great pay for not much work and no degree…..the financial sevices industry. Stockbroking, insurance sales, finance broking, realeste, most types of intermediaries…
so i guess to narrow down – brokers and traders…
mostly rich kids who failed vce or didnt do too well and thus cldnt become doctors or lawyers.
Lots of nepotism. You need to…[Read more]
First step is to change your mindset. You ONLY have 100k. 100K is alot of money!!!!!!
So i would approach this problem as follows – repeat I am very fortunate to have 100k cash….whats the best way to live decently and at the same time grow my asset and income base.
Fortunes have been made starting with much much less ask the owner of this…[Read more]
I am a high income earner and an extra 4,500 per year equates to servicing an extra 60 k on a pni home loan. This is huge. Houses are now 60k more affordable for me. Its the equiv of 8,500 per year pay rise (b4 tax). Its the uquiv of a 1 pct interest rate reduction. Its big. But then again only 5-10 pct of wage earners earn aboove 100k so maybe…[Read more]
Good onya Foundation. 1Winner (aka Marc1) likes to label anyone whos not a right winger as a Che Guevara wanna be!!
I agree with all your points. I too think the market has been specualtive and i too far from being a communist (although i believe in humanity) have redirected my investments into areas that make more sense in the current…[Read more]
congratulations for being in print – you are obviously successful at what you do!
but unfort your last post sounded like an advertisment.
‘warm bodies’ ‘analysis paralysis’ – the only one you mised out on was ‘rent money is dead money’.
i think what everyone one needs is balance – not an obvious sign of prejudice one way or another.
ok heres mine
1. When considering an investment understand that everyone has an angle or a particular barrow to push. Once you understand the motives…. you will gain insight into the truth and hopefully into the true value of the investment.
2. Dont follow short term fluctuations – its the trend that counts.
3. If you bight of more than you…[Read more]
Yep, Mc donalads are the biggest private property owners (by value) in the world.
I think one needs to differentiate between
1. jesus (god), and the church
2. The catholic church and other churches.
Protestant churches (all the rest) were and still are in some ways a reaction to the excesses of the catholic church.
If i only had the key to the…[Read more]
Marc – see youre stirring people up again.
As i said earlier, there is some correlation between rent and interest rates but not that much. Supply and demand is the major determinant for rental yield.
Marc – dont turn this into an US against THEM ideaological debate about the poor being programmed and only the strong will survive.
im in melbourne and i have 101 – play it with my wife. we played for 3 hours and only once landed on a ‘market’ card so it took a while for one of us to get ahead. played it a few time now – think it would be better with more players.
lets go easy on turnby. its a fair enough question if your just starting out. I seem to rememeber asking the same question 2 years ago. Unfortunatley turnby the reality is that there arent many cashflow towns left in australia and if there are they are a fairly well kept secret.
its funny – some of these towns can be so small ven if 2 or 3 people…[Read more]
- Load More