[AceyduceyParticipant@aceyduceyJoin Date: 2003Post Count: 651]

January 15, 2005 - 1:39 pm

Personally I also dislike the green underlining as it does reek of presenting the impression that the poster endorses whatever Stev is advertising.

Personally I’d be happy to see a banner advertisement or even google search styled text ads that are contextual to the thread but separated from individual posts such that it’s clear what is and isn’t site-based advertising as opposed to individual investor endorsements.

However at the end of the day this is Stev’s site and anyone who dislikes it can simply vote with their keyboard and misspell all words with ad links.

Cheers,

Aceyducey

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In theory, there is no difference between theory and practice. But, in practice, there is.

– Jan L.A. van de Snepscheut

[AceyduceyParticipant@aceyduceyJoin Date: 2003Post Count: 651]

November 19, 2004 - 9:33 pm

Personally I prefer to BE the house (in the gambling sense).

Hence a lot of my money is going into the areas that are rising…resources, oil, etc

Cheers,

Aceyducey

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In theory, there is no difference between theory and practice. But, in practice, there is.

– Jan L.A. van de Snepscheut

[AceyduceyParticipant@aceyduceyJoin Date: 2003Post Count: 651]

November 19, 2004 - 9:31 pm

I didn’t know lemmings were allowed to buy property in this country…

Frankly I reckon that if now is the first opportunity you have to buy property it’s not the worst time to start.

People have different goals & ambitions & if someone wants to learn about property investing there’s no better way than to actually buy a property.

If you don’t maximise your return on the first one, so what – you’re in the game & learning to buy better.

How many experienced investors in this forum started buying property between booms and saw prices drop a little before they rose? I’m sure there are a few at least….and they’d value that experience highly as it helped them when buying into the booms.

Cheers,

Aceyducey

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In theory, there is no difference between theory and practice. But, in practice, there is.

– Jan L.A. van de Snepscheut

[AceyduceyParticipant@aceyduceyJoin Date: 2003Post Count: 651]

November 19, 2004 - 9:24 pm

Having visited/lived in a fair few countries I reckon that Australia does very well comparatively on the racism issue.

At the end of the day can you remove racism – I don’t know – ‘stranger danger’ is built into our genes, hence our desire to identify with specific groups of people or a flag.

Personally I’d like to see racism end completely.

That way we could concentrate our attention as the human species on ensuring we don’t let the chimps and dolphins in! [biggrin]

Cheers,

Aceyducey

PS: How come no-one ever talks about species-ism?

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In theory, there is no difference between theory and practice. But, in practice, there is.

– Jan L.A. van de Snepscheut

[AceyduceyParticipant@aceyduceyJoin Date: 2003Post Count: 651]

November 19, 2004 - 9:14 pm

Why not list the property with an out-of-town agent in Sydney or Melbourne where people are willing to fork out for off-the-plan.

If the numbers work I’m sure you’ll find interest.

Cheers,

Aceyducey

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In theory, there is no difference between theory and practice. But, in practice, there is.

– Jan L.A. van de Snepscheut

[AceyduceyParticipant@aceyduceyJoin Date: 2003Post Count: 651]

November 19, 2004 - 9:07 pm

Servant Heart,

You took the leap into the unknown to do the Business Broker thing. Investing is the next leap.

Try to put yourself into the mindset you were in when you decided to leave your safe corporate job to be a business broker. Think about WHY you made that decision & WHY you want now to invest.

Remember also that by becoming a Business broker you did invest in yourself – so you are already an investor.

Cheers,

Aceyducey

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In theory, there is no difference between theory and practice. But, in practice, there is.

– Jan L.A. van de Snepscheut

[AceyduceyParticipant@aceyduceyJoin Date: 2003Post Count: 651]

October 25, 2004 - 10:35 am

Originally posted by noddies:

You need to goal set in order to be compliant with the FRSA prior to giving specific financial advice. Under the Act a financial planner must now know their clients goals, objectives and other requirements so that a constructed plan will reflect their wants and needs. Failure to do this could lead to financial and legal repercussions to the advisor, including loss of license, fines or jail terms. The advisor may also be sued for loss, by the client if negligence is proven.

Bryce,

But who in their right mind would use a financial planner!

Of course, if you wanted a bullish position on Nigerian money laundering though…..[biggrin]

Cheers,

Aceyducey

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In theory, there is no difference between theory and practice. But, in practice, there is.

– Jan L.A. van de Snepscheut

[AceyduceyParticipant@aceyduceyJoin Date: 2003Post Count: 651]

October 25, 2004 - 10:30 am

Gee Kazz,

I wish I could help you, but although I live in Canberra I picked the best accountant I could find in Australia – and he’s in Melbourne…..(Dale Gatherum-Goss)

Don’t limit yourself to a geographic region, this is the age of the Internet

Cheers,

Aceyducey

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In theory, there is no difference between theory and practice. But, in practice, there is.

– Jan L.A. van de Snepscheut

[AceyduceyParticipant@aceyduceyJoin Date: 2003Post Count: 651]

October 25, 2004 - 10:24 am

Originally posted by Pelicaninvestments:Some of the moderators at SS are a bit on the heavy handed side…..

Hey Pelican, if you don’t like the level of due diligence used to cut out the spurious and vitriolic posters, go elsewhere…ah that’s right – you had no choice [biggrin]

Muppet, I was referring to places like the Reno Kings, Reno Brothers & the like.

Cheers,

Aceyducey

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In theory, there is no difference between theory and practice. But, in practice, there is.

