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

May 3, 2004 - 6:02 am

Google is your friend:

http://www.google.com.au/search?q=Warren+Borsje&ie=UTF-8&oe=UTF-8&hl=en&btnG=Google+Search&meta=

Cheers,

Aceyducey

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

May 3, 2004 - 1:56 am

Originally posted by wayneL:

I would have thought one of such vast experience such as yourself, would be aware of the use of metaphor.

Clearly my experience is nowhere near vast enough

However I never trust metaphors that attribute physical laws to human-driven enterprises.

Humans are far too unpredictable for me to put my money down based purely on what happened in the past….

That’s why I neither own a stock of tulip bulbs, nor have invested a great deal of cash in typewriter manufacturers.

Boom bust cycles are nice to find – people LOVE finding patterns. Sometimes it’s better to look at the information objectively however.

Cheers,

Aceyducey

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

May 3, 2004 - 1:52 am

Originally posted by thefirstbruce:

i.e. if you are on your way home hungry and walk past a pizza shop, and have no idea of what you will cook for dinner, then it is so much easier to buy that pizza.

I agree Bruce!

Steer your own ship because if you let go of the tiller there’s any number of entities and organisations who are happy to take control of your direction.

The worst thing is that people in this situation think that the decisions they go along with are the ones they make themselves!

One good guideline when shopping is to always take a list & to NEVER enter a supermarket when hungry. Studies have shown that people who go in hungry buy more, as do people without lists.

Personally I make it a challenge (and a game for the kids) to have as few brands in the trolley as possible….and the kids have learnt that just because a product comes in two or more sizes, the largest package isn’t always the cheapest!

Cheers,

Aceyducey

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

May 3, 2004 - 1:47 am

ethanw,

Regardless of whether you could see a few doodads to bring in some cash the key to building wealth has always been to be able to live below your means.

You need to have some cash left over from your income to spend on investments.

While it’s possible in today’s world that you can find someone to fund you into a home with little or no cash in hand, do you really believe that you have the discipline to pay a mortgage & move forward?

You should concentrate on learning how to effectively manage your money – part of this is saving, part of this is being more discriminating about how you spend the money you do spend.

I suggest your first focus should be on doing some reading & putting into practice budgetting. Attempt to save 30% of your income each week.

If you can achieve this you can achieve whatever level of assets & future financial freedom you dream of.

If you cannot achieve this – don’t worry, you’re in good company…most people end up working for 45 years & destitute at the end of it. There’s no risk in this whatsoever!

Cheers,

Aceyducey

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

May 2, 2004 - 11:52 pm

Originally posted by wayneL:

Think of the tides Kay. What happens after a low tide?

Since when has the gravitation influences of the moon and sun had a signficant effect on inflation rates?

You can’t reasonably expect to use the regularity of tides (which are not entirely regular anyway – they’re the result of a chaotic system) to establish a comparison with inflation rates!

Cheers,

Aceyducey

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

May 2, 2004 - 11:45 pm

mnelson,

Super funds are not allowed to borrow money. Therefore they are in the position where they either have to buy property outright or buy into property trusts or similar part-ownership systems.

I suggest you consult a good accountant on the topic.

Cheers,

Aceyducey

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

May 2, 2004 - 11:44 pm

Originally posted by wejons1:

One thing I do know about Goulburn is that the Police have their acadamy there.

People aren’t at the academy that long – and I believe they have their own accomodation (though aren’t certain).

The gaol would help however

Cheers,

Aceyducey

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

May 2, 2004 - 1:34 am

Here’s another way to think about it….

Money has no taint whatsoever.

It’s not how much you have, it’s how you use it.

Only if you have millions of dollars can you can give millions to charities.

Cheers,

Aceyducey

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

May 2, 2004 - 1:32 am

Here’s a unseful strategy.

Buy enough CG positive properties that their annual income allows you to buy a free (CG positive) property with a 20% deposit each year.

Repeat.

Ignore everyone advocating buying negatively geared properties – they’re at the mercy of interest rates & government laws on negative gearing & depreciation….

Cheers,

Aceyducey

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

May 2, 2004 - 1:28 am

If they were looking to sell the property I would consider taking it off their hands if there was value in it for me. If there wasn’t value for me I’d let them know so they were aware that there probably won’t be value in it for other investors either, cuts down their market for potential sales.

One of the rules of real estate – always leave a little in the property price for the next guy….it gives them the reason to buy.

