The easiest and safest way to make money

Put your funds in a cash management trust.

Hi all

How about have children -from what i hear there could be a few dollars in it. ( a few years too late Thanks Mr Costello).

Kay that saying “60% destitute and living on the pension”, what would there position be if there was no pension, maybe for some it would be destitute.

i think the best and safest way is to buy cash positive homes that will appreciate in value. Buy in a coountry that has no stamp duty and no capital gains tax, You can then buy investment properties that you can fix up and pay no capital gains tax.

And the idea of a Job (yuk, why prostitute yourself in working for someone who will tell you what to do all day,start your own business). WEhy give to someone else your most creative and energetic years of your life.

Sorry a bit off hyperbole from me, (just to make a point).

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]

And best of all, is what we are all trying to do….let our money work for us not us work for our money./…..an oldie but a goodie
I am of course EZY with the concept of sitting back and watching my money grow[buz3]

Hi westan,

Can I ask how old you are?

I noticed in a previous post you only just stopped working for a boss this year…

I guess hindsight is always 20/20 [blush2]

Best wishes,

Jay

westan )

I copmpletely agree that we should have a pension- absolutely! My query was about the use of that statistic. It’s derived from the 1996 census, and I think people should be updating their data. I do know that those kind of statistics have been used to scare people into get rich quick programs.

Well, if a job is all about prostitution, then just call me a big ol’ hooker )) Tell me, why would anyone bother to become trained or skilled in any area if they didn’t want to do that during their lives? Carpenter, mechanic, librarian… perhaps these people love wood, cars, books… Why are we prostitutes because we love what we do? Guess it’s good to be a happy hooker though, than a sad one.

kay henry

Hi Ezy.home.loans,

personally, for me its how quickly i can move money around, the faster i can move money around, the more money that can be made, for example…

the money goes in one deal, and then comes out again, but at the same time, so does the profit, move on to the next deal and keep putting money in, and then taking it out and collecting the profit at the same time…

… honestly i dont know, but the faster i can move money around, the quicker it grows quickly, but all the profits that can be taken and grabbed along the way too, are reinvested as fast as they are taken out…

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 no one has a great idea yet…let me tell you how to save money you didn’t know you had , its simple and effective.
just an [e.g.] if you go shopping with $200 dollars in your pocket and expect to spend the lot
look for bargains [say] a new pair of shoes selling at $80 on sale for $50 ..take the $80 from pocket A and put the savings $30 in pocket B
do the same with all your purchases only using the money you started with in pocket A…over the course of the day you might have saved $100 which is now in pocket B do not spend this as it is now a bonus savings ..You have bought exacly what you wanted and saved $100 over a year if you saved this amount you would now have $5200 in your pocket B its that EZY.[buz2]a fortune is waiting to be found in your own pockets.[specool]A.

…until it ends.

http://www.tradingforaliving.info

another quick example is…

theres a person who buys a property, puts $20k in to purchase a $100k property… property goes boom, and the person holds on…

ideally, i would take my profits and run and reinvest it into the next boom, now i have both my profits to invest with, but also my orginal capital to begin with… and then with a little diversification and reinvesting…

try to time and grab the next boom and repeating what im doing…

but if you just simply hold on, and hold on to the capital gains your making, but dont make any move to sell, soon or later you will realise, that the boom will be over and prices all around you will have crept up, and that your money is now, useless due to the increase in price in everything…

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

hi all

to answer a few questions
Jay and celivia and kay
i’m 40 (yuk i hate too say that just turned 40 a few weeks ago, 39 now sounds so young).
Celivia said
If you ‘sell’ your time to make the world a better place, or to safely make money, using your creativity, why would that be a bad thing to do?
i agree 100%, it certainly isn’t a bad thing at all. and to the other points i agree with you ladies. However if people are employed in jobs they no longer enjoy there are many other options. Far better doing something you like (even if you are paid less) than doing a high payed job you hate, but stick at it because you are captured by the money.
i’m the first to agree that money shouldn’t be the basis of what you do for work. i worked for 7 years doing work that was low paid.
i was more making a point don’t waste your life in a job especially if its not your passion or help you achieve your passion. if you are just doing it for the money there are better ways to make money.

Wayne L , good to see you back on the forum, always enjoy your contributions.

SiS i’m with the others here, what are you doing, all this shifting the money as fast as you can sound sorta expensive to me, all the entry costs exist costs, i want to sell more but i’ll wait for the next financial year and get the tax benifits, i think kay has a good point about the 50% exemption for holding for one year.

SIS if you want to move the $$$ around look for a country that has low entry cost (no Stamp duty) and no CGT.

regards westan