Forum Replies Created
“double or nothing”
does that mean we have to find a six litre bottle?
Come on bear!
Long Telstra!!!!!
Ever thoought of a name change to BAA as in Sheep?
Ahhh . memories of Telstra 2. Did you know that for the first 30 odd days there was a buyer guaranteeing the price. It’s like a concession bet at the dogs – money back for second. But in this case there were only 2 runners!
Mr William From Australia Esq.,
Say a Yalumba Signature, 1998? 3 litres of course! none of this woozing with 750 ml bottles.
Gladly come to the National Capital to deliver and meet!
By the way aren’t we a nett importer from China?
As for 10% I feel you are a tad conservative however the carnage even at 10% will present some good buys!
A bottle of GOOD red says the “market” i.e. ASX 200, FTSE 100 and DOW will be lower six months from now than they are at the last respective close.
A further good bottle says that DOW is closer to 4000 than 9600 on 10 October 2008.
Any side bets forumites?
Be Told ….
VCR was not good … for them!
On the other hand my creditors wish to thank them for allowing me the oppurtinity to deal with them.
Forget what they gave me for some of my position – high 300’s from memory.
Onwards and upwards we only have 100 charts to look at now. Play hard trade harder!
Let us not forget when the Barings bank failed was anyobdy bailed out! It was a bank and had been going for hundreds of years.
Even Rails Bookmakers have defaulted on their on their bets.
How do you think they will go if the Dow moves a quick 1000 in a night. Will you be waiting forever for a fill? How wide will their spreads be then?
The house was withdrawn from sale because they were given an adress of the owner.
Apparentley the owner bit his wife on the nose and as a direct result of this his address is care of her majesty somewhere so they apparently have to write to him to see if he wants to pay the 5k rates and keep the house.
Hard to raise that sum of cash when you are eating porridge!
In the meantime the garden overgrows and the council will probably have another go in the future in selling it.
What does your package include?
Super, Car, allowances?
The ATO website will tell you how much is paid out in PAYG tax.
Under the “new” NSW rules that are meant to tidy up these sorts of false bids no doubt the phone box registered itself as a bidder and declared if it was buying as principal or as an agent …..
Yes I have had exchange and settlement clauses altered once to allow a release of the deposit so that the vendor could buy something else and in return an extra two weeks to settle.
Having said that the concept of an auction is an undoable deal there and then. No weasel words in the contract …. more stiff upper lip and reminicent of the motto of the London Stock Exchange …. “my word is my bond” ….
But the index is 1 %
DANGERMOUSE stuff!
Come on what’s wrong with 10 percent. The equity boys want 30 %. We just got spoilt for a while!
The concept of Auction is that the deal is finalised at the fall of the hammer. There is no room for weasel words to get out of it. The hammer falls and it is yours. Sign the contract on the spot and give them the cheque.
Exactly half way between Sydney and Melbourne on the railway line about 35k north of Wagga Wagga, the largest inland town in NSW
It was 10% when they started and they halved it to 5% on the 16th Jan 2003 but the most annoying thing is that they are now only the ASX 100 instead of the ASX 200 and a lot of yummy situtations are not tradable
Many stockbrokers and other financiers will lend against the shares up to 70% of their market value and take the shares as collateral.
Financiers regard my dividends as income especially if it is income from the bank doing the finance!
In the town I am thinking about, Junee, near Wagga there are two banks with full branches in town, the Elephant and the ANZ.
They are very keen to lend money for property in town at the sale price on an 80% LVR. This also applies to investment propertys so finance should not be an issue
There is a point at which this credit binge will end and rates will go up. Prudence would suggest to many people at this time that it would be handy to seriously think about how you will reduce your total debt.
Rates cannot stay this low for ever. Come Nov next year when George W has to let rates rise it will be carnage and cash will be king!
Have a look on the ATO website. It has a number of documents about rental properties and what is claimable and what is not
Each to their own …..
But when the great crash comes, the dow is one tenth of what it is today and 1929 looks like good times I for one would rather not have the debt.
How many forumites have vivid recall of October and November 1987 and its effects on property prices?
Start reading the court cases on property owners defaulting on settlements. The courts are being ruthless with the defaulters. A day is a day and a deal is a deal.
The inflated credit binge will come to an end, its not a matter if but when and all these high negative geared holders will fully understand the concept of leverage works two ways.
Then the 11 second rule will apply to prime Sydney properties.
For probably the best referal on Mr Kaye have a look at the ASIC website.
He has recieved a number of mentions there and they are having a deep and meaningful diacusssion with him and a judge in a few weeks
Take advice from one who knows
Tie your tightie to your toes
signed
mother of ten
