[IndifferenceMember@indifferenceJoin Date: 2004Post Count: 24]

April 4, 2006 - 11:46 pm

I agree with Simon’s comments. I also have first hand experience with DHA as a tenant and manager of troops. Many of my friends have DHA investment homes. Some are happy, some think it was a mistake. They are long term, non-negotiable, have high fees & fixed term investments bought at high prices compared to other homes in the area. They are hard to onsell. Very illiquid.

If I had to choose between parking $400k+ in a DHA house or managed fund, I would choose the managed fund hands down. Not the REIT either. (not that I prescribe to manage funds by the way) But for some ppl, a DHA investment might just suit their mindset and subdue their inner fears about residential investment. But not me.

******
…emotion clouds good judgement but is a defining element of character.

[IndifferenceMember@indifferenceJoin Date: 2004Post Count: 24]

February 21, 2004 - 11:08 am

Firstly, welcome to the forum Jodee.

I am new here to, but I think being here is the first step to your goal.

Have a look in the Finance section for relevant threads. Also, it may help to speak with one of the Mortgage Brokers lurking around here…

Good luck

******
…emotion clouds good judgement but is a defining element of character.

[IndifferenceMember@indifferenceJoin Date: 2004Post Count: 24]

February 21, 2004 - 12:20 am

Do a search for threads containing “birddog” … you will quickly find all you need I think

cheers

******
…emotion clouds good judgement but is a defining element of character.

[IndifferenceMember@indifferenceJoin Date: 2004Post Count: 24]

February 21, 2004 - 12:15 am

To control kids access I suggest:

1. Parental control filter software.
2. Use a small network or OS capable of setting up different access rights.
ie. Using Windows XP on NTFS (not FAT32) you can give limited access accounts to kids, then they can’t change/install things that the ‘Administrator’ (you) doesn’t want them to.

I use a wireless ADSL modem/router, XP with NTFS, control software & the “big brother” is watching approach. To date we have had No problems [^]

Good Luck with your setup.

ps. I use internode [^] they are great for my usage

******
…emotion clouds good judgement but is a defining element of character.

[IndifferenceMember@indifferenceJoin Date: 2004Post Count: 24]

February 17, 2004 - 12:18 am

ahh redwing…. LMAO [^]

That sums up the female ideology for me…

Marketing = Hard Sell … to me anyway

******
…emotion clouds good judgement but is a defining element of character.

[IndifferenceMember@indifferenceJoin Date: 2004Post Count: 24]

February 16, 2004 - 11:51 pm

Firstly, I know 5/8 of stuff all about investment.

But, I am fairly proficient at maths. If you borrow $x and fix the rate at 0.5% higher than available variable rate, then after 6 months rates rise by 0.5%, then another 6 months later they rise again by 0.5%, then you have broken even against the variable rate. And this is after 1.0% rise in only 12 months. You may come out in front if rates hike to the moon, but how high are they likely to go?? (I honestly have no idea)

I to want to know what Yack is asking – Has anyone beaten the Bank by fixing rates?
Surely on balance of averages, the variable rate wins – or else Banks wouldn’t offer fixed rates ’cause they definitely wouldn’t want to be losing money on them…

******
…emotion clouds good judgement but is a defining element of character.

[IndifferenceMember@indifferenceJoin Date: 2004Post Count: 24]

February 16, 2004 - 2:15 pm

THANK YOU for this thread… I was going to attend my first meeting on Wed night & all going well, intended to consider using the Investment Club as a convenient vessel.

Upon reading the ‘threads’, links, articles & some further searches, I have well and truly changed my mind. Thanks melbear, adrianbrown, Qlds007 & all others.

I will be staying home on Wed night… probably reading more informative threads here!

******
…emotion clouds good judgement but is a defining element of character.

[IndifferenceMember@indifferenceJoin Date: 2004Post Count: 24]

February 16, 2004 - 12:22 pm

I used to live in Innisfail once upon a time… not to far from Ingham and I only know this:

The sugar industry is feeling the pinch and the Aust/US freetrade agreement did nothing to help. The area is predominately primary producers – sugar cane growers. From an economic standpoint I would be cautious.

Then again I know 5/8 of stuff all. That is just how I see it. I have heard of Mt Morgan but that is about it…

******
…emotion clouds good judgement but is a defining element of character.

[IndifferenceMember@indifferenceJoin Date: 2004Post Count: 24]

February 16, 2004 - 6:57 am

asti27.3 said:
I dont think you should help your children. My parents have never helped me financialy and I think it is one of the best things they have done for me.

Well I guess you were just lucky when they taught you how to cross the Highway! Just watch and hope you don’t get squashed? (I realise this is not a financial context)

I have children, and strongly believe that there is a distinct difference between HELPING your children and giving them HANDOUTS.

If they show the drive & self motivation then CULTURE it, don’t sit back and let the corporate world CRUSH them before they have had a chance to stand up straight….]

Oh, and did you think about the difference (ie wage/property gap) from just a few years ago until now??

******
…emotion clouds good judgement but is a defining element of character.

[IndifferenceMember@indifferenceJoin Date: 2004Post Count: 24]

February 16, 2004 - 5:32 am

I would like to add to the Townsville/Cairns sub-thread.

Townsville has a large population with regular turnover for mainly ADF and Uni pers. Hence, there is generally a good property demand. ADF numbers including family would rival the Uni presence (in my opinion) & they tend to have more disposable income.

