Please get inolved and informed.. A quick way could be to go see Al Gores movie ” An Inconveneint Truth”

Hi Cazmeister ; I hope my writing has encouraged others to see this movie, it presents global warming in lay terms and a DVD has now been released and I suppose it will be available for hire shortly. Another great source of…[Read more]

The way to stop or alter global warming is complex as it requires tackling on many fronts; the first step is to understand the mechanics involved. Once this is achieved further progress can be made.

To the skeptical, the changing weather patterns are not just happening in Australia, we are not experiencing a localized one off…[Read more]

Why is that just because Johnny Howard starts talking about something, then all of a sudden it is a catastrophe

It is only a catastrophe if we continue to ignore it; what is lacking is the political will to change and that can only be resolved thru public awareness and the subsequent political response that this brings about,…[Read more]

Apart from the recent Stern report which excludes mention of Australia, various newspapers around the world ran the story below about a report released by the CSIRO which covers our surrounding area.

The story is reproduced below but if you google CSIRO and go to their web site, http://www.csiro.au, you will probably be as surprised as…[Read more]

My wife is a full time PhD scholar in the field of sustainability and has studied environmental issues for over 10 years.

I wouldn’t call her a greenie (yet) but her findings have raised her concerns and have changed her attitudes.

Australia (to its shame) is one of the only two developed nations in the world who have not rati…[Read more]

I have never read an article that is so full of mistakes and inncorrect asumptions written by a student who has never been an employee in the Financial Planning Industry.

The first mistake he makes is in the first line of the article

“I am working on the sixth of eight modules to obtain my Diploma of Financial Planning and Adv…[Read more]

When converting equity to cash to be used for investment purposes, it is better to use a split loan.

for example,
LOC no 1 is used for personal use and LOC no 2 is used for investments
This keeps the accounting side separate and defined and is less confusing for your accountant and the ATO.

Note: If you are investing in markets…[Read more]

Thanks for your contribution, but how do they make money to operate if repayments are not obligatory.

Greenway puts down $500,000 and they put down $500,000 without any monthly repayment expectations but with the flexibility to make some repayments and to pay off the loan sooner if they want to

I assume they would need to…[Read more]

“Can anyone recommend a good Real Estate Agent?”

Could you specify if they are alive or dead.

Regards
Bryce Inglis
AR282821

Investment & Implimentation manager

Bryce8@optusnet.com.au

Replies on this site are intended as general information only, as any specific investment solutions/advice must only be given in accordance…[Read more]

Try this one

http://www.aussiestockforums.com/forums/?

Regards
Bryce Inglis
AR282821

Investment & Implimentation manager

Bryce8@optusnet.com.au

Replies on this site are intended as general information only, as any specific investment solutions/advice must only be given in accordance with the requirements set out in the…[Read more]

Just another thought, an accountant relative suggested using a trust with a company as the beneficiary. The company then pays all profits into the superannuation account of a retired person(s). As a contribution?

Or 1. with the initial establishment of the Trust and dependant on the Trust deed, the SMSF is appointed as a…[Read more]

I would suggest that you research this area of the site as the general topic on structures has been covered many times.
Advice on basic structure set up is quite common.

The following is a brief overveiw of some of the considerations that can be taken ,however I encourage you to undertake further research on your own or…[Read more]

Why not talk to one of the brokers who give their time and assistance to enquiries on this site.

Regards
Bryce Inglis
AR282821

Investment & Implimentation manager

Bryce8@optusnet.com.au

Replies on this site are intended as general information only, as any specific investment solutions/advice must only be given in accordance…[Read more]

There is a property investors group that meets on alternate months at either Swinburne TAFE in Hawthorn or at Victoria university in Footscray.
The Meetings are usually held on the last Wednesday of each month.
Information on these meetings is posted at another site .The link to this…[Read more]

given the hypothetical situation of my wife/girlfriend seeking part of a property owned by a Trust, that I am a beneficiary of,

Trusts are set up to automatically cover immediate family including unborn children as beneficiaries

Leaving out tax implications for setting up trusts and focusing on asset protection

Asset…[Read more]

I was flipping through a Margaret Lomas book and she says that trusts are a waste of time and do not really offer any protection.
What do you guys think of her statements ?

It seems a popular ‘fad’ amongst accountants currently to sell a Trust structure on the basis of providing asset protection alone. Since Accounta…[Read more]

Actually this idea is not new and was done in the late 1900’s, and you can read about it if you borrow a book titled “The Land Boomers” from the local library as its been a while since its last print.

