quote:

Put writing can be an effective way of buying stock at a discount as I have already shown. Yes, some foolish traders go nuts with the leverage and get blown up, but thats not the options fault.

Ahem, you are not in fact buying the stock at a discount if your written put is exersized. Not withstanding the premium income recieved, You are…[Read more]

OK sorry Guys,

It was contained in an email I get from Jenman, so thought it was new.

Cheers

http://netvantage.netfirms.com

Wow this topic has been busy whilst I have been off enjoying my Sunday.

A lot of good points on both sides of the argument, it is now to complex to comment without writing a book!!!

Anyways, R kiysaki is often quoted on this forum so if a may paraphrase an excellent point made by RK; and that is everybody has a different reality.

If you believe…[Read more]

PS Hope I don’t come over as a bit terse!!

Just like the facts to be presented, so lots of these ok!

[][][][][][][][][][][][]
[:0)]

http://netvantage.netfirms.com

Firstly, I am all for property investment, so in picking you up on these points I am not bagging property ok! But obviously I like shares, I make a living from them, so i will address the points one at a time:

1) Shares are more risky because they can go down to almost nothing.

One company may go broke but ever heard of diversification? Imagine…[Read more]

Oh MiniMogul!!! I just have to address some of the points you made. Havn’t got time right now but a lot of your point just are not accurate.

Wayne

http://netvantage.netfirms.com

Peter,

That really is great advice.

Do you mind if I put that on my website, with credits to your good self?

email me [] lingrove@iprimus.com.au

Cheers
Wayne

http://netvantage.netfirms.com

quote:
The cheapest brokerage is in fact zero, that’s correct zero AND they will lend you 95% of the money but only on ASX 200 stocks.

try dealforfree.com.au

True, xyzzy.

But free effective brokerage only realy applies to the biggest stocks. On the smaller more volitile stocks the wider spreads will cost you more than brokerage.

But I don’t…[Read more]

quote:
oh great shares gurus,

a friend of mine is doing great with this and says I should stick 100 bucks in it or 20 euros and try it for a while until i feel comfortable….

https://www.comshares.com

You can’t join up unless you have a referral. I can join under him. What do you think????

They are returning 1 -2 percent per day.

sounds too…

[Read more]

quote:

I’m not sure what you expect from an online broker Wayne. The best broker is the cheapest broker if you are buying on line, as you don’t expect any advice.

Jim,

You may wish to have a contingency order capability such as offered by http://www.aotonline.com.au …or perhaps dynamic data, up to the second newswires and a multiwindow trading…[Read more]

Arty,

It depends on the number of trades per month and the amount of each individual trade.

The cheapest isn’t always the least expensive, depending on what you want from your broker.

Some others to check out:
http://www.quicktrade.com.au
http://www.hsbc.com.au
http://www.etrade.com.au

Also a really good site to compare prices and features of all online brokers…[Read more]

Good work Paul!

Thank you[]

Cheers
Wayne

http://netvantage.netfirms.com

Here is another take on the speech from Rupies mob:

http://www.news.com.au/common/story_page/0,4057,7296701%255E2,00.html

Wayne

http://netvantage.netfirms.com

Hi Dallas,

I went to one here in victoria last year.

Agree with your points, but there is a sales pitch involved, abeit very subtle.

1/To promote “Jenman Approved” by bagging all others (in most cases quite justifiably). The seminars are financed by none other than the local Jenman Approved agent.

2/To recruit agent’s representitive…[Read more]

quote:
Valuer General doesn’t have a web site as far as I am aware. Some info can be found through http://www.dola.wa.gov.au and http://www.reiwa.com.au

Thanks[]

Wayne

http://netvantage.netfirms.com

quote:
Steve to the rescue!

Still, here… just about to upload a free bonus chapter from the book re: mitigating investment risk.

OK, now I am sold Steve. I will definately purchase that book.

Risk mitigation has been topic foremost in my mind with regards to property investment in this current climate.

An extremely important topic…well…[Read more]

quote:
Valuer General (fax 0894298460) in WA will fax back last purchase date/price on a particular property and sales values of 70 others for $14 or 110 properties by e.mail for $22. The “other” properties can be split over two areas ie 35 around two different properties. My search yesterday was answered within 1/2 hour.

Judith, is there a…[Read more]

There has been heaps of discussion about the bubble bursting.

All those predicting it,(including me) will be right…..one of these days. Even a broken clock is correct twice a day![]

What makes me think that it won’t happen just yet, is the fact that all the financial comentators are preaching a fall in property prices.

Standard contrarian…[Read more]

quote:
Chee
I agree with what you are saying but there is only one problem. Because of the property bubble there are no “affordable new quality properties in good locations” left. The trick is not to overpay and at the moment every property on the market will cause the buyer to overpay. Sure some will still grow from this high base, but they are…

[Read more]

In Victoria’ I believe you can get a record of all sales going back 20 years or something.

A friend of mine said it is available from the Dept. of Mines..???????

That is if my memory serves me correctly.[?]

I remember it was from a completely unexpected source.

Wayne