If I aim my spear at the sun, I may only strike eagle.
But if I aim my spear at a snake, I may only strike a rock.
Ancient Greek Proverb

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I’m going home to Perth next month, and I cant wait.

Been homesick for 15 years……

Welcome back Steph[]

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****** STAND BACK PEOPLE !!! *****

THE TESTOSTERONE IS GONNA BLOW!!!!!!! hahahahaha

Come on fellas…lighten up. If we cant agree like adults..are we gonna get all pi$$y and pout in the corner? I think not..

Now…the BBQ….november sometime. A kid friendly atmoshpere….a park….half naked male slaves…maybe Steve can shout the…

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Ahh the talk of the 87 crash …..

One of Australia’s great investors when asked how he felt on the morning he woke to find the Dow down 500 he said that he “slept like a baby”

Slept, woke up, cried, slept, woke up, cried, slept, woke up, cried ….

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Haha, I like that one xyzzy

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Be told as someone that has been in the…

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it’s about paying $30 for yesterday’s news. And if you concede that finding deposits for multiple properties is beyond the reach of the average mum and dad investor, and finding a property that nets in the region of 10.4% CoCR is nigh on impossible, then you’d have to agree Steve’s book is not that helpful as that is the basis of the who…

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g’day wayne – yeah i know. its called forum fatigue.

LOL, I hear you.

I’m just trying to get my posts up so I can get my 3 silver stars, so forgive me in the future for repetitive waffle[]

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Aussierogue,

Thanks for the input buddy.

But if you look there are plenty of new* members of this forum, who haven’t read it all 300 times like you have.

Invented the wheel?? LOL. Its all just part of the cycle[]. Its all happened before a hundred times.

Wayne

http://netvantage.netfirms.com

“Be careful not step on the flowers when you’re looking at the stars.”

Sue, I just love that quote.

Re: share investing.

If you want to invest long term, read the book “Buffetology”. There is no better. It basically teaches you to look for value in the sharemarket(you won’t find much value atm[] unless you look real hard), and view the shares…[Read more]

quote:
Saying that share are more liquid doesn’t help you too much if you wake up in the morning and see “$250,000 investments crash to about $110,000 within an hour of the market opening”! No matter how quick you are you are likely to incur a massive hit in those type of circumstances.

This is very true housesonly.

But if we examine the p…[Read more]

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Tell it brother!!!

Most don’t want to hear. All the better for those waiting for the right time.

If you look back at all the topics relating to this very issue, they don’t get read nearly as much as the others, and even less discussion.

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putting my dough into shares

I have concerns about the stock market as well. As billfromoz…[Read more]

I believe you can lodge a section 27 statement (in victoria) to possibly get the funds. And as AD said the buyer must approve.

Your conveyancer will be able to help.

Wayne

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Surely lodging a caveat will be sufficient to encourage the vendors to settle with the fist buyer.

The second buyer will not be able to settle with the caveat in place. Am I right?

This should prevent the need for litigation. As Billfromoz has indicated, this will be no more than a few hundred dollars.

The second buyer will of course have…[Read more]

Don’t forget exchange rate risk also.

[xx(]

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Billfromoz,

I totally agree with your “blood in the streets” scenario.

But I was interested in your comments re wrapping also only being good in a rising market. Can you expand on this statement and explain why please.

My thoughts are as follows (based on many hours of inexperience[][]):

I was considering wrapping as a hedge against…[Read more]

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Muppet and Betty, []

Thanks for that, I didnt know that they got such a high percent.

Spare a thought for landlords in the UK. Pommie property managers charge 12.5%-15%[]

However it must be said that gross yields are generally higher there.

WAyne

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BTW

what’s the difference between a baby and a seagull?

*********************

One flits along the shore, and the other……

[}][]
Wayne

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The Taoists regard seriousness as a sign of spiritual immaturity.

My own opinion is that life is too short. A bit of a riddle and a bit of a laugh never hurt anyone.

Cheers[]

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Midland WA and surrounds….a multimillion $ redevelopment of the commercial district planned.

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Of course, you can be like all the failed sharetraders and write an online course, sell for $500 and keep the lot!

(Oh I am cynical aren’t I[}])

Cheers
Wayne

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Ah c’mon Fullout! what wrong with a good old fashioned dust-up?

It certainly exposes some myths, prejudices and BS. (doesn’t seem to change many peoples mind though; hmmmmmmmmmm)

But for those who listen and learn, its been a good debate. I’ve certainly picked up some useful points about property that I had not thought…[Read more]