My copy was inherited/ borrowed / stolen from my Mother-in-law. The name of the author is Michael Cannon and the publ…[Read more]

It appears that in one of my earlier posts a complaint was made that matters were unclear.

The following is reproduced from ASIC explaining actions that were undertaken by them and show a highly complex process due to the limitations of enforcement acting as a Federal body when dealing with State related matters.

The link to the…[Read more]

Its that pesky uninformed dude again, except now I need a wash[glum]

Bryce ….my comments were directed at your post higher up, which you have to agree didn’t make a whole lot of sense, and not at your choice of profession.

Sometimes I just dash stuff of the top of my head because there is nothing worse than typing a…[Read more]

Its that pesky uninformed dude again.

Some of the funniest arguments were from some dude who had no facts to back his views but tried to shut me up with the line “I’m a fully licensed finacial advisor, so I know these things”…….all he knows is where his commision cheques come from.

1. I know how to spell Financial, you…[Read more]

I was trying hard to warn people about it using maths and other “black magic” stuff that was beyond the comprehension of many of the forumites (you being one of them),

I can see that you do your research very well

bugger…wrong link

I can also see that your research about ASIC, (incidentally on the topic that you introduced)…[Read more]

ASIC thought something was amiss at Westpoint as early as Feb 2004 but they ran into some jursidiction problems and didn’t/couldn’t do much. Likewise there have benn some other stories recently on how they have ignored or failed to act on companies that looked pretty shady from anyview point.

Nat,

I am puzzled why you have…[Read more]

Perhaps we should transfer it to Forum Funnies

PS
love the colors,Red suits you very well

Regards
Bryce Inglis
Financial Advisor
Bryce8@optusnet.com.au

Replies on this site are intended as general information only, as any specific investment solutions/advice must only be given in accordance with the requirements set out in…[Read more]

I don’t go to wealth creation seminars, as under the Financial Services Reform Act they are only allowed to talk in generalities and includes a fair dose of claptrap.

Remember Wealth Creators usually know how to press their audience’s greed buttons and play down risk factors. Please bear this in mind when attending…[Read more]

You say that a trust give no added protection. But what if someone is pursued by ASIC for corporations offences and is basically sued? Having their personal assets owned by a trust would surely add extra protection in this case.

Are you discussing a trust that owns assets, or a company owning the assets and the trust owns the…[Read more]

A comprehensive guide (25 pages) on Capital Gains Tax is available at the Bantacs website and addresses your concerns, click on the link and then on the e-book Capital Gains Tax.

http://www.bantacs.com.au/booklets.php

A Capital gains tax property exemption tool is available from the ATO

From the introduction on this calculator…[Read more]

Is there a need for a Trust structure?

Addressing the potential of being sued?

It seems a popular ‘fad’ amongst accountants currently to sell a Trust structure on the basis of providing asset protection alone. Since Accountants may not be universally trained, or up to date in commercial law, they often miss what the full…[Read more]

I have been criticized both here and thru private messaging by one individual who states in a private message to me;

Be very careful..the product does not work and never will…if you think it does and start representing as such, any credibility you have will be gone forever.
Show me your proof that it does not work.

I have…[Read more]

I am just waiting at work for my lovely wife to pick me up so we can celebrate our 6th wedding anaversery at a very expensive resturant. My biggest problem is that I cant spell anaversery.

Regards
Bryce Inglis
Financial Advisor
Bryce8@optusnet.com.au

Are you gay or straight?[bigeyes][daisy]

Regards
Bryce Inglis
Financial Advisor
Bryce8@optusnet.com.au

I’ve taken a while to recontribute to the forum as I was pondering how to get across the point that risk, or even a discussion about it is not negative, but is simply a matter of identifying what the risk is, and by doing so recognize it and be able to take early preemptive action to mitigate or prevent its affects on us.…[Read more]

Try this link
http://www.stretcher.com/menu/topic-a.htm#christmas

[xmas][xmas][xmas][xmas][xmas][xmas]

Regards
Bryce Inglis
Financial Advisor
Bryce8@optusnet.com.au

Replies on this site are intended as general information only, as any specific investment solutions/advice must only be given in accordance with the requirements set out in…[Read more]

I went thru a phase of poverty in life when I was studying financial planning and my wife was finishing her masters. I now work and she is on a PhD scholarship which doesn’t provide a lot of money. During the poverty phase we purchased Christmas decorations during January saving up to 2/3rds of their cost. We stor…[Read more]

Hi zen,[biggrin]

Did I read less than 3 percent drop in the last 12 months? I don’t know anything about property in Victoria but a drop of that size is not alarming considering how much it has gone up. I really don’t know who to believe, some say 10 – 15% drop some say still holding up. What is going on???
Your confusion stems…[Read more]

