Originally posted by The Mortgage Adviser:
Options are an advanced and high risk strategy best left to more experienced investors. Wait until you have much more experience and can afford to lose your whole investment before attempting these.

Robert Bou-Hamdan
Mortgage Adviser

http://www.mortgagepackaging.com.au

FREE Finance-Related Newsletter – Click…[Read more]

<<There is a miniscule chance of you being profitable in options trading in 3 years (1-5%).>>

Yes, agree wholeheartedly. But the reason for this is mainly because people do not understand completely the pricing nuances of options (IE the Greeks)…even those who have done option courses…and it is ****ing difficult to get your head around.

I…[Read more]

Originally posted by obiwan:
this will sound like a wet blanket but I would not get involved in leveraged plays on the sharemarket (incl options) until I was profitable in nonleveraged investing and until I was well capitalised.

There are 3 retail investors in the options arena :
1. small speculators looking to make a fortune – they almost always…[Read more]

Mike,

Try to find books by Charles Cottle. If your brain doesn’t shoot out through your earholes first, he’ll give you a great understanding of how to actually trade them without losing your arse.

re Guy Bowers Book: Agree it is a good book for the basics.

… oh and Steve,

The PM is good

And I reckon the live chat could be a good idea too…easy and cheap to set up.

Originally posted by MortgageHunter:
I would like to see a section on Shares & Alternative Investments

We are unable to discuss shares at all on this site Rob due to limitations imposed by ASIC I believe.

I really don’t believe the ASIC line…but there are plenty of sharetrading forums anyway.

Rob,

I know of a few reasonable share forums,…[Read more]

Hey Rob,

Why lease options in preference to wraps? Any key reasons or is it because the word “wrap” has been sullied by a sensationalist media?

Cheers

Good work Rob!!!!

It IS time for Mr Jenman and followers to be as accountable for what they write, as they demand from others, rather than some of the totally emotive propoganda that spews forth from http://www.jenman.com.au

A lot of wrappers on this site are noteworthy (pelican and FW are a couple that come immediatly to mind) for a high ethical…[Read more]

Yeah Rob,

It’s different this time :-o

It is not a matter of fear. It is a matter of contingencies, my rhetorical friend.

Apocolypses seem to only happen once every few hundred thousand years, whereas depressions HAVE occurred roughly every seventy years since the onset of the industrial age.

A modest difference to say the least, don’t you think?

Have a great Christmas!

Originally posted by Monopoly:
I seriously doubt, and I don’t think you have to be an Einstein to figure it out….You’re not going to get a burst bubble or any market sh**ing itself BOTH at the same time….if that were true, we’d all be well and truly f***ed!!!! [eh]

The trouble is Eistein was no economist.

In the early ’30’s both property…[Read more]

Perth has always lagged the east by a year or more, so you would expect it still to be strong.

Up in the mundaring hills where I live, established huses have been steady over the last year, but vacant land has bolted to the upside. What was 140k last year is now >200k

Cheers

Originally posted by wilandel:

Wayne, just curious, do you invest there also?

Regards,

Del

No Del, but certainly worth a look based on what Rigby has shown us.

<<Canada is my Number 1 destination for a holiday…(ONE DAY) !!>>

You won’t be dissappointed! Pass on the US, go straight to Canada.

Cheers

<<voted by the UN as the best place in the world to live – it’s CANADA.>>

Ahh my home country. A fabulous place and magnificent people.

I’m envious Rigby.

Great stuff Alf,

That sounds more like the reality of NM and how to do it successfully…or as you point out, any business.

$80,000 a month within 2 years is a big number though. Is that verifiable?

oooh, you mercenary!!!! LOL

I’m glad it has never been necessary fro me to sell in a buyers market.

Rob,

I would never entertain a verbal offer. (other folks might) Offers must be in writing with a deposit before I dip my hand.

What would you do in this instance?

Just a point,

We have always put an expiry clause in the offer

E.g. This offer expires on midnight xx Dec or whatever.

That way if you are looking at another house, they can’t go and accept your offer after you have gone cold.

Oh, and here’s something for those obsessed with wealth priniples and $40 million mansions.

“One final paragraph of advice: Do not burn yourselves out. Be as I am — a reluctant enthusiast… a part-time crusader, a half-hearted fanatic. Save the other half of yourselves and your lives for pleasure and adventure. It is not enough to fight for…[Read more]

<<Wayne…(or is it Wine?)… you made me laugh this time !!>>

Do you mean “Whine”? If you do, that is a fairly petty and childish insult…quite beneath you.

<<The fact that you don’t recognise the wealth principles in what I write, and choose to be irritated by them, only confirms the making of your subconscious mind.>>

Oh I recognise “wealth…[Read more]