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Viewing 8 posts - 1 through 8 (of 8 total)
  • Profile photo of moonymoony
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    @moony
    Join Date: 2005
    Post Count: 10
    September 24, 2005 - 6:23 am

    I am “the wife” and my husband “let” me drive an old 1990 Tot Camry because TO ME that’s all I need and I am happy with it. I don’t care about car but I do want to look nice so I spend my $$$ on some nice clothes :-). My husband also “let” me give my brother 20K earlier this year to help him through financial difficulty, as i have more satisfaction helping my brother, than driving a nice car. And next month we are going on a 6 weeks overseas trip , we won’t need our cars then :-).

    But if others enjoy the comfort/luxury and the safety feeling of driving a nice/new car with 10 air bags, and willing to pay for it, I respect their choice. I agree life is too short but we don’t have to enjoy it the same way.
    Someone posted that we list our networth against our car. So here it is:
    Car: 1990 Tot Camry
    Net worth: +3M, income is +150 K and we have a very nice house
    :-)

    Regards,

    Profile photo of moonymoony
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    @moony
    Join Date: 2005
    Post Count: 10
    September 4, 2005 - 12:43 am

    Dazzling,
    I am a bit more gentle…, I could never be as blunt as you are, but must admit I could not help laughing, reading some of you posts as most of the time they are exactly what went through my mind.[biggrin]

    Sorry Nehal – peace [biggrin]. BTW if you have enough equity used as “deposit” i think you can borrow up to 100%.
    Moony

    Profile photo of moonymoony
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    @moony
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    September 1, 2005 - 1:24 am

    Rachel, see this thread re Mel Inv Group
    https://www.propertyinvesting.com/forum/topic/15530.html

    Profile photo of moonymoony
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    @moony
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    August 21, 2005 - 10:52 am

    Haha “Peter”…sorry I was reading Peter Spann’s thread……
    Thanks Pro.

    Profile photo of moonymoony
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    @moony
    Join Date: 2005
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    August 19, 2005 - 10:05 am

    This is how I understand it (I am fr Qld) :
    When you, the buyer, makes a written offer , the contract is not “legally” legal unless money has been exchanged hence paying a small amount , even $1 will do , just to make your offer legal . It is easier to pay by a personal cheque rather than cash because in case the offer did not come through , agent can just send your cheque back to you. This $50 is not the deposit. Usually within one business day once the vendor signs his/her acceptance of the offer, you then have to pay the deposit and this deposit amount (around 5% or 10% of contract price) has already been negotiated at the time you were making/signing your offer .

    Regards,

    Profile photo of moonymoony
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    @moony
    Join Date: 2005
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    August 16, 2005 - 3:31 am

    Thanks very much for the responses. I do appreciate your time.

    A few forumites mentioned they have “reached financial independence”. Would you care to share what that means ? Does it mean you have secured passive income ? or have enough $$ to live till you die ? or you are yourown boss but still have to work ??

    Regards

    Profile photo of moonymoony
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    @moony
    Join Date: 2005
    Post Count: 10
    August 16, 2005 - 3:24 am

    https://www.propertyinvesting.com/forum/topic/5291.html

    is an old post re. Ed Burton seminar in 2003, have you guys seen it ?

    Profile photo of moonymoony
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    @moony
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    August 16, 2005 - 2:31 am

    Gross,
    Could you tell me what the project is. What you would get for 3,3 Mil building cost (ie how many units/touhouses, aps ,shops ???). We are doing some costing ourselves at the moment, hence the question.

    Thanks very much.

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