A little bored Bryce?
Hi crashy,[biggrin]
I agree and will try and make them shorter. History is dull reading for some people and yet we often use historical data to analyze situations. I also notice that your posts have been less fiery since March. (#;! $# ASIC)

Get a job in a regional centre and your employer will often pay…[Read more]

Awareness of risk is a necessary part of living; it is part of our lives and we use it subconsciously in most of our daily living activities such as driving, cooking, working, etc.
When it is stated that risk is inherent to all investing and that the amount of risk is proportional to return, it does not mean that because there…[Read more]

Why wait for 2006

From the following link

http://www.realestateview.com.au

State of the market
10th November 2004
The latest housing market statistics confirm the end of the housing boom with median house and apartment prices and building approvals in Victoria continuing to decline.

According to the latest REIV figures for…[Read more]

To continue with the subject of risk

“Government’s view of the economy could be summed up in a few short phrases:
If it moves, tax it.
If it keeps moving, regulate it. And
If it stops moving, subsidize it.”
_ Ronald Reagan

Robert Shiller PhD, Professor of Economics at Yale University has written a book titled ‘Ir…[Read more]

Posted by Richmond
If anyone’s worried about interest rates hitting 8 or 9% why wouldn’t you fix for the attractive 3 year rates that are being spoken about in other threads?
This very question had me puzzled, as it is in direct conflict with the economic views expressed in the prior posting. The ANZ Bank for example offer a 10…[Read more]

You make some very true and pertinent comments in your reply. However I find a lot of people tell me to jack off as soon as they find out I’m a financial planner.

Hi Honky tonk…[Read more]

As far as I know Victoria is the only state to publish information in this form.
A link is provided to the other states here

http://www.land.vic.gov.au/land/lcnlc2.nsf/childdocs/-418EED712A81C5AE4A256A0A0015CDC1-26C8409B2467569D4A256A0A001DAC6F-6EA5AF126BB7E445CA256E5F001486F3?open

Each state operates independantly and…[Read more]

The most important part of my job is to know product and asset class risk factors ,and I am obliged by law to match risk in line with client profiles. I am in life an optimist and sometimes play the part of devils advocate solely to provide information so that balanced decisions can be made by my clients.
So will we start of…[Read more]

The book “a guide to property values 2003” is available it may be ordered online and costs $59.95 as a cd or $39.95 as a book.The link is

http://services.land.vic.gov.au/landchannel/content/guide

Regards
Bryce Inglis
Investment Advisor
Bryce8@optusnet.com.au

Replies on this site are intended as general information only,…[Read more]

To summarize so far.

It is important to realize the difference between a budget designed for wealth creation and one designed because of financial hardship.
Up to now I have concentrated my discussions on the idea of creating money for investing by the use of budgeting for increased cash flow, and using goal setting as the…[Read more]

You have raised an interesting topic which is complex to answer, and it may vary from company to company.

All commissions including hidden commissions must now be declared prior to advice being given to a potential client and this is part of the Financial Services Guide (FSG).
The complaints procedures are also covered…[Read more]

I would like to address some issues raised by marc1.
How can anyone ask for advice from a financial adviser unless he wants to become a financial advisor himself is beyond me? Those that wish to discuss superannuation, estate planning setting up trust structures and syndicates, diversification of portfolio for risk reduction,…[Read more]

In the last post I said that it is not in the banks interest to inform their clients, indeed although they are governed by law regarding disclosure of fees .although at times we may feel them to be excessive, ridiculous or incomprehensible.
It is not what the banks tell you, but what they omit to tell you, and if you feel you…[Read more]

“selling yourself for cash”
Hi sis, perhaps I could become a stripper and get people to pay me to put my clothes back on.[confused2]

you can build a residual income by going into network marketing.
Hi Marc1, I will be talking about network marketing but using a different slant on the subject. Also network marketing has bee…[Read more]

Another reason for goal setting is that by putting our goals in writing or cutting out a picture and sticking it in a scrapbook we are giving our subconscious mind an instruction, and in going about our lives making daily conscious decisions our subconscious is involved in the process to guide us toward a particular goal. We may…[Read more]

I preferred it prior to March when I didn’t have to use it and was a simple property advisor enjoying simpler discussions that wouldn’t land me in jail if I said the wrong thing I also miss discussions with the likes of crashy and billfromoz

Regards
Bryce Inglis
Investment Advisor
Bryce8@optusnet.com.au

Replies on this site…[Read more]