timbo. wrote:
Hi all,My Question:I want my current IP to be protected, but I'm not sure if it will be worth the costs involved.Should I transfer my current IP into the trust or leave it out?I'd be grateful to hear from anyone who has been in a similar position or has an opinion on this.Cheers,Tim.

I would not move your existing house into the…[Read more]

Ptialv wrote:
Can somebody please explain what is lazy equity.

Lazy Equity can also be used to describe money that is not working as hard for you as it used to be,.. for example,you buy a house for $200,000 that earns $16,000 rent per year so that is a 8% return,…. how ever 3 years later your house is now worth $400,000 but you rent has only…[Read more]

Scott No Mates wrote:
As Foundation points out, there may be some long term capital growth (positive thinking), however as you continue to increase your leaverage (way ahead of capital growth) you are dramatically increasing your risk profile. If you aren't repaying your interest on your facility, the financier does have a right to foreclose and…[Read more]

regina wrote:
well, what size of portfolio do you need to earn say $50,000 per year in dividends?

as with property it really depends what yout investing in,….. you could earn $50,000 / year with as little as $625,000 if you invested in some high yeilding stocks,…. and remember alot of stocks come with franked dividends so the tax has…[Read more]

regina wrote:
Hi foundation,share dividends, even with a large portfolio, don't really give you enough income to live on, unless you are heavily leveraged with installment warrants.

What do you mean you can't live of share dividends,….. there are alot of share's that return good dividends, and you can also slowly sell small parcels of your…[Read more]

L.A Aussie wrote:
In defense on the negative comments on the site, I think you'll find that a lot of them are from very experienced investors who have seen the busts as well as the booms, and are trying to protect everyone.People like Foundation are not trying to put us off property; he is trying to make sure we have our eyes open..

I agree…[Read more]

Da Man wrote:
This may be a silly question……but I'm having trouble getting my head around it.  If I have a fully variable loan on my PPOR and I have an offset account, does making extra payments from that offset account into the loan make any difference to slashing the term of the loan?

what exactly do you mean,…. if you are asking if y…[Read more]

Boy in Blue wrote:
I understand the concepts and the power of compounding investment…What i dont understand is how people will be able to afford property in 30 years time, on the basis of 8% average growth for 30 years, take Darwin as an example used before:Annual Average Growth 8%Annual Inflaction 4%?

Well I don't think it will be nessary…[Read more]

Handy Andy wrote:
Hello Mick..I think you will find something for 900K…..however, if I were you, I would definitely consider something along the train line, because 900K will get you a VERY VERY GOOD PLACE in the burbs….whenever I had to go to the CBD, I always "train" it..parking is getting ridiculous…just an idea…

I aggree,… I would…[Read more]

foundation wrote:

Tysonboss1 wrote:
remember that the most capital cities have averaged close to or above 10% growth long term,…. and the rent generally increases faster than inflation,

Rubbish!

what is rubbish,… over the last 30 years most capital cities have achieve close to 10% growth,

remember that the most capital cities have averaged close to or above 10% growth long term,…. and the rent generally increases faster than inflation,

Scott No Mates wrote:
Seriously guys, do you actually understand the scope of work or the cost of a loaf of bread today or are you happy paying Coles & Woolies the $3.60 ish each day when you can pick up the identical no frills loaf for a dollar less? Are you happy about paying $6 for a dozen free range eggs or do you prefer $3 from the farm…[Read more]

All I am saying is that singling out tradies is wrong,And when ever hear people talking about quotes and the like tradies have given them they always complain about the price, and say they must be getting ripped of.I just think alot of people expect things two cheap, when you factor in all the costs.Offcoarse there are rip off merchants,…. but…[Read more]

Its like anything,…. not just tradies,I mean what the price of a burger,… a big mac is $3 or you go to a cafe you can spend $13. weather it is value is up to you, some tradies have to travel futther,… some spend most of the day doing a great job time on the job others will rush it so they can fit 2 or 3 jobs into their day,… some use q…[Read more]

I don't think tradies charge to much,… I think most people expect to pay to little,when you factor in the traveling time, working time, materials, taxes, fuel wages. they have alot of costs, and it can be qutie gruelling work. 

jfiori wrote:
To Tysonboss and others like you;Don't worry, you can keep your apparent 'liitle' secret about positive gearing properties. I'm sure if it was making you so wealthy you wouldn't bother being on this forum big noting yourself. Its a sure bet that this is how you are in real life – just like one of those desperate people we come…[Read more]

Sailesh C wrote:
Petrie is a nice quiet pocket to own an IP in. It is close to train station, schools and shopping.

I have a duplex there to,

Look for an oil well that would never run dry,…

I fixed my loans for a mix of 2 and 3 years,….. maybe thats not long enough,

Sorry mate,… you must have caught me on a rough day.I shouldn't have been so quick to mouth off,…