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  • Profile photo of wayneLwayneL
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    @waynel
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    Post Count: 585
    June 24, 2004 - 7:29 pm
    Originally posted by aussierogue:

    wayne – i hear perth is gonna be a ghost town in a few years when the water runs out.

    good time for you to buy the exclusive rights to distribute ‘evian’ in perth…

    (were jealous we lost my restrnnt rules)
    (is it still open by the way??)

    Hahaha, when I left Melbourne there was not a lot of water in the dams; we could both be in the same boat.

    Although…a little birdy told me that there is enough artesian water underneath us to last 1200 years! Just a tad more expensive to pump it up.

    Just my opinion: Perthites have little city syndrome. They want to be just like Melbourne and Sydney when they grow up, but they don’t realise that what they have is far better. So if the water thing scares a few people off, good!!!![cap]

    Re restaurant: I think they will find the going a little tougher from now on[evil4]

    Cheers

    http://www.tradingforaliving.info

    Profile photo of wayneLwayneL
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    @waynel
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    Post Count: 585
    June 24, 2004 - 7:21 am
    Originally posted by aussierogue:

    ive said it b4 and ill say it again…

    i dont know how you sydneysiders do it!!!

    come down south and visit the worlds most liveable city and release that pressure valve!!

    ….or, if you want to be able to drive from one side of the city to the other in less than 3 days, try Perth.

    Re: BRW article, I initially thought we’d see a 2-3 year decline. But my view is changing to favour the 10 years sideways but 20-30% down in real terms scenario… just like the ’70’s

    http://www.tradingforaliving.info

    Profile photo of wayneLwayneL
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    @waynel
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    June 19, 2004 - 9:20 am
    Originally posted by The Mortgage Adviser:

    By bringing the charts, I meant you might be able to bring us some luck and get some increasing rents.

    Oh well, here’s hoping.

    The Mortgage Adviser
    [email protected]
    Ph: 0414 347 771

    Comments made are of a general nature and should not be construed as advice to any particular individual.

    I didn’t realise that’s what you meant Rob, I’ll send them immediatley! LOL

    http://www.tradingforaliving.info

    Profile photo of wayneLwayneL
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    @waynel
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    June 19, 2004 - 2:36 am

    It won’t be necessary to bring my charts to Melbourne/Sydney, I believe you.

    But these cycles take a bit longer than a few months to play out, as you know. Give it a bit more time. The property market hasn’t corrected anywhere near what it will…either by crash or by an extended plateau, who knows. Property prices are still at boom levels even if they have come off a little bit.

    We have nowhere near entered the property doldrum phase where we will see rents starting to creep up as supply starts to dwindle.

    But you have highlighted an important point. The inverse corelation is not precise, there may be some degree of lag.

    Cheers

    http://www.tradingforaliving.info

    Profile photo of wayneLwayneL
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    @waynel
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    June 19, 2004 - 2:10 am

    LOL Monopoly,

    I shoulda kept my big mouth shut!!! I may have just sparked a further exodus of plumbers.

    I must admit, a quick perusal of the help wanted ads in my area of expertise has left me plotting out a C.V.

    But that would mean driving to work every day[ohno2]….”I think I better think it out again”…

    http://www.tradingforaliving.info

    Profile photo of wayneLwayneL
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    @waynel
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    June 19, 2004 - 1:59 am

    Yep,

    In booming markets, rents tend to grow less quickly, even stagnate, or go backwards slightly.

    In flat/down markets rents tend to grow more quickly.

    I have long term charts that illustrate this. As property prices oscillate about the long term value trend line, rent oscillates with an opposing cycle.

    http://www.tradingforaliving.info

    Profile photo of wayneLwayneL
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    @waynel
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    June 18, 2004 - 11:40 pm

    Speaking of pay rises, I hear plumbers around London are charging 90POUNDS an hour[shocked][shocked][shocked][shocked][shocked][shocked]…..If they happen to show up[blink]…Oh now you’ve got me saying it Monopoly!

    http://www.tradingforaliving.info

    Profile photo of wayneLwayneL
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    @waynel
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    June 18, 2004 - 11:14 pm
    Originally posted by Fern:

    What I’m getting at is there will be a hell of a lot less energy to go around, and at a very high cost COMPARED to oil.

    Fern, this is exactly the point the Pollyanna’s are missing.

