Forum Replies Created
Well i thonk we are all a pack of amatuers, look at this post by Mel Bear that she wrote recently on another thread.
I would invest $4K into about 8 rabbits, returning (conservative) $4320 after about 13 months…. then I’d have my money back, and still make about $400 per annum. Cheers MelWhy would you invest in Shares or property ???
Come on Mel teach us how.[biggrin]
NO for me its not shares or property its RABBITS
regards westan
(New name Big Bunny).I live in New Zealand and for a fee find cash positive deals there, email me at [email protected] to join our database
Well as you are probably aware Wayne Gold-Eagle are the biggest Gold Bulls i’ve ever seen, they love these types of storys. I’ve been following them on and off for about 2 years one day there Gold predictions may come true. I just have trouble taking these guys seriously.
regards westan
I live in New Zealand and for a fee find cash positive deals there, email me at [email protected] to join our database
Hi Derek
if you look at the longer period say 25 years property still outperforms shares but the gap is closer.
I’ve been buying shares for twice as long as property, while i like shares i love the profits that i make in Property, thats why i invest to make money.
regards westan
I live in New Zealand and for a fee find cash positive deals there, email me at [email protected] to join our database
Hi SIS
there are heaps of Billionairres who have made their money from property.
For starters try Frank Lowey, he owns the Westfield Property empire his personal wealth is Billions. I remember reading the BRW top 100 wealthiest Aussies its amazing how many of them have joined the list through property, you should get a hold of it and have a look.
Hey i like shares but, name one who have made the list from share trading ? There aren’t any.
And the real reason people fail at trading is because its not as fool proof as the publicity material you read. Sure there are some winners but there are loosers also.
as far as the richest people in the world I think you will find that Bill Gates made his fortune buy owning Microsoft and taking the company public, not but investing in shares. Sure Buffett has done well, he is a legend and you and i might do well by studing his investing strategy, for the record Share trading is NOT one of them.regards westan
I live in New Zealand and for a fee find cash positive deals there, email me at [email protected] to join our database
Hi Guys
Rod thats correct a large windfarm project, there is also the manufacturing of some components which Caple Prince is building (I think), one other BIG thing in the pipe line is the prospect of a Huge Paper mill between Portland and Heywood, this would be a billion dollar project and may not happen for a decade but it was being talked about a while ago.
John Howard sorry i’m not aware of what you are talking about.regards westan
I live in New Zealand and for a fee find cash positive deals there, email me at [email protected] to join our database
Hi acey and shaun
i read these reports with interest but
they are usually written but broking ?investment houses that have a desire to talk down property in the hope that they can SELL their investment products.
Rememeber these are the same guys why were telling us to Buy stocks and getting a kickback from there recommendations.
I’m always careful of what salesmen tell me.regards westan
I live in New Zealand and for a fee find cash positive deals there, email me at [email protected] to join our database
Hi Guys
i agree with wayneL that we can’t expect to make too much from property in the next 5 years using the old strategies of buy and hold – and sit back and get richer and richer.
Like a few others on the forum i’ve done well from property , but i have to admitt a lot of the initial success was just being in the market, Of the properties i bought in 1997 i never dreamed that they would go up buy over 200%. I think the ones i’ve bought more recently (last 3 years) i can claim some more of the credit for what i’ve made.
By the way i’m not anti share, my father is a self funded retiree living of his invesments in the stockmarket, without his invesments he would be getting a part pension.regards westan
I live in New Zealand and for a fee find cash positive deals there, email me at [email protected] to join our database
Hi Leigh
Not too many nice deeds out there. I know someone who lent $20,000 interest free to a guy so he and his family could buy their first home. The homebuyer was able to find a great deal also.
regards westan
I live in New Zealand and for a fee find cash positive deals there, email me at [email protected] to join our database
Hi Rod
I’m with you on those comments and it will be the ones who think that trading is a sure thing that will be burnt the worst.
