Since 2001 | Total Members: 161,633

god_of_money

  • god_of_money replied to the topic Time to invest? in the forum Help Needed! 17 years, 4 months ago

    Well… 4 years ago people are buying into apartment yield for 4.5% in sydneyNow with rental increase and falling property price with falling interest raes… and 'newish' apartment are yielding >6% plus depreciation= 8%plus ??? Sure it is much much time on today price and few years back….Look at brokers were telling investor to buy buy buy…[Read more]

  • god_of_money replied to the topic Time to invest? in the forum Help Needed! 17 years, 4 months ago

    Lots of negative commetns when market is diving…but if you look back 3-4 years ago in this forum…. lots of buying activity…Why everyone get scared when market is diving?? I m more afraid when market hits its high

  • god_of_money replied to the topic what does a 1% drop in rates do for us? in the forum General Property 17 years, 4 months ago

    I am confused…. interest rates on the way down.. with prediction of some economist predict further cut next year…Used to be lots lots of bullish comments about investment when the interest rates reaching its peak…bla bla bla long term value…dividend yield 10% and rental price still on the way up (better than 3-4 years ago)…. I can't…[Read more]

  • god_of_money replied to the topic Just bought in a Mining Town in the forum General Property 17 years, 4 months ago

    It is like buying Babcock and Brown or Macquarie Bank at their heights….The question is : Can the rental price sustain A$ 1300/week for the next 10-15 years?Sure it is cash flow +ve for now.. but how about in the next 2-3 years…. ???Dow Jones Future Commodities index took the worse decline in the last 50 years… and Shanghai or Bombay Index…[Read more]

  • god_of_money replied to the topic Estate agent fined $20k for underquoting in the forum General Property 17 years, 4 months ago

    They should be put into jail :)I think the fine is nothing to them….JAIL

  • I think we are in the verge of recession…small to medium mining companies will collapse sonner or latter .. look at Dow Jones future index on copper/iron ore etc… it has the worse decline in the last 50 years… yet asian market is also get in trouble with Shanghai index/Hangseng/Nikkei all drops to 4 years low…. Time will tell… hopefully…[Read more]

  • god_of_money replied to the topic Premium Finance in the forum Opinionated! 17 years, 4 months ago

    why not get them courried to you with registered mailor deliver the parcel personally?

  • Another glowing reference in the doom market… hm…A$100,000 tax free income in 10 years… you must be Dreaming in the la la land…It is probably KY that got that much of money in 10 years … TIC's investor….on the way to hell :)Good luck.. and enjoy your loss

  • god_of_money replied to the topic My Rate Home LOans in the forum Opinionated! 17 years, 4 months ago

    My suggestion:Why not you write a letter to current affair or give them a ring about your problem?I love to see them being exposed in front of current affair's interview…Cheers

  • god_of_money replied to the topic Aussie home loans in the forum Finance 17 years, 4 months ago

    Richard,Can you get lower than OneDirect 8.35% with similar or more homeloan features??It is rated 5 star by Cannex and smart investor.

  • god_of_money replied to the topic Aussie home loans in the forum Finance 17 years, 4 months ago

    Ask if they can match One Direct variable 8.35%. Good features and one of the lowest rate in the market 

  • god_of_money replied to the topic Premium Finance in the forum Opinionated! 17 years, 5 months ago

    knock..knock… where r u?I am getting phone calls almost every week from telemarketers telling me that interest rates are on the way down…property cycle is resetting bla bla bla bla bla.. time to buyyyyyyyyyyyyyyyy……I m tired and ZZZZzzz

  • god_of_money replied to the topic One for a broker… in the forum Finance 17 years, 5 months ago

    I would suggest go for bank lender… non-bank lender like wizard, RAMS etc.. in the virtual of dying…They cost more than bank lender. A lot of misleading information by non-bank lender that they can compete with bank lender… but at the end.. the proof is they are wrong..I still don't understand why people want to go to non-bank lender when…[Read more]

  • god_of_money replied to the topic Investment Advice needed in the forum Help Needed! 17 years, 5 months ago

    Hi ckIPlease be careful… could lead to Debt creation companies instead of wealth.

  • god_of_money replied to the topic a better choice / abc financial group pty ltd in the forum Commercial Property 17 years, 6 months ago

    Hi Joanne,Just another insight on investing in hotel room. Q/A with Noel Whittakerhttp://www.domain.com.au/Public/Article.aspx?id=1216492338730&index=QAFor your own reference in the futureCheers

  • god_of_money replied to the topic a better choice / abc financial group pty ltd in the forum Commercial Property 17 years, 6 months ago

    Hi RichardDidn't you know that…"Property value will double every 7 years" :) LOL (sarcasm)I m sure this is the selling point to unsuspecting buyers. Plus the depreciation cost etc…

  • god_of_money replied to the topic Premium Finance in the forum Opinionated! 17 years, 6 months ago

    Where is the 'Premium finance' telemarketer?… Seems like they went for hibernation before another attack on unsuspecting buyer(s)?

  • god_of_money replied to the topic a better choice / abc financial group pty ltd in the forum Commercial Property 17 years, 6 months ago

    Hi Joanne,Did you get an external valuation of 'the property'?And how much is the management fee?Did you go through the contract with independant solicitor?Just for my curiosity….Cheers

  • god_of_money replied to the topic a better choice / abc financial group pty ltd in the forum Commercial Property 17 years, 6 months ago

    I don't mind talking to telemarketer if they are paying me $$$ from talking to them.Otherwise… just waste my stupid time.Investing in hotel room… hmm…. sounds interesting!!!

  • god_of_money replied to the topic Premium Finance in the forum Opinionated! 17 years, 6 months ago

    Hi Spicy,Beware of lots of spruikers out there….If you are not happy and would like to expose them.. why not try Current Affairs or 60 minutes.They love this kind of exposure….Premium Fiance = Joker FinanceCheers

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