http://www.zerohedge.com/article/meredith-whitney-no-doubt-we-have-entered-double-dip-housingMaybe Kiyosaki is right … if we don't change the whole middle class will be wiped out … D

Thanks No.8Yes I am as well … some days I wonder why with all this compliance stuff … if we make a mistake we go to jail but if a doctor makes a mistake they bury it.Scratch … How much money did you make in your super last 5 years average … ??It is a know fact that over the last 5 years the average super fund has performed poorly, right?If…[Read more]

Points well noted Kum … thank you for your great opinions.The more information the better prepared we are, right?

Hi FWIt is not the fund that is the problem it is the people and companies you trust that are making bad financial decisions with your money.Most funds are "derivatives" and are destined to fail … a company designs a derivative to make profits for themselves.Please read Robert Kiyosakis new book Conspiracy of the rich to understand this.You/we/I…[Read more]

Sorry I think the problem is too many companies are "controlling the client"A wood duck … Sorry … an unsophisticated investor (forgive me) goes to a mortgage broker to refinance … mortgage broker says hey you can afford an investment property I know a great company xxx marketing group … xxx does a big sell by a slick sales person who is…[Read more]

Yes you are in it … good luck.

Hello FW good comments,I believe the Government should link your PPOR to your SMSF with a max lend of no more than 50% on independent valuations … whyBecause people are spending their equity to survive and 95% of people at age 65 can't afford to stop working … Your PPOR should NEVER be used for wealth gearing purposes … only marketing and…[Read more]

Thanks Michael,What young investors not realize is that they can be sailing along nice and easy then out of nowhere an EVENT changes their lives which includes, death, divorce, natural disaster, government policy change, interest rates etcI believe we can reduce the risk by reading as much information before we get caught in a hole not knowing…[Read more]

Well you can never say never …In the webinar he pointed to rising job losses … nondisclosure of true debt … the EU and IMF can't fix the problems with money … DOW rising to 11,300 then dropping from end of July forward … Inflation interest rates and deflation … rst mortgages are choking the banks now and the banks don't want to get the…[Read more]

If they refunded you $3,850.00 at settlement we call this stitched up … this is a close technique to get you in quick … Henry Kaye did this years ago … buy today and i'll throw in …Simple you paid too much and now you will have to wait a long time for any real growth.Did you have an independent solicitor or one from their board?Demand your…[Read more]

Funny thing is I can't find any body who admits to voting for him in the last election … hahahahaha

Hello I think you are very smart when you consider a new one bedder there is selling for over 500KWhy in gods earth people are buying new properties in this market and struggling to make 3% is beyond me.All the old books before the boom said buy second hand properties.A friend of mine in QLD just bought a 2 year old house in Coomera walk to bus…[Read more]

Hello DWOr a rich person owns 4 houses with no debts …D

Hi Fab,Answer these questions,Did you buy from a licensed real estate agentWho was the sales person that "convinced" you to buyWhat was the name of the companyOn the settlement sheet who and what received the commissions … Caveat Emptor What is yr occupation ie sophisticated or unsophisticated investor Did you hear about this through a seminar…[Read more]

Mackay is flooded with lots of discounted 2/3 year old properties … do yr research well … off the plan means you are paying a premium price …D … Gateway to the Whitsundays just beautiful.

95% of their club members are selling or advising on real estate with a license …I have been to several club meetings and they are very funny and well versed … we don't sell property we are here to guide you cough …D …

I LOVE regional towns the shops and the people …I love Mittagong and Camden area … BUT … then rents are down and there is no growth from investing unless you buy a motel or aged care development ??Young people are moving out and older people can't afford the rents … put the rent up $5.00 and the tenant will leave then try to find a…[Read more]

Hi Jac,I do some consultancy and research work for http://www.realestateedu.com.au There is a FREE 24 module full colour real estate riches home study course there valued at $4,001.00 … no up sell and no weekend seminars.The owner is about to launch a new concept of on line courses and coaching with lots of videos … they have 4 paid programs and…[Read more]

Couldn't agree more FW …All we ask from a government we put into power is …Do what you promise from the get go …Give ALL of us ONE set of rules and don't change them so people go broke …RUDD has good ideas but fails to listen to members of his teams ideas of how to implement them …RUDD is a megalomaniac …We are all from diverse back…[Read more]

In 1991 the yen fell under 20,000 points and they said it would never happen …Don't ever believe that markets never correct and if China is or becomes unstable Chinese investors won't worry about their deposits they will do what the Japanese did, pull it all out of Australia to survive back home.Time will tell … the more INFORMation we have…[Read more]