This would have to be one of the most ludicrous attempts to justify MLMs that I have ever seen. The supermarket analogy is ridiculous. Shelf stackers in a supermarket get paid for each and every minute and hour they work. Where is the guaranteed income in an MLM?

Shelf stackers also get paid regardless of whether they entice others to join the…[Read more]

Originally posted by kay henry:
I thought it was funny how the guy said he has a higher IQ than most people (I usually find that people who mention their own IQ’s are not the brightest bunch) and then he wrote up a word on butcher’s paper “SUCCESFUL”. hehe- I laughed my head off [thumbsupanim]

kay henry

Kay,

He has more money than anyone on…[Read more]

Originally posted by elves:
I think along the lines of sis,
yes friends can wait
elves

I disagree…

A friend has obviously done you a good deed and lent you money to assist you on your wealth creation journey. Now that youre in a position to return the money, why not do the moral thing and repay both the debt, and your friend’s kindness?

Jay.

Originally posted by Suze:
Hi Lifexperience
My acc. recommended that as I am a sole trader,I need to set up a trust for the PPOR and a company for the IPs. He said that you have to decide weather to do investment properties or developments. If you want to do both he suggests you form another company so that the Ips don’t get “tainted” by the…[Read more]

Originally posted by yack:
My aim one day is to go to Qld every year to coincide with a property investment expo/show and claim some of it on my tax.

Its important to keep abreast of the latest in property investing.

Easiest way to make trips to QLD tax deductible is to buy property there and inspect them every 6-12 months [biggrin]

Originally posted by Aceyducey:
If you feel disbelief or jealousy or any other ‘negative’ emotion – doesn’t this say more about your feelings about your own abilities and achievements than about theirs?

Also with this kind of reaction to someone else’s success, what does your attitude say about your belief in your own ability to…[Read more]

Hi SIS,

Thats great, but if youre not going to answer the question, wouldnt it be better to say so?

Im pretty sure the CBA doesnt allow revals inside of their parameters to people who whisper “Domino Effect” to their loans officer.

I was under the impression that this was a forum for sharing information, and using the good fortune and…[Read more]

Hi SIS,

As I understand it, all your loans are with CBA, and you have total loan amounts of around $1.4 million. How did you overcome the banks reticence to allow loan amounts over 1 million to those not on extremely high incomes? Arent you deemed to be too “rent reliant”?

Im also intrigued as to how youve managed to get around the banks…[Read more]

Hi Chan,

Perhaps as you started the thread asking for some personal information from others, you’d care to share you own details?

Best wishes,

Jay [biggrin]

Originally posted by LeighK:
Kave

Sorry buddy the forum is not for that. There are very strong guidelines on advertising and I suggest you have another ready of the policy so you are clear on what you can do.

But just a tip, you can post a tag letting people know that you have identified properties and then people can PM you if they are…[Read more]

LOL = Laughing Out Loud.

There doesnt seem to be an Acronym FAQ on this forum, but there is a great one on Somersoft:

http://www.somersoft.com/forums/showthread.php?t=9382

Hope this helps.

Jay.

You can try contacting the company that produces it:

http://www.ubd.com.au/UBDFrontEnd/misc/wheretobuy.asp

Im sure theyll be able to help.

Jay.

Simon makes a good point here.

Every single person who has experienced Amway and the like in this thread has posted that they are no longer with the company. The only people positive about it seems to be those just beginning, who have yet to achieve any semblance of financial security from the business, and whose posts are peppered with “Im…[Read more]

Hi canneram,

If you can type replies onto this forum, then you can earn an income [] Have you looked into home based businesses or those that require minimal physical activity, but could still enable you to earn a living?

Your situation may just require you to think outside the square a little.

Jay.

Originally posted by Jay:
Ive just read in the resources section that

“Because this is a seminar our usual 14 Day Money-Back guarantee does not apply”

Im at a loss to understand why Steve would ask for such a large monetary contribution from a number of people (over $100,000 for the day) and yet not guarantee that attendees will receive value…[Read more]

Ive just read in the resources section that

“Because this is a seminar our usual 14 Day Money-Back guarantee does not apply”

Im at a loss to understand why Steve would ask for such a large monetary contribution from a number of people (over $100,000 for the day) and yet not guarantee that attendees will receive value for their money. Its this…[Read more]

Originally posted by Pisces:
The formula is only correct if one were not required to pay tax on one’s profits.

Therefore the best tax vehicle really is one’s own house.

Once one has some sizeable equity in one’s own home consider replacing it with another home which you may be able to buy below market or where you can improve the value by making…[Read more]