    Even if there were some alternative, viable and cheap energy source. The cost and upheaval to change over, is well beyond peoples ability to comprehend. The lag time alone would cause financial armageddon in the worlds oil dependant economies.

    Far easier to put the head in the sand satirize the “doomsayers”[wacko]…not that anyone on this forum is like that[evil4]

    http://www.tradingforaliving.info

    Profile photo of wayneLwayneL
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    @waynel
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    June 15, 2004 - 6:35 am
    I didn’t feel I was enjoying life to the fullest without my favourite foods. And it was a lot of effort.

    My motto now is, I just eat and drink what I like, but eat the bad things in moderation.
    I like keeping it simple, no stressing about what I should or shouldn’t consume.

    Good comment Celivia. Eating healthily can be very stressful, and stress can override the benefits of good food. In company of friends we will eat some things that we normally wouldn’t, just to not be a pain in the arse.

    That said, I see many many Damascus Road conversions to healthy diet as people get older and start facing diet related health challenges.

    As far as my wife and I are concerned, we may not live any longer, but we have a better chance of a good quality of life, well into our dottage by making some important diet choices now.

    But each to his/her own.[exhappy]

    Cheers

    http://www.tradingforaliving.info

    Profile photo of wayneLwayneL
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    @waynel
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    June 14, 2004 - 4:17 pm
    Originally posted by wrappack:

    Best thing to drink – water or milk. At least if you are drinking milk you are getting heaps of nutrients, vitamins, etc, and at a fraction of the price.

    http://www.notmilk.com/kradjian.html

    http://www.tradingforaliving.info

    Profile photo of wayneLwayneL
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    @waynel
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    June 14, 2004 - 3:37 pm
    Originally posted by Nat R:

    Keep in mind if the price of petrol in Australia tripled (which is sort of what you would expect if oil tripled) then it would still be cheaper than petrol in the UK an most of Europe.

    Nat,

    You had better give your calculator a whack.

    A google search revealed the following:

    On 8-Jun-04 the price of the unleaded petrol in Britain was 80.9p per litre (at Tesco, Great Yarmouth, Norfolk).

    That roughly equals about 2.15AUD per litre at todays depressing exchange rate….slightly more than double. Nowhere near the more than triple that you claim.

    Also the particular site I found had this to say:

    Petrol prices on the European mainland are generally slightly lower than in Britain.

    I know you value accuracy highly, so I sure you will appreciate me bring this to your attention.

    http://www.tradingforaliving.info

    Profile photo of wayneLwayneL
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    @waynel
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    June 10, 2004 - 1:33 pm

    very poor journalism i thought[thumbsdownanim

    http://www.tradingforaliving.info

    Profile photo of wayneLwayneL
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    @waynel
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    June 9, 2004 - 3:49 pm

    >>Latham has not put forward any sustainable policy that would not require massive tax increases somewhere along the line.<<

    And property investors seem to be an easy mark at the moment. Recent actions lead me to believe that there may be an attempt to cool the property market via taxation rather than interest rates.

    Bahamas looking good Advisor!

    http://www.tradingforaliving.info

    Profile photo of wayneLwayneL
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    @waynel
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    June 8, 2004 - 9:58 am

    A bit of trivia for us pedants[specs]

    “The word ‘snobbery’ came into use for the first time in England during the 1820’s. It was said to derive from the habit of many Oxford and Cambridge colleges of writing sine nobilitate (without nobility) or ‘s.nob. next to names of ordinary students on examination lists in order to distinguish them from their aristocratic peers.

    In the words earliest days it was taken to mean someone without high status but quickly assumed it’s modern and almost diametrically opposed meaning: Someone offended by the lack of status in others. It was also clear that those who used the word were doing so perjoratively, to describe a process of discrimination they found regrettable and worthy of mockery.”

    Interesting eh!….er, well I found it interesting anyway. LOL

    http://www.tradingforaliving.info

    Profile photo of wayneLwayneL
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    @waynel
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    June 8, 2004 - 5:29 am

    hey Aussie,

    >>”When the crisis comes there will be enormous changes.”<<

    …and Prechters depression.

    Thanks for posting that. I think everybody should make contingency plans in case this does happen.

    We certainly are.

