thanks rugby fan [8D]

now i’m an expert.[]

we aren’t actually going to the game just his house, but i would like to go, that stadium carrisbrook is only 500 meters for an IP i own in dunedin. i think i might have to go for the highlanders then.
i spend half my time stiring up the locals but something serious like rugby i’d better be smart and go with them .
i’m 39 years old and used to be fast, is touch rugby something an old timer could take up ? or will it kill me (touch is very popular down here in Balclutha).
regards westan

I find +ve cashflow deals in New Zealand which I sell to other investors. To be on my database send an e-mail to [email protected]

hi mel

yes you can buy insurance on shares it’svcalled buying options and it can be a good strategy for the experienced investor, but as with all insurances there is a cost so it dilutes your return. and contrary to someone else’s comments i do know the difference between writing and buying option.
regarding the asx data it is historical data from previous returns, they cannot put in data for the future. it is an uncertainty.
anyway back to the original question is it all over , i’ve bought 2 houses in the past week.
westan

I find +ve cashflow deals in New Zealand which I sell to other investors. To be on my database send an e-mail to [email protected]

Hi all
i never expected to be able to use my Degree in Theology on this forum but it cetainly comes in handy soemtimes.

the quote as has been mentioned comes from Paul in this letter to Timothy (1 Tim 6:10) and as Melbear has said a closer translation is of the Greek (originally written) is “The love of money is a root of all kinds of evil”, the passage talks about being content and how people who want to be rich fall into temptation and are trapped by many senseless desires that plunge people into ruin.
The message of Jesus is that we should be more concerned with the eternal things like our soul rather than temporary things such as money. Money in itself is only a tool and cannot be good or evil it is a way that it is used that is important.

so ends todays lesson
regards westan

I find +ve cashflow deals in New Zealand which I sell to other investors. To be on my database send an e-mail to [email protected]

Hi Chan

i had mine turned off by mistake, just realised it since you bought it up. i thought that it didn’t show yourself on the list ??? [8]

bye westan

I find +ve cashflow deals in New Zealand which I sell to other investors. To be on my database send an e-mail to [email protected]

yes Tzaki

that was a good slip wasn’t it.[]

but while we are at it you made two
Comming is actually coming
and ferral is actually feral.

welcome to the forum, please don’t check my spelling too closely i’m a shocker.

westan

I find +ve cashflow deals in New Zealand which I sell to other investors. To be on my database send an e-mail to [email protected]

Hey what if in the year you sold all your NZ assets you moved there for a holiday and became a NZ tax payer, then you wouldn’t pay CGT ?? (not my stategy).
and Bryce with a trust all the profit must be disributed at the end of each financial year so the tax would need to be paid by the benificiaries.

regards westan

I find +ve cashflow deals in New Zealand which I sell to other investors. To be on my database send an e-mail to [email protected]

Yes Yack

i am with you an that one i wouldn’t be investing in my old stamping grounds of regional centers in Vic and SA. On the other hand i’m happy to hold about 12 properties left in OZ. by the way i love driving around looking for properties and i love spreading my risk, there are great opportunities in other peoples backyards, half the time they don’t even realise it. But some of my best investments have been given to me by locals who say you should invest here because Blaa blaa and they were right but they didn’t do it themselves. oh well at dinner parties they can say i knew this place would take off. i was just taking with Janine my wife about this yesterday, how so many people can see what to do but don’t do it, even real estate agents (they are the worst sometimes).
i’m not so certain about interest rates, long term though, we could even see it drop again, i know this is not the popular view. (am i just an optimist)?
Where to put your money in 2004 , Gee even the stock market looks pricey. i’m not rushing there. nothing again stocks i have been investing in them for longer than property, but i prefer to keep my money in property nowdays

regards westan

I find +ve cashflow deals in New Zealand which I sell to other investors. To be on my database send an e-mail to [email protected]

Hi Guys

isn’t it funny how a lot of uneducated people (no Degrees etc) have been out there doing it and making buckets of cash and the educated elite have been sitting on there backside commenting on the developments.[?] I see this happening all the time. I used to work in a school and all the educated teachers have been seeing what i’ve been doing investing big over the past 7 years and a lot were saying it’s too risky, but others were saying they should do the same. But not one of them ever invested. They all saw my journey, i arrive broke 7 years ago and then 7 years later retire at 39yrs old. I think being smart (educated smart) sometimes gets in the way of making decisions. As georgisj said often being street smart is the best thing.
Yack just out of interest would you have been telling people that investing in The Pines was a bad move 7 years ago ? i suspect you would have. And i too don’t have much time for financial advisers. I have shared this on the forum a few times, when i started investing 7 years ago i went and spoke to an accountant/finance adviser to find out all the tax intricacies about property. I explained my strategy of buying houses for 30k that rent for 100pw puting $40 pw in my pocket. He advised not to do it.[] i still have the receipt for $75 which i paid for that advice. Lucky i didn’t take his advise.[:o)] I also found it interesting that a few years ago (it may have changed now) financial advisers didn’t even do a unit on property.[8]

regards westan

I find +ve cashflow deals in New Zealand which I sell to other investors. To be on my database send an e-mail to [email protected]

Hi Philip

i can’t help but there are many here who can, half of Tokoroa is owned by people on this forum.[]

Philip i think you and i are about the only ones who don’t own there.

regards westan

I find +ve cashflow deals in New Zealand which I sell to other investors. To be on my database send an e-mail to [email protected]

Hi Mel

with all due respect

“if you do your research (as with property) it is possible to see these ‘problems’ coming.”

i don’t think the Packers the Murdocks (one tel) or Gerry Harvey (HIH) are mugs, they didn’t see it coming !!!!

all the research in the world doesn’t help with some stocks. Sometimes events just happen that can kill a company. I don’t think it is as simple as saying you can see it coming. Did investors in Arthur Anderson see that one?? It does happen overnight a good company can go Bust, for many reasons that sometoime aren’t obvious before hand.

regards westan

I find +ve cashflow deals in New Zealand which I sell to other investors. To be on my database send an e-mail to [email protected]