Well, THIS email I received struck a chord with me.  It’s title read thus:-

Save money and get healthy by avoiding the cashless effect

The email referenced a petition to the Govt that attempts to prevent the abolition of cash in our society, and it makes comments that ring true to me.  It was all about “the pain of parting with cash keeps you s…[Read more]

Well, THIS email I received struck a chord with me.  It’s title read thus:-

Save money and get healthy by avoiding the cashless effect

The email came in the form of a petition to the Govt in an attempt to prevent the abolition of cash in our society, and this petition makes comments that ring true to me.  It was all about “the pain of parting w…[Read more]

Hi Tempo,

I have no direct answer for you, except to say, try an Insurance Broker in your area.  It is their job to know all the “ins and outs” of Insurance, so they should be able to guide your steps in this unfamiliar area.

Benny

Hi BB,

The “numbers” will likely confirm the way to go.  Without knowing what you bought these for, my example below may be inaccurate, but use it to add YOUR numbers to see what works best.

Assuming your mortgages are IO, it sounds like a 3.35% increase, but the Interest paid would’ve DOUBLED, so a 100% cost increase.  If P&I, it is the I…[Read more]

Hi BB,

The “numbers” will likely confirm the way to go.  Without knowing what you bought these for, my example below may be inaccurate, but use it to add YOUR numbers to see what works best.

Assuming your mortgages are IO, it sounds like a 3.35% increase, but the Interest paid would’ve DOUBLED, so a 100% cost increase.  If P&I, it is the I…[Read more]

Hi Highview,

I had a chat with Steve this morning – he came up with this link that may be of some use to you re Hebel problems:-

Warranty

Benny

Hi John,

Train lines can be a drawback for some, but there are ways to ameliorate that issue.  e.g. double glazing of windows facing the train line can help – a bit more expense of course.  Also, high fences can help to deaden the noise.  If these exist (and are wooden, concrete, or composite – not metal) then that could reduce the decibels an…[Read more]

Hi John, and/or Mongkoll,

Train lines can be a drawback for some, but there are ways to ameliorate that issue.  e.g. double glazing of windows facing the train line can help – a bit more expense of course.  Also, high fences can help to deaden the noise.  If these exist (and are wooden, concrete, or composite – not metal) then that could re…[Read more]

Well hey, I am now hearing of 6 likely rate cuts starting early in 2024.  Oh, wait – that is for the Federal Reserve – i.e. the USA.   Did THEY go too far, too fast too?  And was our RBA simply following their moves blindly?  Hopefully not – but it looks a lot like they may have been…….

So what now?  Are we really likely to have 6 x 0.25%…[Read more]

Hi DD81,

Did you hear back from your accountant yet?  Were there some useful takeaways from other replies (i.e. vetted by your accountant of course).

In short, how’s it going?

Benny

Hi David,

  Ask anyone in Kalgoorlie at the moment about how vulnerable the system can be. No power, no gas, no air con,

I hadn’t heard – what has happened in Kalgoorlie?  Sounds major – has someone shut off a tap somewhere?

Later – I went looking – a freak storm took out 200,000 KvA power line towers (which won’t get rebuilt overnight).  Not ju…[Read more]

Hi David,

  Ask anyone in Kalgoorlie at the moment about how vulnerable the system can be. No power, no gas, no air con,

I hadn’t heard – what has happened in Kalgoorlie?  Sounds major – has someone shut off a tap somewhere?

Benny

I simply don’t like putting so much trust into 3rd party systems especially when it comes to money.

Amen to that comment, Adam.  And how much more robust are any “digital dollars” liable to be anyway?  Have our systems got more clever, such that hackers, or failing power systems won’t affect them and our use of them?

Meantime, what can we do?…[Read more]

I simply don’t like putting so much trust into 3rd party systems especially when it comes to money.

Amen to that comment, Adam.  And how much more robust are any “digital dollars” liable to be anyway?  Have our systems got more clever, such that hackers, or failing power systems won’t affect them and our use of them?

Meantime, what can we do?…[Read more]

Hi Realist,

It didn’t look all that dark to me, but if it concerns you, first ask an RE agent’s opinion.  They look at things like that objectively and, if they think it could help, suss out the cost of fitting a skylight.  Could be that it may be money well spent.

And, if you have bought this as a rental, how much does it impact your bottom l…[Read more]

Hi Realist,

It didn’t look all that dark to me, but if it concerns you, first ask an RE agent’s opinion.  They look at things like that objectively and, if they think it could help, suss out the cost of fitting a skylight.  Could be that it may be money well spent.

Benny

Hi Eliana,

Check out my answer in this topic you started – https://www.propertyinvesting.com/topic/5093458-need-help-13/#post-5093468 – I think you’ll find some interesting thoughts therein….

Benny

Hi Eliana,

When I read this, my very first thought was “Never ask a barber ‘Do I need a haircut?’ as they have a vested interest in having you get that haircut.”  That RE agent in Gladstone wants to sell you a property.  In fact, RE agents are in business to sell you a property.  But OK, let’s take a look at Perth and Gladstone.

I have an ad…[Read more]