Otherwise I’d be happy to advice them on who to talk to about structuring their property portfolio.

Not everyone wants to keep a property after a death – for financial or personal reasons. And no-one I know would give away a property below a reasonable price, guess I don’t mingle in those circles.

Cheers,

Aceyducey

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

May 2, 2004 - 1:18 am

Originally posted by Celivia:

I do understand why one should respect copyright. But people who say that they NEVER have borrowed, made a copy, or shared books or information or CDs with friends are hypocrites. We all have done it at some stage. Has no-one ever burnt a CD or copied some music?

May be it is wrong, but I can think of much worse things people do, and this is generally approved by others!!!

What about taking advange of desperate people who are financially struggling?
Paying them peanuts for their property so YOU can make more profit.
Is that OK?
Hmmm

Celivia, NEVER confuse what is legal with what is ethical.

It may be in your opinion unethical to pay less than someone asks for a property – however it is 100% legal. With a willing seller & a willing buyer whatever price is agreed is fair. Using information or relative power to influence that point is also legal up to the point where you actually break a law.

Stealing someone’s hard work – be it their writing, their singing or other copywritten material is ILLEGAL. Whether you believe it is ethical or not doesn’t enter into it.

Frankly your viewpoint needs to be reconsidered. I bet you wouldn’t feel the same way if you had ever produced a work and sold it under copyright…then seen some people boasting about how they have an illegal copy. It’s dollars for feeding your family and it’s just plain rude as well (which is Steve’s point).

If you hold the view that everyone who publishes a work under copyright is wealthy and ‘can afford it’ – well you’re the one deluding yourself and behaving unethically!

Think about your attitude some more.

Cheers,

Aceyducey

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

May 2, 2004 - 1:12 am

Originally posted by Chan$:

Aceyducey,
All your answers are wrong.

Chan,

All my answers fulfil the original parameters – therefore they are all correct

They just aren’t the answer you are hoping for.

You can have more than one correct answer.

Cheers,

Aceyducey

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

May 1, 2004 - 11:46 am

You gotta love the January sales after the Xmas rush!

Cheers,

Aceyducey

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

May 1, 2004 - 11:44 am

mamakat,

The legislation is about vendor financing property in the state, not about wrappers who happen to live in SA but wrap elsewhere.

South Australians should not have any issues wrapping in other states.

Cheers,

Aceyducey

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

May 1, 2004 - 10:51 am

Either:

1. He changed the sign to read 81kgs (just because it’s written doesn’t mean it’s correct) and simply walked across,

2. He used his engineering skills to strengthen the bridge so he could cross with no risk,

3. He went for a 15km run & sweated out a kilo and went across safely with all the gold OR

4. He carried over the bits of gold separately (didn’t state he couldn’t put one down for a trip).

Where’s that square again?

Cheers,

Aceyducey

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

April 30, 2004 - 8:06 am

Originally posted by lifeX:

I have one example of increasing rent from $130 to $315 per week by going the extra yards for tenants.

And how did you do that LifeX.

It’s more valuable if you explain it.

BTW – did you know that the amount you’re allowed to increase rent for a tenant in any twelve month period is limited by law – this sounds like you changed tenants & probably the purpose of the dwelling.

Cheers,

Aceyducey

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

April 30, 2004 - 3:20 am

We do this.

We pay market rate rent to the Trust & it’s NOT our PPOR

Cheers,

Aceyducey

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

April 30, 2004 - 3:16 am

Originally posted by kay henry:

People loan and share books, CD’s, programs etc all the time. I am not making this inquiry based on any opinion of the merits of such loans. I merely question how you see such behaviour as illegal?

Kay Henry,

If you read the fine print in the copyright of many books, DVDs and similar copyright protected works you’ll find that they specifically forbid lending or resale.

This, however, is rarely enforced

Cheers,

Aceyducey

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

April 30, 2004 - 3:12 am

While I don’t consider myself particularly salty, Fish – in my experience every method works provided it is properly executed and maintained.

High flyer is correct that buy & hold is the simplest strategy with the least amount of active management required.

IMHO it is one a new investor should always evaluate before choosing the direction that is best for them.

Cheers,

Aceyducey

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

April 30, 2004 - 3:08 am

sky_jobe,

Please go out & learn about all the different types of investing before deciding which is right for you – BUT

Be careful not to try to put too many types of investing into action at once – it’s best to focus on an area for awhile before diversifying, avoids stress & reduces risk

Cheers,

Aceyducey