Take time to learn with small amounts of money.
regards westan
I live in New Zealand and for a fee find cash positive deals there, email me at [email protected] to join our database
Yes Jet this one has been all over the place, i’m still wanting to reply to erika’s post about 3 pages ago[confused2], by the time i do she will have forgotton what the conversation was. Oh well its all fun.
Lets reply now. Erika its not true that there is always warning that things are going bad. It happens all the time that a stock makes a shock announcement and suddenly it is worth half the value overnight HIH is the example you picked it is a classic it lost 50% in one day. As far as being smart enoughto see it comming come on , i’m sure you have lost a packet on some shares like myself and every other share trader i ‘ve ever met. If Gerry Harvey with all his billions didn’t see HIH comming (he lost millions on it)how can they average investor.
Would it help if i prepared a list of stocks that lost over 50% overnight.
regards westanI live in New Zealand and for a fee find cash positive deals there, email me at [email protected] to join our database
congratulations PG
look forward to seeing lots of little property guru’s.
Is Jetdollars for real ?????
westan
I live in New Zealand and for a fee find cash positive deals there, email me at [email protected] to join our database
Hi Michael
thanks for your thoughts on this topic, i really appreciate your contribution to the forum. You bring a how new expertise to the discussion.
regards westan
I live in New Zealand and for a fee find cash positive deals there, email me at [email protected] to join our database
Hi all
Shares are as safe as houses if you go in with an open mind, do your research & select good companies – based on their management & approach. And you can call the CEOs or executive management of listed companies, you just need to pick the smaller caps who are more approachable.Sorry acey whatever happened to HIH, AMP, NAB, onetel, Air New Zealand, Pasminco, Harris scarfe, Not to mention all those ones in the States. Nope you can have all the info in the world and still not pick them. As far as the small caps go the list would be even bigger. Not too many homes i’ve bought are worth $0 today, in fact none of them. Actually all of them are worth more than i paid for them, wish picking stocks was so easy.
regards westan
I live in New Zealand and for a fee find cash positive deals there, email me at [email protected] to join our database
Hi Steve
how about Balclutha in New Zealand ??
actually why don’t you realse book ONE in NZ as the strategies are all applicable here.
Anyway all the best with the book, i look forward to it.
regards westan
I live in New Zealand and for a fee find cash positive deals there, email me at [email protected] to join our database
Hi malachii
do you have landlord insurance?
Sorry to say it now but we should always have landlord insurance.
regards westan
I live in New Zealand and for a fee find cash positive deals there, email me at [email protected] to join our database
Hi peter
i’m with the others, don’t feel the need to rush in, as i feel prices will not be rising for a while, but you might get it cheaper if you wait. It certainly is the time to be doing your homework. Perhaps get the Australian property investor magazine http://www.apimagazine.com.au it will give you a real feel for the market, as will using real estate sites like realestate.com.au.
regards westan
I live in New Zealand and for a fee find cash positive deals there, email me at [email protected] to join our database
Hi Alex
i’ve never sold without an agent. But i’ve bought a few that were for sale privately and on all occasions they got way under what an agent would have got for them. So i’d make sure you know the real value of your home. Don’t try to save $6,000 and end up selling it for 15k below market.
regards westan
I live in New Zealand and for a fee find cash positive deals there, email me at [email protected] to join our database
Hi guys
Wayne i’m with you on that one, but more importantly as you say “have your affairs arranged accordingly”. I used to have a friend who said “you have to back your judgement”. While i partly agreed i’m not smart enough to get it right all the time. So i’d go with my judgement but build in as much “insurance” as i could incase i was wrong.
regards westan
I live in New Zealand and for a fee find cash positive deals there, email me at [email protected] to join our database
Hey Yack the rise was only 1/10 of a percent.
On another matter i’d love fixing my loans for 15 years at 5.49 %
regards westan
I live in New Zealand and for a fee find cash positive deals there, email me at [email protected] to join our database
Hi purplekiss
yes they want to see your income profile. It’s the same as what banks do in oz.
regards westan
I live in New Zealand and for a fee find cash positive deals there, email me at [email protected] to join our database