Cairns is tourism based. High transient population and the area is is starting to lift again… because tourism is. My ” ol’ man” has been doing the property investment circuit in Cairns for about 15yrs and he has seen signs of growth in the entire region not just the CBD.

Commonality: Both have had large foreshore redevelopments in recent years and this has attracted more ‘out of town’ investment.

Oh, and on the T’ville front – I have first hand experience as one of the categories I mentioned.

******
…emotion clouds good judgement but is a defining element of character.

[IndifferenceMember@indifferenceJoin Date: 2004Post Count: 24]

February 16, 2004 - 4:47 am

haojile!

you yisi…[]

******
…emotion clouds good judgement but is a defining element of character.

[IndifferenceMember@indifferenceJoin Date: 2004Post Count: 24]

February 16, 2004 - 4:39 am

I almost certainly will be buying one, but have my sights set on two.

Depends upon opportunities, but I am interested, even as a ‘new starter’ []

******
…emotion clouds good judgement but is a defining element of character.

[IndifferenceMember@indifferenceJoin Date: 2004Post Count: 24]

February 16, 2004 - 3:19 am

I spent many years living on the wrong side of the credit card line… I am never going there again.

Don’t get me wrong, credit cards can be a very useful financial tool at times but exercise extreme caution with. ie. use good financial discipline.

I think using an equity ‘line of credit’ is better if in a position to do so. And as for interest free days… well that is a marketing ploy to encourage us minions to spend more than we earn. (ocassionally we can be disciplined to use it effectively though [] )

Be careful, be very careful… please don’t make my mistakes! []

******
…emotion clouds good judgement but is a defining element of character.

[IndifferenceMember@indifferenceJoin Date: 2004Post Count: 24]

February 16, 2004 - 2:54 am

I think caution needs to be exercised when blindly stating an interest rate as a %.

There are current rates advertised at 5.9% but their comparative rate is over 0.5% higher.

A figure is a figure to me… it is what underpins that figure which then reveals the True cost. I am not trying to be negative here… honest.

And good luck to those of you who have made the best of the current upward trend.

******
…emotion clouds good judgement but is a defining element of character.

[IndifferenceMember@indifferenceJoin Date: 2004Post Count: 24]

February 15, 2004 - 11:17 am

I just wish I could absorb information as easily as extracting oxygen out of every breath…
Maybe then I would have a spare 7-8 hours a day to enjoy.
Might even be able to find a good job and save some money in the bank…[]

…emotion clouds good judgement but is a defining element of character.

[IndifferenceMember@indifferenceJoin Date: 2004Post Count: 24]

February 15, 2004 - 7:02 am

I believe Social Conditioning is the root of all evil.

I can’t think of one war or conflict that didn’t have this point underpinning the superficial issues.

Just look at Iraq – sure the Yanks like to control everything like oil, but what was/is of greater importance is regional stability. Each ethnic group in the region has some belief that a portion of the area is their birth right…

Why do 10 yr old children bear arms? It is not to get $$$ for toys/lollies… it is because they have been “programmed” that way. Religion is the fabric that ties & divides these ethnic groups, and “ownership” is a by product of these beliefs.

That’s my 2 cents worth anyway.

…emotion clouds good judgement but is a defining element of character.

[IndifferenceMember@indifferenceJoin Date: 2004Post Count: 24]

February 14, 2004 - 3:20 pm

If governments were held accountable as per corporate industry, then HK would have a long line of Pollies to relate to…

From what I have been “fed” by the media, I hope he pays in some way for his actions. But what he has done is really not that different to what happens at Capital Hill every other day… except that they can take more than just your hard earned. Food for thought.

…emotion clouds good judgement but is a defining element of character.

[IndifferenceMember@indifferenceJoin Date: 2004Post Count: 24]

February 14, 2004 - 3:09 pm

A lot of the inner suburbs have already experienced tremendous growth over the last few years so it depends on budget really…

I still think Redcliffe Peninsula is worth investigating. No rail there but that is part of the appeal as it is on the bay. Particularly Clontarf.

As for closer in suburbs, I like Ferny Hills/Grove (end of rail line), Alderley, Ashgrove.

There are many trendy suburbs but they are places like Toowong…expensive with lower return prospects.

Good Luck and this is purely my own opinion for better or worse.

…emotion clouds good judgement but is a defining element of character.

[IndifferenceMember@indifferenceJoin Date: 2004Post Count: 24]

February 14, 2004 - 2:54 pm

Yes… they are the same institutions that will let you pay twice the interest if you feel the need.

Actually, let me loan you some money… [:p]

…emotion clouds good judgement but is a defining element of character.

[IndifferenceMember@indifferenceJoin Date: 2004Post Count: 24]

February 14, 2004 - 2:38 pm

I grew up in SEQ & so have a ‘stigma’ I can not shake in regards to Ipswich… but that probably equates to me missing some good opportunities.

I prefer areas to the north east of Brisbane. Why?

Close to or on the bay, good commute to CBD, train to Shorncliffe, and the Peninsula is just too attractive to pass up.

As for Toowong/St Lucia/Indooropilly… you need to tie up a large sums of money for relatively small returns. But, I am new to all this and just starting so I still trust the number crunching.

…emotion clouds good judgement but is a defining element of character.