[bwendanParticipant@bwendanJoin Date: 2004Post Count: 30]

April 7, 2005 - 2:02 am

Hi Techhowse & Steve!

I find myself in a similiar situation as Techhowse, only that i’m 16 and in year 11, and plan to go onto uni do bachelor of commerce. the problem is that to get into commerce i need to get an enter score above 96!.

My question is that would i be better off focusing on my vce or should i start gettin into to property investing (i’ve already read a few books from kiyosaki, Allen, Lomas, de Roos, Burley, and of course all of Steve Mcknight’s books)?
And as a 16 yo am i too young???

[bwendanParticipant@bwendanJoin Date: 2004Post Count: 30]

March 31, 2005 - 8:45 am

“Is your glass half empty or half full?” lifeX
hrmm lets say a full cup equals 1 and an empty cup equals 0.
half of 1 = .5..but half of 0 = 0 so therefore the glass must be half full

[bwendanParticipant@bwendanJoin Date: 2004Post Count: 30]

March 20, 2005 - 2:02 am

This is how i understand the difference;
since the word ‘cashflow’ means ‘The net income from one or more assets for a given period, reckoned after taxes and other disbursements’
then the word positive cashflow must mean a positive net income after expenses (interest, management fees, etc.) and any taxes or tax benefits.
So therefore, positive gearing must mean borrowing to invest in an income producing asset and the income from that asset exceed the cost of borrowing and expenses. hows that sound?

[bwendanParticipant@bwendanJoin Date: 2004Post Count: 30]

February 22, 2005 - 7:05 am

Hi andy, ur like me im 16 , as for IO loans i think that if your going to have a plan to get in debt, you need to have a plan to get out of debt.

Brendan

[bwendanParticipant@bwendanJoin Date: 2004Post Count: 30]

February 21, 2005 - 8:27 am

LOL aw wat how did you know [blink]

[bwendanParticipant@bwendanJoin Date: 2004Post Count: 30]

February 6, 2005 - 12:39 pm

Hi guys, i’m 16 atm interested in property investing, but the amount of info is confusing me, got any advice?

[bwendanParticipant@bwendanJoin Date: 2004Post Count: 30]

January 29, 2005 - 10:03 am

im 16 and im having enough trouble deciding what to do after year 12 >.< got any tips for a 16yo?

[bwendanParticipant@bwendanJoin Date: 2004Post Count: 30]

January 29, 2005 - 1:14 am

Hehe, hi eeshole! thanx for your post, i actually started this thread not really because i wanted an accountant but because im 16 and looking at the many career options. When i have my accounting class on monday i’ll ask my teacher abt it and see what he says. We just learnt the equation A = L + OE,

[bwendanParticipant@bwendanJoin Date: 2004Post Count: 30]

January 25, 2005 - 7:32 am

Well then ANUBIS, your spouse, your bf/gf, your partner, your significant other,

[bwendanParticipant@bwendanJoin Date: 2004Post Count: 30]

January 24, 2005 - 8:29 am

Originally posted by Scremin:

The classic, met him at a party… Friend of a friend. Didn’t like him at first. Took me 6 months to realise what I was missing out on. Luckily he wasn’t nabbed. Finally came to my senses… He thankfully kept pursuing me…

Steph.

hehe, it almost seems to me that the nice guy is always the last one to be noticed and the bad boy is always the one that gets all the girls

[bwendanParticipant@bwendanJoin Date: 2004Post Count: 30]

January 23, 2005 - 10:56 am

I’m from sunshine (western suburbs of melb) *does that westside thing with fingers that rappers always do*

[bwendanParticipant@bwendanJoin Date: 2004Post Count: 30]

January 23, 2005 - 10:36 am

Hey everyone this what i found in the cpa website faq

“CPA Australia: Australia’s largest professional body with almost 100,000 members employed in all industries, and in all employment sectors, in Australia and with a significant presence in Malaysia, Hong Kong and Singapore. CPAs must hold a degree, an accounting major, have completed the CPA Program, and have appropriate work experience.

Institute of Chartered Accountants in Australia: ICAA members have a degree, an accounting major, have appropriate work experience, and have completed the CA Program. The ICAA has around 30,000 members who are concentrated in public practice, although there are many chartered accountants working in the public sector and industry and commerce.”

and this is what the ca faq site said,

“Q. What is the difference between CAs and other accountants?
A. The ICAA is an accredited Higher Education provider. CPA Australia is not. The CA Program is a Graduate Diploma. The CPA Program is not.

Australian CAs are recognised by the international accounting bodies of the leading financial centres of the world.

The CA Program develops more than number crunchers. It is the program of choice for the elite of Australian business including Macquarie Bank, Lend Lease, Woolworths, Qantas and the Big 4 accounting firms.”

http://www.flyhigher.com/Home/Content1.aspx?PageID=CAvsCPA1Y

I’m not too sure, but at the moment it seems to me that chartered accountants are more qualified, what do reckon guys?

[bwendanParticipant@bwendanJoin Date: 2004Post Count: 30]

January 22, 2005 - 11:25 am

hi paul,
id recommend you just read robert kiyosaki’s rich dad poor dad for the psychology side of investing, and magarget lomas’s pocket guide to positive cashflow property for the more technical things, like the property investment strategies, depreciation, etc. and for goal setting go to http://www.mindtools.com/pages/main/newMN_HTE.htm it has everything u need to know about setting goals and time management.

[bwendanParticipant@bwendanJoin Date: 2004Post Count: 30]

September 28, 2004 - 12:11 am

does anyone know how to work out the monthly repayments mathematically by hand for a principal and interest loan