sounds very dangerous

Ive read some posts here about people getting done over by managed apartments.

http://www.posigear.8k.com

Kevin

It is possible to have slightly positive cashflow but still claim a tax deduction, if you claim depreciation (and building tax, as Rod nicely highlighted). In order for that to happen, it would need to be slightly positive cashflow. While you do get a tax deduction, it wont be very big. Proerties like this should be referred to as neutral…[Read more]

Matt

“whereas in these posts on this forum he says that he is TRYING to get a job as a financial planner and is getting knocked back due to a lack of experience”

I wanted a relevant job so that I could obtain a license. A licence means I can start my own investment company. Secondly, I have been a student for two years, which has meant I could…[Read more]

Rod

“Whether a property is positive or negatively geared is the situation before any tax deductions related are taken into account.”

I get what you are saying, but there is gearing (as in leverage) and then there is gearing (as in after tax profitability). Since tax deductions are a major part of the negative gearing strategy, is it not better…[Read more]

Cashflow is the day to day profitability of the investment. Investments provide a return, but may also suffer costs in order to receive this return. Example: a rented property provides an income in the form of rent, but it has outgoing expenses in the form of rates, management fees, repairs, maintenance, insurance and interest payments on the…[Read more]

In this situation the quality of the stock is irrelevant, because we are not holding it for long enough to care. TLS is known as the “gorrila” stock because it is so big and profitable. It has a virtual monopoly, but the telecoms sector is not a good place to be at the moment. But all of that is really not essential to know. Stocks should be…[Read more]

Well to avoid paying $180k in tax, you would need to trade a massive amount of stock, this would use up a lot of your investment capital (not to mention time), which would otherwise be earning a good return.

In the course I show an example where one person avoids paying tax, the effective return for doing so was 13.2% gross. Thats not bad, but he…[Read more]

Pin

“Will this be the case for every year or is it only the year the buyback happens.”

Only the year the buyback happens. In general one company a year will do a buyback like this. Last year it was IAG.

“If you were to make a net profit of $400,000 in a given financial year, How could you minimise your tax bill to less than $5,000 say?”

Theres…[Read more]

“I don’t understand much of it, but is that the sort of stuff I can expect to learn from your course?”

Yes that is one of the more basic strategies. wayne is correct in saying it is not as easy as it looks, but in my experience 2-3% return a month is a likely net return. wayne has not done my course so he cannot judge how well I explain the…[Read more]

Hi Wolverine

“I’m looking at learning a lot more about creative share investing and would like any sites/course/seminars you could recommend.”

Ummm….I assume you mean other than mine? LOL, not sure I want to recommend the competition, though I know there is nobody promoting my sort of stuff. Check out my site listed at bottom.

“I need to know…[Read more]

casey

just hire a film crew & get 4 lucky couples to renovate the joint for ya

LOL

http://www.posigear.8k.com

what I meant was, you sound amazed at the return they offer, but I have seen the ACR ad on tv like a thousand times, and they offer the same or higher returns. just wondering how you could have missed it.

http://www.posigear.8k.com

Well said.

Some constructive criticism is ok, but all this negativity is useless and bringing everyone down.
Its not constructive, and its getting personal.

http://www.posigear.8k.com

how are they any better than Australian Capital reserve who advertise on TV all the time? surely you watch tv?

http://www.posigear.8k.com

best thing to do in this situation is IGNORE the negative post (absolutely useless and a waste of time) so it falls to the back.

http://www.posigear.8k.com

Gocats

And what happens if you lose your job or cant meet those HUGE repayments every time? Capital growth is not guaranteed, what happens if there is no growth?

http://www.posigear.8k.com

It costs about $1000 to form a company. You need an ABN. Good practice in regards to what? buying property?

http://www.incorporator.com.au

cheapest option around

http://www.posigear.8k.com

Steve I thought you were just being a bit of a wuss till I got some of the same treatment today. Geez, show people a different way of doing things and they treat you like the anti-christ.

GET OVER IT WAYNE KERRS

http://www.posigear.8k.com

Lozza

Heres my favorite Star Wars quote:

“do or do not, there is no try”

That yoda was a wise old bugga eh

Actually my favorite quote is “laugh it up, furball!” but it’s not very motivational lol

http://www.posigear.8k.com

Oh and how bout these little facts:

Colonel Sanders got 1099 rejections for his chicken before he finally found a buyer.

Billy Joel was about to commit suicide just before he got his big break.

“What doesn’t kill you only makes you stronger”

http://www.posigear.8k.com