    Boy am I glad I don’t have to drive to work. Not that my ’64 beetle 1200 uses much juice anyway. LOL

    cheers

    http://www.tradingforaliving.info

    Profile photo of wayneLwayneL
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    @waynel
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    June 6, 2004 - 5:40 pm
    Originally posted by kay henry:
    [Wayne, as a matter of interest, you invest in IP’s, yes? I know you do shares also, but are you into property? Will you be buying in this flatter market, wayne? :)

    kay henry

    Kay,

    At present I don’t own any property at all. Sold up late last year. Missus owns three properties in England. Two 4 bed detached houses in Somerset, near Yeovil and an acre plot with a three bed detached in Horsham,West Sussex. She has been fortunate enough to inherit these and they won’t be sold.

    I do my investing on a risk/reward basis and my opinion is that there is more risk than potential reward at the moment. (Thats just the way I see it and everyone is of course fully entitled to disagree)

    However we are cashed up, waiting, watching… and when risk/reward becomes favorable we will be buying with ears pinned back…probably in the UK though. This way we can take advantage of the additional equity at our disposal…not to mention better yields.

    I suspect this could still be 2-3 years away.

    Meantime the stockmarket thing is chugging along to satisfaction, so feel absolutely no compulsion to buy now for funding retirement etc

    Cheers

    http://www.tradingforaliving.info

    Profile photo of wayneLwayneL
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    June 6, 2004 - 5:11 pm
    Originally posted by WallFlower:

    Girls! Girls! Girls!

    It’s all about sugar, Do you what epidemic is gripping the world right now, Diabeties !!!

    Unfortunately we eat way to many refined carbohydrates, yup, RICE PASTA BREAD TIM TAMS…all of it gets turned into sugar as soon as it hits our bodies and if we don’t burn it off it gets stored as fat. LOW FAT diets don’t work because even if you have a bowl of pasta with no fatty sauce, your still eating a bowl os sugar basically. Sugary drinks keep us addicted to that sugar hit you feel 2 minutes after having a drink and then, when your body comes of the sugar spike you feel drained and go and drink another one to pep you up again.
    As for Diet drinks….sorry to tell you that even though there is no ‘sugar’ in them your brain interprets the ‘sweetness’ as sugar and tells your pancreas to realease insulin in readiness for the sugar to hit your system. When the ‘sugar’ dosn’t arrive, your body is flodded with insulin that has nothing to do. This causes insulin resistance in your body which is bascially setting you up for diabeties.
    Don’t know it that’s actually true, but don’t i sound smart!![strum]

    I have done a lot of reading on this. The condition is known as Hypoglycemia or low blood sugar. Paradoxically it is caused by high sugar intake…exactly like Wallflower describes.

    It is a hidden epidemic and a lot of illnesses can be pinned on hypoglycemia as the precursor.

    Diet coke et al use synthetic sweeteners…which are known carcinogens.

    Enjoy :-/

    http://www.tradingforaliving.info

    Profile photo of wayneLwayneL
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    June 4, 2004 - 4:07 pm
    Originally posted by JetDollars:

    Some would say Property market would outperform shares market and vice versa, but the reality is depend on what property or shares you buy.

    If you buy AMP a few years back and comparing to buying property in Sydney then you know which one do better. But if you buy property in a none performance area comparing to performance shares then……

    Why not do both?

    Kind regards

    Jet Dollars
    [Retire Young, Retire Rich] [strum]

    Exactly, Chan! Agree 100%

    http://www.tradingforaliving.info

    Profile photo of wayneLwayneL
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    June 4, 2004 - 3:20 pm
    Originally posted by Monopoly:

    Originally posted by WallFlower:

    Hello..?
    how’s this for normal…
    Dishes sitting in sink
    Husband says ‘should i do the dishes’
    Wife says’ oh no, don’t worry, I’LL do them’
    Husband says’ok ‘ and goes and watches TV
    Wife doesn’t speak to husband for three days…
    You blokes just don’t get it…do you

    Hey Wallflower,

    Of course they don’t, they can’t; if they did they’d be women!!!
    Gotta love `em though!!! [biggrin]

    At least we can read a map! Ahahahahaha![jerry]

    http://www.tradingforaliving.info

    Profile photo of wayneLwayneL
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    @waynel
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    June 3, 2004 - 8:18 pm

    My wife thinks I know even less.
    But I know exactly how to get in trouble…just act normal. hehehehe

    http://www.tradingforaliving.info

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