[angry2]Oh please, this is just advertising for your stupid pyramid scheme. Do you think we’re that stupid?

MODERATORS!!!

… and in a falling market, the results are tragic, particularly for lower income earners*.

The reason you can’t make the numbers add up is quite simple – even the CF+ strategy is reliant on capital gains to work.

Cheers, F[cowboy2]

*Imagine going to a bank to borrow money for anything – to shift PPORs, buy a second hand car or a new fridge or…[Read more]

Hi foundation. I’m not sure what you a getting at with that comment. Redhaven is taking about adding value and making capital gain, not working for wages as a tradesman. It is very very different.

[blink] Well what is your definition of:
a) adding value
b) making capital gain
as relates to this proposal and how is it ‘very very different’ to…[Read more]

Originally posted by kempsta:
on ave what sort of yeild would you need to be cf
Anything better than interest rate % will be gross cf+ but for safety you’ll want to use the following:

7.3% Interest Rate (for example)
+
1.5% Potential Interest Rate change
+
1.0% Annual maintenance
+
?.?% Property Management costs (including rates etc)
+
?.?%…[Read more]

fnccollector,
I nearly did just this a few years ago – the problem was finance. It’s just too risky for the lenders (in their opinion, yet the fibro/asbestos box is ok – go figure!)
If you have the cash or a line of credit, this kind of project can be a goer, particularly if you are handy with gyprock & plaster! Call around the house movers in…[Read more]

Originally posted by nowork:
Would anybody be able to help me to find population rates for areas around Australia that are free.

For NSW, I’d use these, but remember that they are based on mathematical models which tend to move extremes toward the mean. Good information anyhow:

SLA Population Projections 2004 to 2031 for Excel

SLA Age…[Read more]

I don’t know about RP Data or Residex, but plenty of places sell data that is readily available from the government, or simply apply proportional distribution to all postcodes in an SLA…

I’d use these, but remember that they are based on mathematical models which tend to move extremes toward the mean. Good information anyhow:

SLA Pop…[Read more]

Hi Redhaven,
I’m not trying to rain on your parade, or to say that it is absolutely not possible to achieve what you desire. However, you desire to earn $80k per year through buy/reno/sell at the same time as spending more time with the kids. Here’s my problem – most tradesmen in your area would have to work overtime to achieve that kind of pay in…[Read more]

Well, I hope they get a really hard slap over the wrist![biggrin]
I’ve noticed this is common practise here in Vic. Even the H-Sun in it’s market wrap commonly has:
– Price quoted pre-auction: $400k-$430k
– Auction Result: Passed in on vendor bid $460k
or similar.
It’s no wonder everybody loves REAs!
Cheers, F.[cowboy2]

Cost effective against oil doesn’t necessarily mean affordable for the average Joe, and I suppose it depends how quickly change is needed.
But I don’t think the average Joe ‘needs’ affordable oil. Sure everybody ‘wants’ affordable oil, but as my dad used to say, “it’s healthy to want”![biggrin]
If petrol hits $4.00 a litre there would be a need…[Read more]

Originally posted by Fern:

Quote:
Originally posted by Nobleone:
My take on it is Peak Oil is it’s not a doomsday theory, its just a peak in the oil supply graph. Oil will not run out ever, there will always be some to find at a price.
…and that change in price should be enough to make alternatives cost effective. This is why Peak Oil would /…[Read more]

I think it is significant that sentiment has fallen faster than during the stock market crash of ’87 or the recession we had to have![ohno]

Part of that planning may involve marginally cutting spending.
or even the entirely ‘new’ concept of repaying debt as opposed to simply waiting for capital appreciation of assets![blink]

Interesting times…[Read more]

[blink]Shoot! Thanks for dragging this back up techa. Congrats on a most remarkable result.
Cheers, F.[cowboy2]

I for one am looking forward with interest to the time of PEAK OIL and beyond. Interesting times ahead.
I’ll chase up that doco too, thanks Fern.
Cheers, F.[cowboy2]

Hi Turnby. I actully like your idea, but shouldn’t you be the first to make a suggestion?

Cheers, F.[cowboy2]

Well, he or she is going to have to find / borrow / steal it! Alternatively, you could give them the 7 Gs yourself…
Cheers, F.[cowboy2]

Oh dear, one of my pet hates – the investment clock!
Why? Because every investment clock I have ever seen is either broken or has been broken! The very concept requires that the primary variable is time, with every event on the clock being intrinsically linked to a previous one…

1) The London School of Economics ‘Economic Clock’ has events in…[Read more]

Of course it’s not the role of government to control its constituents’ spending!
On the other hand, I don’t see anything wrong with the RBA raising interest rates as opposed to looking after those with credit card and mortgage debt at the expense of the all Australians & the economy.
I also wouldn’t have a problem with a government interested in…[Read more]

What if rate rises have no effect?
If this measure is to believed, the rate rise may indeed have its desired effect!
Consumer Sentiment Index Crashes
Now all that remains to be seen is whether consumer demand follows confidence…

I don’t think years and years of excellent leading economic growth can be dismissed as a bubble.

…unless there was…[Read more]

Originally posted by DD:
Just an idea. I have them all the time.
Are they all this reckless and dangerous?

…So if you just get standard 80% loans this equates to a total investment portfolio of $835k

So get 7 x $100k investments that are neutral or positive cashflow plus costs just off your PPOR. With 7.5% return the banks will love you, then…[Read more]