Good point Muppet,

We will never know the future….till it arrives[]

To many unknown factors[?]

Wayne

Pin,

“Also concerning this “calls” business (3-6% per month). If it that good why isn’t every one doing it? and if some are making money from it there must be others loosing? so what is the score?”

You have idendified the problem with the strategy. You need someone on the other side of the trade. Who would purchase a call option with no…[Read more]

quote:
WayneL,

not sure but i think that project just got dumped didn’t it.

I was eagerly looking at Midland/Guildford if it went ahead tooHmmmmmmmmm oh well onwards and upwards

redwing

Oh damn!!! That area is close to my new home. (Stoneville)…..coulda kept a close eye on it all….ah, but alak alas, back to the drawing board.

quote:
BUT, beware the retiring baby boomer.

I have a lengthy report on demographical influenses on real estate prices. It covers this subject in detail.

The conclusion it reaches is that by about 2012-2015 there will be a chronic oversupply of housing.[][][]

quote:
Must admit I have noticed the same things about crashy and his posts, but his answers seem ok. Maybe he just doesn’t think about what he has said in the past, and leaves out pertinent info.
However, in his defence, those who write covered call options know how easy it is, in a short amount of time, to make 3-6% per month on quality shares,…

[Read more]

I didn’t really want to get involved in this thread at all, but a few of us here have gone a few rounds against the market. They have all been noticably questioning to say the least.

I have asked for a few of crashy’s assertions to be substantiated in various threads. Not one of my points has been addressed…..hmmmmmmmmmmm.

Sheesh Jim, what a fantastic and detailed post…tables an’ all. well done!!!

Boy am I glad to be a technical trader. Money management mathematics and option greeks is quite enough for this little black duck.

But great to see the effort to explain these complicated issues FULLY[]

Cheers Wayne

quote:
“I don’t understand much of it, but is that the sort of stuff I can expect to learn from your course?”

Yes that is one of the more basic strategies. wayne is correct in saying it is not as easy as it looks, but in my experience 2-3% return a month is a likely net return. wayne has not done my course so he cannot judge how well I explain…

[Read more]

Yeah saw that Richmond, disgusting isn’t it.

I would happily pay currents levels of tax if it was spent on stuff like that, plus education etc.

Cheers

quote:

Below is a response I received from another board member regarding investing $200K of drawn down equity:

“If you refinanced $200,000 and wrote covered calls on blue chip shares, you would be looking at about $4,000 to $8000 per month return. And if you used margin you can double that”

Hmmmmmmm, that sounds very high unless writing in…[Read more]

I would be quite prepared to creat a forum on my site for shares and/or other discussion. I also have nothing to sell, so no selfish ulterior motive……if there is any interest.

Cheers wayne

Westan,

If our taxes were reasonable, and/or wisely spent, I would agree with you.

But I think as neither of the above are true, that in fact the truth is the reverse; our governments are stealing from us to fund various forms of electoral bribery.

The less they can steal from me the better. But agree it should be done legally.

Is using…[Read more]

Perhaps I wouldn’t have worded it like Martin, but I have empathy with what he is saying.

Ignoring the tough questions seems to be quite common. Particularly by one of the posters in this very thread.

Now, I don’t want anyone thinking that I am getting all negative here, and I do think Martin should have phrased his thoughts a little more…[Read more]

quote:
No MLM for me, no i’ll take property any day thanks.
westan

When you think of the money it costs to run the business in the early stages, one could easily start a property investing business.

Another thing they tell you is that once the work is done, it’s done! and you can move on to a new leg. Well weston, yo and I know thats not…[Read more]

Ahhh Telstra!![xx(][!][][]

Gotta luv ’em!

Wayne[:0)]

http://netvantage.netfirms.com

Omegatrend is modelelled on Amway as I stated above.

I wents to find the site I was talking about but it seems amway has sooled its lawyers onto the site owner and he has pulled the site.

But here is a google search page with a number of mirror and similars…[Read more]

I was given a link that tells thr true story of network marketing. It was about Amway, but Loren Watts, the originator of Omegatrends was an Amway “Diamond Distributor” (yeah I got sucked into it about 10 years ago) I’ll try and find it and post it here.

A few comments based on the website and my own experiences.

*Yes, you can become extremely…[Read more]

quote:
Wayne.. ahhh the penny dropped ! []

quote:It means aim high, shoot for the stars, go for broke, and all those good things

..But if you aim for the ground, you may strike “OIL!” too LMAO !!! []

Regards,
Arty.

[]
“Why work to the age where you cant enjoy
what you have worked for !.” (Author: Me)

Oil?????Hey!!!!!! great idea!!!!

I’m…[Read more]

quote:
[Im still trying to work that one out… []
I have a confused look on my face..[]

And if you aim your spear at the sun, you have more chance of getting a spear lodged in your head LOL … []

Regards,
Arty.

[]
“Why work to the age where you cant enjoy
what you have worked for !.” (Author: Me)

Well, it made sense to the Greeks..ROFL.

It…[Read more]

This one is about tenacity:

Novice: “How is it that you are such a successful investor?”

Master: “I make good decisions!”

Novice: “How do you learn to make good decisions?”

Master: “Experience!”

Novice: “How do you become experienced?”

Master: “Making bad decisions!!!!!!!!!”

http://netvantage.netfirms.com