Forum Replies Created
Hi Kay,
I probably didn’t read too much into the economics of the issue. Personally (speaking for myself), I think you tend to reach a stage in life where you hit the top of the bell curve and start to weigh up the pros and cons of time vs money. Over the past 8 or 9 years I’ve chased the dollar working all sorts of hours back to back as much as possible in the aim of ‘making hay while the sun shines.’ I guess now though my values have radically shifted as I mentioned with the bell curve analogy. It’s a case of the tortoise and the hare. Sunday used to be THE day to work because of the penalties it attracted, etc (eg, work one day for the equivelent in pay of two days). Now at 38, my values have shifted and time is starting to be more of a precious commodity. I want to spend more of it with friends that I love and care for and I know one thing. I won’t be lying on my death bed wishing, “If only I did that one more shift (clunk)!” I’m sick of playing catch up. When I returned from a long stint o/s 9 years ago, I realized how lucky we are in Australia and I couldn’t work long or hard enough if I tried. I was prepared and accepted delayed gratification for long term gain. Sorry for the waffle or if I’ve slid off the topic, but in answer to your post, I guess it comes down to (for me anyway) an age/stage factor more so than community standards/personal goals lately. After all, life isn’t a dress rehearsal? Good post too Kay!
Cheers,
Gatsby.“Sometimes the hardest thing to do in life is often the best thing to do.”
Dear elbows,
My thoughts go out to you and your family.
Kind regards,
Gatsby.“Sometimes the hardest thing to do in life is often the best thing to do.”
This is not a ‘Gatsby joke’. A personal friend and work colleague’s gynaecologist’s surname is actually ‘Fiddler’. I think he has a practise in Wantirna (Melb) if anyone thinks I’m just making it up. If I was going to make it up, I’d use a name like ‘Dr.Pap Smear.’
‘On my bank manager’s grave, I swear!’
Cheers,
Gatsby.“Sometimes the hardest thing to do in life is often the best thing to do.”
Meribah Labinot,
What opportunities do you think still exist with ocean views? Marmaris appears pretty much over developed. I’m thinking more Pamukkale to Kas.
Lutfen,
Gatsby.“Sometimes the hardest thing to do in life is often the best thing to do.”
Dazzling,
Congratulations on your Knighthood mate! I do enjoy your insightful, illuminating and thought provoking posts/comments. Who knows, one day you may be King? As for me? I don’t know about a Knighthood. I’ll probably just retain my ordained Court ‘Jesterhood’. I’ve got the shoes (you know the one’s that curl up on the ends and have a bell). I don’t even have a King size bed. I have a Court Jester size. The corners on the doona curl up also!
Cheers,
Gatsby!“Sometimes the hardest thing to do in life is often the best thing to do.”
Hi Danny,
Thanks again for keeping us all updated!
Cheers,
Gatsby!“Sometimes the hardest thing to do in life is often the best thing to do.”
Hi msg2,
I agree that if you do a search or look at the above recommended threads, this will help you get a handle on trusts per se. If you wish for professional advice, I could do far worse than recommend seeing Dale Gatherum-Goss who has written 2 excellent books on the subject
Kind regards,
GAtsby.“Sometimes the hardest thing to do in life is often the best thing to do.”
Dazzling,
Why don’t you come back and fly ‘Air Bizzare’. You leave on Monday and return on the previous Friday! That way you still have the weekend for yourself!
Cheers mate,
Gatsby!“Sometimes the hardest thing to do in life is often the best thing to do.”
For the past 8 years I’ve owned a 1984 Nissan Bluebird which I paid $4000 for off my ex’s grand mother. I get to claim the 5000km every year for work related expenses. Last year I thought her days were numbered as the auto kept slipping. I took it to my mechanic and said if it needs a new auto you can keep it. He rang me back 4 hours later and asked me when was the last time I checked the auto transmission fluid? IT WAS EMPTY! A friend’s wife told me I’d never get laid owning this ‘piece of crap’. I told her no problem. If she knows of anyone who feels that way that I’d be glad to drive them past a couple of investment properties if they like. Pity it’s just a sedan!
Cheers,
Gatsby.
(good thread Dazz!)“Sometimes the hardest thing to do in life is often the best thing to do.”
Hi pabbs,
Perhaps not a very aggressive approach I admit, but perhaps look at considering reducing your current debt (look at cutting back on expenses and use these to reduce your mortgage)? If you feel property prices will remain steady for some time then maybe focus on debt reduction. It’s just a matter of personal comfort levels of debt.
