the call…[Read more]

  • wayneL replied to the topic how to make an options? in the forum Hotch Potch 21 years ago

    quote:

    We use Put & Call Options on all of our development site acquisitions.

    Hello Richard,

    Call options on real estate is easy, I can understand that.

    Put options on real estate has me stumped[?]

    In what situation would one use put options?

    Thanks
    Wayne

    http://www.tradingforaliving.info

  • wayneL replied to the topic Steve 0-130 in 42 Months,Cowra : 0-80 in 6 months in the forum Hotch Potch 21 years ago

    quote:
    G’day + Gearers….

    Just thought you might like to know that..

    Raine & Horne Cowra have closed their doors.

    I won’t say cheers

    Bill

    Bill O’Mara
    Real Estate,Mortgages,Share Market Strategies.
    billomara@iprimus.com.au

    Bill,

    In the town I used to live in Victoria, there used to be bread shops, delicatesans, fruit and veg, etc.

    Now…[Read more]

  • wayneL replied to the topic Sunshine,sweetie,redwing,westan, fudgell 111 in the forum General Property 21 years ago

    Bill,

    Oh BTW, I would love to get the ad samples too.

    Many thanks in advance!!

    Wayne

    http://www.tradingforaliving.info

  • wayneL replied to the topic Sunshine,sweetie,redwing,westan, fudgell 111 in the forum No Subject 21 years ago

    quote:
    After nearly 80 hours I can still not receive emails but can send.

    [:O][:O][:O]Bill’

    I am with iprimus too. My email is now working as of last night…..Yours still not working?[:(!]

    Thats Shocking!!!!!!!!

    Wayne

    http://www.tradingforaliving.info

  • wayneL replied to the topic Steve 0-130 in 42 Months,Cowra : 0-80 in 6 months in the forum No Subject 21 years ago

    Hi all,

    Thereis a poll on http://www.news.com.au Two thirds of the respondants believe that we are in a bubble that is about to burst.

    Check it out.

    Wayne

    http://www.tradingforaliving.info

  • wayneL replied to the topic Is Today Tonight trying to cause a property crash? in the forum General Property 21 years ago

    Great post Mini!!

    The difficult part of what you say is that most people don’t WANT to believe that sort of stuff….thats why they get away with it.

    Very few of my friends, and none of my family (with the exception of my wife) believe it, so it is not often discussed.

    this is the part i like best about your post:

    “take everything i read or…[Read more]

  • wayneL replied to the topic Is Today Tonight trying to cause a property crash? in the forum General Property 21 years ago

    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…

    [Read more]

  • wayneL replied to the topic car by loan or by passive income? in the forum Hotch Potch 21 years ago

    “buy the cheapest car your ego could live with”.

    ‘Tell people it is a “positioning statement”‘.

    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]

  • wayneL replied to the topic Interst rate in the forum General Property 21 years ago

    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]

  • wayneL replied to the topic Who makes the rules? in the forum Hotch Potch 21 years ago

    Making Plastic,

    My point with Rugby is that the players have no control over the rules, they just play by them.

    Same with world markets.

    BTW, which particular rules were you refering to? Regulatory rules, or other?

    Wayne

    http://www.tradingforaliving.info

  • Load More

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