“domino theory”

So sis

What do you want from us to tell us what you define as the domino theory?

I did some searching on yahoo while listening to the footy last night.

All i found was some political theory around vietnam about if one country becomes communist so too will the ones next to it etc.

So as the others are not totally correct. does it have anything to do with you having had some success that your friends and family too want to be involved and you have gone into a joint venture with them. You go halfs and they go guantor on whole loan.

So as you succeed more people want to get involved – hence a domino effect.

Domino theory ? Or should that be called the ‘Sheep follow the leader theory’ ?

Buy a +ve cashflow property, write about it by saying what a wonderfull buy it was, others will follow suit and in the process drive up the prices as more and more start looking in that area.

??????

Pisces

<<<<<<<Domino theory ? Or should that be called the ‘Sheep follow the leader theory’ ?

Buy a +ve cashflow property, write about it by saying what a wonderfull buy it was, others will follow suit and in the process drive up the prices as more and more start looking in that area.>>>>>>>>>>>>>

Your not implying thats the premise of this web site are you. Buy 130 houses, write how easy it was in a rising market, sell concept in stagnant market etc etc.

Well maybe you are…..[evo]

Hi Pisces and RussH,

Good Guess, but not correct,

If you read what Redwing said in another post… link (last post) he is on the ball, but also not correct, but is the closest by far…

…yet, in another post that Chan posted…

… Chan, knows what “domino effect” is, and when i did first tell him, he understood it, but was surprised how easy it is, but there is alot of risk involved…

People 4get that by saving just $3 a day & investing it sensibly
over a working life, you’ll end up with around $1 million

when i say high risk your property is on the line…

… no strings, no insurance, the property is put on the line….

…. if it goes wrong, you will lose your property, and this is why it is called domino effect…

People who do use the domino effect are mainly property traders… that why, in an earlier post

…you can almost say its like playing shares… (in the high risk and exposure manner)

Cheers,
sis

People 4get that by saving just $3 a day & investing it sensibly
over a working life, you’ll end up with around $1 million

sis,

Given that you’ve just started using this term, did you have it in mind when you bought your 12 IP’s? Or is it just a new thing that you’ll use for future purchases? Did you study the concept at TAFE or did you make it up?

kay henry

Hi Yack,

lol… the answer is there, but not all of it, its that little bit, that im willing not to tell… lol

but give it a few mins, couple of hours or talk with some friends and im sure you will know it…

Hi Kay,

had known about it for a long time, didnt have it in mind when i first started off, but after getting deeper involved into property, and wanting to purchase more, is when i really took a real learning to how domino effect works, i do use it, but only on selected properties.

…lol, they dont teach this at tafe, not being critical about tafes, unis and schools, but they dont teach you how to really invest, but instead the opposite…

Cheers,
sis

People 4get that by saving just $3 a day & investing it sensibly
over a working life, you’ll end up with around $1 million

so sis, referring to redwing’s post… the “domino theory/effect” is actually about using a guarantor because you don’t have enough deposit, working, buying properties, and using equity from one to buy another?

Ummmm… isn’t that what we all do (the bits after the guarantor)?

kay henry

*turns him upside down and shakes him vigourously to try and help the domino, which has become stuck, come out*

No offence taken about school, TAFE and uni, sis I know they’re pretty old-fashioned/conservative in what they teach re economics/finance.

Is thing thing you’re talking about got to do with what you and I discussed one night at the pub? How oyu buy properties and they can each increase by 10% and then you use that 100% (10% X 10 properties) to buy another one outright from equity?

kay henry