Hi Iboorer,

I found spreadsheets were my preference back in the day.  The other thing I recommend is to meet up with other investors – on websites like this, look for the meetings that take place from time to time.  Brisbane and its Coasts have a regular meeting taking place – other cities are “now and then”.  Of course, you can ask on forum fo…[Read more]

And, sure enough, a further 50 basis points (or 0.50%) added just days ago.  I do hope the new Govt takes the time to give the RBA a bloody good talking-to !!!   They sure can do with it.

We are well on the way to that 150% increase.  Where are we right now then?   A total 175 basis points (or 70% – see below) so far.

A 0.25% increase again…

[Read more]

And, sure enough, a further 50 basis points (or 0.50%) added just days ago.  I do hope the new Govt takes the time to give the RBA a bloody good talking-to !!!   They sure can do with it.

We are well on the way to that 150% increase.  Where are we right now then?   A total 175 basis points so far.

A 0.25% increase against a 2.5% mortgage inter…

[Read more]

Hello test

Hi Helen,

You had me worried here for a minute:-

I think you are missing the opportunity to gag your own and others’ freedom of speech.

And then I realised this was a response to “What am I missing?” and, realising that, it put a whole different slant on my understanding of your reply.

Thank you for your response – and that last sentence was S…[Read more]

Hi Daniel,

I checked with Steve – he mentioned that Wealth Guardian is one that he has wanted to update, but he has several other projects on the go and is short on hours.  No ETA provided on when a new WG might emerge.

Re other products, STEPS is a classic (imho) for anyone looking to buy a property, as it takes you by the hand and steps…[Read more]

Hi Daniel,

I checked with Steve – he mentioned that Wealth Guardian is one that he has wanted to update, but he has several other projects on the go and is short on hours.  No ETA provided on when a new WG might emerge.

Re other products, STEPS is a classic (imho) for anyone looking to buy a property, as it takes you by the hand and steps…[Read more]

What do you think about THIS comment from PragerU?

“This does not mean that climate change is not an issue – but exaggerating the threat concentrates our resources in the wrong areas.”

See the context of that statement in this link – around 2:20…[Read more]

I just caught a headline on TV that indicates the RBA is considering a 50 basis points rise for EACH MONTH up to year end.

Please say it isn’t so….

I bloody hope NOT !!!   That would be a further 2.5% uplift on the 1.25% already foisted on us.  And let’s check the figures from my last post re the likely effects of such a braindead mo…[Read more]

I just caught a headline on TV that indicates the RBA is considering a 50 basis points rise for EACH MONTH up to year end.

Please say it isn’t so….

I bloody hope NOT !!!   That would be a further 2.5% uplift on the 1.25% already foisted on us.  And let’s check the figures from my last post re the likely effects of such a braindead mo…[Read more]

Hi Alexus,

Yes, I think you are missing something.  This part says it well I think:-

the flat dollar increase allows BOTH parties to afford an extra cup of coffee per day (i.e. it is equal for all, though the percentages look quite different).

To me, this seems to be the fairest way of all as all parties receive that same “extra cup of…[Read more]

Hi Alexus,

From your answer, I think I haven’t explained things well – there is quite a huge difference between a dollar increase and a percentage increase.

An example.   Let’s say the Govt orders a 5 percent lift in wages across the board.   Then to the person on $100 a day, he gets now $105.  To someone on $1000 a day, he gets $1050.    One re…[Read more]

Wow !!  There must be more to this – is the RBA deaf, dumb, and blind?   First, let’s take an early comment from back a few posts:-

For the person with the average mortgage of (say) 2.5%, that is a 10% increase right off the bat. Why so big so quickly? While we have a housing problem, a 10% increase could lead to even more rental anguish. A $4…

[Read more]

Wow !!  There must be more to this – is the RBA deaf, dumb, and blind?   First, let’s talk an early comment from back a few posts:-

For the person with the average mortgage of (say) 2.5%, that is a 10% increase right off the bat. Why so big so quickly? While we have a housing problem, a 10% increase could lead to even more rental anguish. A $4…

[Read more]

Hey Alexus,

Thanks for your thoughts.  I agree with a lot of what you wrote, and no, I wouldn’t want those on lower wages particularly to be even worse off.  But then, what do you think of that “straight dollar uplift” I mentioned, rather than a %age uplift?   That would certainly help those on a lower wage, while those living comfortably wou…[Read more]

Answered here – https://www.propertyinvesting.com/topic/5083724-to-invest-or-pay-down-debt/