Cheers,
Gatsby.“Sometimes the hardest thing to do in life is often the best thing to do.”
I used to have a map of the world. On it, it read ‘one mile equals one mile.’ Last year I folded it. Now this! I’ve just spent the past 5 hours watching myself ‘watching myself!’ I’m too scared to lift a finger in case I hit the ‘cancel’ key by mistake!
Bizzare,
Gatsby!“Sometimes the hardest thing to do in life is often the best thing to do.”
Hi pnut111,
You could do far worse than seeing Dale Gatherum-Goss. I’m not sure where you live but he works in Kilsyth, Victoria. Best of luck!
Kind regards,
Gatsby.“Sometimes the hardest thing to do in life is often the best thing to do.”
I’ve heard you can claim 10% of the repayments per property, but that you will need an ABN as it would be classed as a business?
Cheers,
Gatsby.“Sometimes the hardest thing to do in life is often the best thing to do.”
Hi Danny,
I’d be interested in what your friend thought of the introductory night?
Cheers,
Gatsby.“Sometimes the hardest thing to do in life is often the best thing to do.”
Firstly, many thanks Tony for organising Mike to present tonight, as well as your talk. Danny, thanks for the pm to all for arranging time to meet, etc. Alistair, thanks mate for the US update scenario. Great to see a few more faces (or more likely the same ones and I’ve still forgotten your names!! SORRY!) and thanks for making the effort to come along. Picked up a few gems tonight (and maybe a new job soon?)and I look forward to meeting next month re: O/S (US) investing.
Kind regards,
Gatsby.“Sometimes the hardest thing to do in life is often the best thing to do.”
Hi Danny,
Thanks for sending out the group email and your post. Look forward to seeing everyone this Thursday!
Kind regards,
Gatsby!“Sometimes the hardest thing to do in life is often the best thing to do.”
Hi all,
Just a reminder that we are meeting this Thursday evening (14th July) if I’m correct. I’ll contact Danny and update again. If anyone else is more up to speed on this than me, then please feel free to post.
Cheers,
Gatsby.“Sometimes the hardest thing to do in life is often the best thing to do.”
Seven years ago I was engaged and the wedge that divided us was only one small tiny thing – money (this was before I ever bought a property). We broke up because even though she earned more than I did we got to the point of buying a PPOR. After one year I had paid off a $18k debt and saved $10k. I asked her how much she had saved. She had saved $1k. I asked her where all her money had gone. She told me that she had to have her legs waxed. When I asked her to elaborate, she told me that she had to have her legs waxed in Toorak. I asked her why couldn’t she have her legs waxed in Boronia! To cut to the chase, my fiance wanted to live a life style costing far beyond her/our means. And why shouldn’t she? My goals were different and no matter how much I tried to convince her about investing for a future (house, children, education, etc) I couldn’t. I also realised that maybe it wasn’t my ‘role’ to tell her what her core beliefs should be? It’s hard enough trying to change things about ourselves. It’s impossible to try and change another person. This girl was in every other way the most beautiful kindred spirit/supportive person you could imagine. However you can’t dig a hole somewhere else by digging harder in your own. I only hope she met someone who could offer her all the material luxuries that were important to her. If we had have married I could picture myself coming home from work each morning with a ‘miners face covered in soot’, only to have one of 34 kids tell me ‘Can’t we cut just your b@lls off?’ (She also wanted a lot of children).
The decision to break up with her may have been the most regretful or wise thing I have ever done?
Cheers,
Gatsby.
Ps. The above applies to either gender.“Sometimes the hardest thing to do in life is often the best thing to do.”
On the subjest of TV, what do people think of when actors/celebrities flog a product in a commercial and the product goes belly up? Do you think that the celebrity et al, have a moral/professional obligation for putting there ‘credibility/name’ behind the product and therefore should hold some accountability to those who end up dudded?
Cheers,
Gatsby.“Sometimes the hardest thing to do in life is often the best thing to do.”
Hi Endless Summer,
Steve had a product out a while ago titled ‘Tales from the Trenches.’ It included a great interview with Nivia Pryor who left school and home at age 13. She had many challenges and I remember her stating that she (later on after marriage) always took her children when speaking with real estate agents, etc. It was not only convenient for her (as well as the responsibility of being a mother) but actually worked in her favour.
Best of luck!
Kind regards,
Gatsby.“Sometimes the hardest thing to do in life is often the best thing to do.”
