One of the books I’ve been reading recommends buying a financial calculator to calculate cashflows, compound interest, etc.
The models I’ve come up with are the Sharp EL733A & EL735 and the Casio FC100 & FC200.
Has anyone had any experience with these units, and do they have any recommendations?
Or is it just as conveninent to rely on lookup tables (prepared at home) for the two most important variables (loan payments and after cost rental income) and use an ordinary calculator instead?
Hi everybody,
Peter, I would recomend to use Casio rather than HP. Its true that to use Casio is not easy, but it has many functions. And when you purchase Casio finacial calculator it comes with “Finacial Consultant” – fully guided instruction book.
In my place (Malaysia) new Casio FC-100 costs $60, Casio FC-200 costs $97 and Casio FC-1000 costs $310
For further info plz, contact [email protected]
bye
I recommend the HP 10B and if the instructions daunt you I can give you some easy step by step to give you the answers you need. contact me at [email protected]
Anothre option is to jump onto Stuart O’Neills http://www.guerrillarealestate.com.au/Gshop/shop/ and he sells property calculators. They takes all the unnecessary buttons away and only leave the property ones….Great for a simple guy like me.
Enjoy
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(Andrew)
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Has anyone tried buying one duty free? Or should I just buy one from DS or OW or HN or HP? etc..
I might add though, that at our table, during the seminar, we had 1 financial calculator and approx 8 people sitting at the table who didn’t know how to use it [:0)][]
A good alternative (for me anyway) is a pocket PC or palm pilot.
I have loaded an excel spreadsheet in so all one has to do is enter the numbers.
I am pretty sure that there are also programs available. I had one that kept details of purchase price, outgoings, income, inventory etc but it didnt give cashflow analysis.
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