– Jan L.A. van de Snepscheut

[AceyduceyParticipant@aceyduceyJoin Date: 2003Post Count: 651]

October 18, 2004 - 1:19 pm

Terry,

Clearly you work off a different loan book than my broker [biggrin]

Would you feel more comfirtable if I said nodoc loans?

Cheers,

Aceyducey

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In theory, there is no difference between theory and practice. But, in practice, there is.

– Jan L.A. van de Snepscheut

[AceyduceyParticipant@aceyduceyJoin Date: 2003Post Count: 651]

October 18, 2004 - 10:36 am

Don’t get annoyed – REPORT THEM.

That way other people won’t get burnt.

Cheers,

Aceyducey

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In theory, there is no difference between theory and practice. But, in practice, there is.

– Jan L.A. van de Snepscheut

[AceyduceyParticipant@aceyduceyJoin Date: 2003Post Count: 651]

October 18, 2004 - 10:33 am

Scotty,

I’ve done the research too – and you reckon that none of the Real Estate and Business Agents Act 1978, the Code of Conduct for Agents and Sales Representatives and the Real Estate and Business Agents (General) Regulations 1979 apply to you?

hmm – well I hope you can run fast.

Cheers,

Aceyducey

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In theory, there is no difference between theory and practice. But, in practice, there is.

– Jan L.A. van de Snepscheut

[AceyduceyParticipant@aceyduceyJoin Date: 2003Post Count: 651]

October 18, 2004 - 10:30 am

trisha,

‘cash under the counter’

Are you advocating breaking the law?

Hmm – that’s one of the reasons I have big problems with people who want to be ‘birddogs’….

They don’t tend to know the laws – or if they do they try to slip through loopholes. They don’t have a great deal of investing or property experience (or they wouldn’t need to go ‘birddogging’ & they don’t take out professional indemnity insurance cause they’re not entitled to it – hence no protection for the poor sucker trusting their judgement in property purchases!

Dodgy, dodgy, dodgy all the way down the line.

As for being a referral agency, well most people give away good referrals on forums for free.

Cheers,

Aceyducey

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In theory, there is no difference between theory and practice. But, in practice, there is.

– Jan L.A. van de Snepscheut

[AceyduceyParticipant@aceyduceyJoin Date: 2003Post Count: 651]

October 18, 2004 - 8:54 am

Low doc loans….

For most employment doesn’t matter – just your avowed income level (sometimes testified to by your accountant).

Particularly useful for contractors & those people who have recently changed jobs.

Cheers,

Aceyducey

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In theory, there is no difference between theory and practice. But, in practice, there is.

– Jan L.A. van de Snepscheut

[AceyduceyParticipant@aceyduceyJoin Date: 2003Post Count: 651]

October 18, 2004 - 8:51 am

How to make money:

1) Identify a need
2) Fulfil it

It’s that simple.

Many people have problems with the first bit though.

You don’t need goals to make money, you need goals to know how to maximise your money making abilities & to decide what to do with the money once you have it.

Cheers,

Aceyducey

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In theory, there is no difference between theory and practice. But, in practice, there is.

– Jan L.A. van de Snepscheut

[AceyduceyParticipant@aceyduceyJoin Date: 2003Post Count: 651]

October 18, 2004 - 8:49 am

Fortunately I am an entrepreneur & do investigate these things.

That’s how come both the companies I’ve founded this year do NOT property spot (nothing to do with house at all actually, though they do a form of property development[biggrin]).

NZ is NOT Australia, no matter how often you repeat it Minimogul

Cheers,

Aceyducey

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In theory, there is no difference between theory and practice. But, in practice, there is.

– Jan L.A. van de Snepscheut

[AceyduceyParticipant@aceyduceyJoin Date: 2003Post Count: 651]

October 18, 2004 - 8:45 am

Kash,

As a masters in applied finance and professional accounting, I reckon there are better ways to spend your time.

Spotters are illegal in Australia.

Cheers,

Aceyducey

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In theory, there is no difference between theory and practice. But, in practice, there is.

– Jan L.A. van de Snepscheut

[AceyduceyParticipant@aceyduceyJoin Date: 2003Post Count: 651]

October 17, 2004 - 9:27 pm

Techa,

They are definitely salesmen…but so is Aussie John.

Nothing wrong with being a salesman (or salesperson even!)

The issue lies in that they have an employee mentality.

To a large extent I do see the majority of financial planners today as the insurance salespeople of yesterday.

There are some diamonds out there, but like in other things not that many.

I think of the mediocre ones as potential renters.

Cheers,

Aceyducey

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In theory, there is no difference between theory and practice. But, in practice, there is.

– Jan L.A. van de Snepscheut

[AceyduceyParticipant@aceyduceyJoin Date: 2003Post Count: 651]

October 17, 2004 - 2:47 pm

Both forums have their place. Over time I’m seeing people migrate from PI to Somersoft as they are educated on investing.

It’s a good thing to have PI around as the introductory forum, Steve’s books & PR keep a good supply of interested would-be investors flooding in & there’s a good core of regulars who keep the questions answered.

There are also a number of other good property forums about that people will discover as they become more experienced investors.

All of them do very well – it’s not about competing for market share after all.

BTW – free speech is not a right, it’s a responsibility Pelican.

Cheers,

Aceyducey

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In theory, there is no difference between theory and practice. But, in practice, there is.

– Jan L.A. van de Snepscheut

[AceyduceyParticipant@aceyduceyJoin Date: 2003Post Count: 651]

October 17, 2004 - 2:37 pm

Money is the root of all evil…..

Was there ever a more ‘sour grapes’ statement

Wealth leads to options.

Lack of options leads to crime.

Cheers,

Aceyducey

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In theory, there is no difference between theory and practice. But, in practice, there is.

– Jan L.A. van de Snepscheut