moloth replied to the topic NRAS and Motion Property in the forum General Property 11 years, 3 months ago
I've been looking at NRAS properties and someone mentioned you could build and then register it for NRAS. I don't know how feasible this is or if it even really possible for a small investor.
For an alternate point of view on the negative for NRAS the following blog (especially the heated comments) is worth a…[Read more]
moloth replied to the topic Best place to invest cash? in the forum Creative Investing 11 years, 5 months ago
I remember reading some of Lance Spicers stuff and he said that collectible coins with real gold or silver or platinum content was always a good way to transfer cash while holding their value. Also Negotiable Bonds.
As for transferring currency without hitting the $10,000 reporting limit the Australian nugget available in 1kg coins only has a…[Read more]
moloth replied to the topic Own Your Own ATM Machine. in the forum Creative Investing 11 years, 5 months ago
The 20% return is bogus as this is a depreciating asset. Normally with a bank deposit the principal is returned to you after the term is expired. So lets do the sums:
ATM Purchase Price: $15,000
Annual Return 20%: $3,000
Income for 10 Years: $30,000
ATM Sale Price 10%: $1,500
Total Income $31,500Now we take our principal back
Real 10…[Read more]