Viewing 15 posts - 1 through 15 (of 15 total)
  • Profile photo of MrIronmanMrIronman
    Member
    @mrironman
    Join Date: 2003
    Post Count: 38

    Howdy

    How does the star thingy work? me wants more stars

    Cheers[:D]

    Anto

    Profile photo of Still in SchoolStill in School
    Member
    @still-in-school
    Join Date: 2003
    Post Count: 1,844

    I think it works like this.

    1 post – Newbie
    2 – 50 Member
    51 – 110 Bronze Member
    111 – 500 Silver Memember
    501 – 1000 Gold Memmber
    1000+ – Platinum Member

    Not sure if there are any more starts after that.

    though Administrators/Moderators have different stars again.

    cheers
    s.i.s

    Save on a regular basis
    “People forget that by saving just $3 per day and investing it sensibly over a working life, you’ll end up with around $1 million.”

    Profile photo of MrIronmanMrIronman
    Member
    @mrironman
    Join Date: 2003
    Post Count: 38

    Hi S.I.S

    Are you reeeally still in school?. You are on here alot.

    Cheers[:D]

    Anto

    Profile photo of RubbachookRubbachook
    Member
    @rubbachook
    Join Date: 2003
    Post Count: 288

    S.I.S is 54 years old with 5 children living off an indexed pension and +CF income.

    Profile photo of RubbachookRubbachook
    Member
    @rubbachook
    Join Date: 2003
    Post Count: 288

    …and has averaged over 8 posts per day!

    Profile photo of Still in SchoolStill in School
    Member
    @still-in-school
    Join Date: 2003
    Post Count: 1,844

    quote:


    S.I.S is 54 years old with 5 children living off an indexed pension and +CF income.


    wat…lol

    nah but with the jokes aside, i am still in school, actually university, and im 21.

    now were did that come from…. me being 54 with 5 kids and on a pension…lol,lol

    cheers
    s.i.s

    Save on a regular basis
    “People forget that by saving just $3 per day and investing it sensibly over a working life, you’ll end up with around $1 million.”

    Profile photo of RubbachookRubbachook
    Member
    @rubbachook
    Join Date: 2003
    Post Count: 288

    I’ve seen you on your verandah rocking on a chair smoking your pipe.

    Profile photo of Still in SchoolStill in School
    Member
    @still-in-school
    Join Date: 2003
    Post Count: 1,844

    lol, dam that explains why i look so old… but the kids… im not sure whos they are…

    cheers
    s.i.s

    Save on a regular basis
    “People forget that by saving just $3 per day and investing it sensibly over a working life, you’ll end up with around $1 million.”

    Profile photo of RubbachookRubbachook
    Member
    @rubbachook
    Join Date: 2003
    Post Count: 288

    I have the same problem with the kids. My third is literally due any day now (wife is 39 weeks). With the other two, I know I’m the father, but I’m still wondering whether she is actually the mother… [:D]

    Profile photo of Still in SchoolStill in School
    Member
    @still-in-school
    Join Date: 2003
    Post Count: 1,844

    lol,lol,… dam, i got to do the runs to day… i gotta vist, each kid.

    cheers
    s.i.s

    Save on a regular basis
    “People forget that by saving just $3 per day and investing it sensibly over a working life, you’ll end up with around $1 million.”

    Profile photo of MrIronmanMrIronman
    Member
    @mrironman
    Join Date: 2003
    Post Count: 38

    Hi S.I.S and co

    I’m 22 myself. Just starting- do you have any advice for a beginner on investment structure and capital raising?

    Cheers[:D]

    Anto

    Profile photo of Still in SchoolStill in School
    Member
    @still-in-school
    Join Date: 2003
    Post Count: 1,844

    Hi MrIronMan,

    Really just read heaps, i guess for me personally, i dont have any money what so ever seating in the bank, every time i get payed i invest it into shares, and then from my shares re invest that money into property, though i cant say the Share word here on this forum.

    For me personally, i cant help myself, but i love investing and making money, i mean work is great and all, but you can only work so many hours, like for money it can work all day and night long and make more money, theres not much to say but that.

    cheers
    s.i.s

    Save on a regular basis
    “People forget that by saving just $3 per day and investing it sensibly over a working life, you’ll end up with around $1 million.”

    Profile photo of redwingredwing
    Participant
    @redwing
    Join Date: 2003
    Post Count: 2,733

    Still In School

    was reading “an interesting finding from macquarie bank is that more and more under 30’s are using Margin Lending to build investment portfolios before moving into areas like property”

    Leveraging and getting into both markets !! [;)]

    On a side note

    How does

    saving just $3 a day and investing it sensibly over a working life, you’ll wind up with over a million dollar$– work ??

    Just quickly $3 x 365 days in the year = $1’095

    $1’095 x 40 working years = $43 800

    Granted this is at a flate rate, but ‘what’ rate would you have to be achieving to compound the interest and investment Dollars to get $1000 000.00

    “The man that thinks at 5o as he did when he was 20 has wasted 30 years of his life”

    Profile photo of RubbachookRubbachook
    Member
    @rubbachook
    Join Date: 2003
    Post Count: 288

    If you invest three dollars a day for 40 years, wouldn’t you have to be getting around 11.7% interest to hit $1,000,000?

    $1,160 after year one
    $20,800 after year ten
    $87,900 after year twenty
    $304,000 after year thirty
    $1,000,000 after year forty

    Profile photo of Still in SchoolStill in School
    Member
    @still-in-school
    Join Date: 2003
    Post Count: 1,844

    Hi Redwing,

    to be honest, i wouldnt know the answer exactly, Rubbachook, just informed of this post earlier, but, i just took the quotation, from one of Paul Clitheroe books and noted it up here, so im guessing going either with Rubbachook or that the working life is could be longer than 40yrs.

    But i have definitly heard many other sayings which are similar, that investing $20 a week till your are 65, you will have more than $1million in Cash Investments, so im guessing both quotations are similar but, i have no idea what rate or return you will need to suceed.

    sorry that i couldnt be much help

    cheers
    s.i.s

    Save on a regular basis
    “People forget that by saving just $3 per day and investing it sensibly over a working life, you’ll end up with around $1 million.”

Viewing 15 posts - 1 through 15 (of 15 total)

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