“I think, therefore I am”

“Success is not a measure of knowledge, but knowledge is a measure of success”

“Knowledge is power”

“it can’t rain all the time”

“work to live, don’t live to work”

“the road less traveled is……..” I forget the second part lol

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

sell to a developer with a 1st option or buyback clause

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

You can live there for a month or so within the first year, maybe do a reno.

You need proof of residency:

Drivers licence address change
Tax dept address change
Bills in your name for the period

Now you can claim the $7,000…..

“A drop from $250,000 to $110,000 is very rare in real estate.”

As opposed to what? shares doing that all the time?

Sept 11…..the all ords dropped about 10%, then rallied 25%

March 2003 (war) the all ords dropped about 10%, then rallied 25%

1987 was not a crash. It was a correction. Secondly, it was brought about by a massive rally over the…[Read more]

No, most people have never thought about positively gearing shares. Interest rates are usually too high and dividend yields too low. The current economic climate provides a rare opportunity. Dividends now provide the best income of any investment class, including bonds and property.
It is currently possible to borrow funds at 5.75% and invest in…[Read more]

I was happy to pay $30 for the book. Knowledge is power.

So its yesterdays news. The principles still apply. There will be other booms. Personally, I had no plans to buy property anyway, I just wanted someone to teach me the ins & outs of positive gearing. I read the book substituting every property word for the equivalent sharemarket word.

I…[Read more]

Think of it like this:

famous stock market movies:

Wall St – late 1987
Boiler Room – early 2000

famous property books:

From 0-130 properties in 3.5 yrs – mid 2003

see a pattern?

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

(course completed and ready to order)

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

A course on positive gearing for shares.

I dont really care for the fundamental or technical arguments. I have studied both extensively and find problems with both. They should complement each other, not compete against each other.

“I don’t to be a stick in the mud, but a lot of wealth guru’s promote option writing as a no risk venture. I presume when you say you write options you are…[Read more]

Thanks for the input Mini

“As far as that top bit goes, I am always really nervous of people trying to jack themselves up by pressing others down. I think you should really wonder how that makes you look. the more negative and angry you are *against* everyone else, the more off-putting you become. it’s like you can huff and puff and the crowd you…[Read more]

Hi battz

“Pretty harsh words, do you have any evidene to support this claim? If so I’d be interested to hear it, as I certainly dont want to waste my $1000 – $2500 to attend a property course if its full of lies.”

Steve is a CPA and IS qualified to give advice. The comment was not directed at him. If you can list any of the other promoters out…[Read more]

Hi minimogul

the argument err discussion is about property vs shares, not positive geared property vs neg geared property. If you bring up a point supporting the property view, make sure it does not also support the shares view.

“Not necessarily – you can fang profits and losses every which way to suit you and your family, with property and the…[Read more]

Oh and I forgot:

You can quite easily receive a $3,500 refund from the taxman every year by using a simple share strategy, thanks to a loophole left from a 1987 tax reform.

A lot of people bagging out what they don’t understand.

1. Shares are not more volatile than property. This is a myth. If properties were revalued every day instead of once a quarter you would see massive volatility. Volatility breeds OPPORTUNITY. Try making money from property in a flat market and see how far you get.

2. Shares have greater…[Read more]

I could have bought $430 million bucks worth of property too if I gave a seminar every day and charged each person $15k.

There was a discussion about yield vs capital gains. I think it was Margeret Lomas who said “5% C.G and 10% income are not as good as 10% C.G and 5% income.”

The support for their argument revolved around the compounding effect of the capital gain. This is an unfair and inaccurate argument, because the extra 5% income could be invested at the…[Read more]

Wayne

Thanks for your example, but you didnt really answer the question. I need to know what the *advantages* are. Negative gearing can make money, but I need to know how it can be *better* than positive gearing. If it isnt, then there is no advantage. In your example, if the div yield was 8%, that would make it positively geared. I cannot see…[Read more]

Fester

“most of my properties are -ve geared BUT +ve cashflow”

And just how do you get negative gearing from positive cashflow? I think you forgot that negative gearing requires a ‘negative’ part.

All you bunnies who think neg gearing has advantages, STATE THEM. Provide worked examples. Give us evidence, not opinion.

count me & the mrs in

cheers

paulnthiona@hotmail.com

Theres nothing I hate more than a tight ass millionaire.

PAY for professional advice ya freak!