[:0]Is it all over ???. Is it time for shares now ???
‘All I ask is the chance to prove that money can’t make me happy’
tony its never over till the fat lady sings. are you male or female? and can u sing?
Fat Tony,
It’s all started now! [^]Cheers
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PropertyGuRu
I want to be billionaire! [] Hi,
i think there are always times when one option is better than the other but it depends what your timeframe is and your budget – various asset classes can provide different methods of obtaining wealth
is it over? no, just time to be more creative
cheers,
bluecatDo today what you want to do tomorrow
Is it Over? Well I dont know. Buy i know its going to be tougher. We have historically low interest rates still, so the world wont cave in.
I feel rents will start to rise as interest rates rise and prices may fall and start to stablise.
But I am consolidating waiting for opportunities in 2-3 years. And learning a bit about commercial properties now.
if you find a deal where the numbers stack up and you keep your sleep at night factor after doing all necessary research etc… why wouldn’t you go for it? Just because someone, or the media, says property isn’t a good idea right now? Is the glass half full or half empty? it’s obviously harder now, but far from impossible. Just be careful, learn as much as you can and take the step when you’re ready…
cheers
rAnd another thing. In my view its never a time for shares.
Why?
You have $10k cash. You buy shares and borrow $5k. Thats about all you can get.
You buy a property for say $150k.
Shares more volatile but go up by 15% and property more stable and goes up 8% historically.
In a years time you have made $2250 (15% of $15,000)from the shares and $12,000 (8% of $150,000)from the house.
You tell me, can you retire on $2k or live better on $12k.
Hi all
gee yack i’mgetting worried because i agree with you. But i must say i do love shares also.
the only thing about what you say is the most recent figure i saw was for the past 25 years and off memory it had propert 12% and shares 11%. if you did ran the same senario again you be even further ahead with property. We have to remember that this is in the past, we need to be more concered with the future.
I still love shares and see both as great investment vehicles, but at the moment i haven’t got a lot in the stockmarket just a bit in gold stocks.westan
I find +ve cashflow deals in New Zealand which I sell to other investors. To be on my database send an e-mail to [email protected]
Greetings all
I don’t know much about shares infact I know nothing, but I know some people have lost all their money in one shares transaction, but I don’t know of any one losing all their money in one real estate transaction.
Awaiting the response’s to correct me on this one …….LOL [
]Regards Bear
POSITVE CASHFLOW properties and Joint Ventures available!
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DONT MISS OUT!!!!!I love shares and property among other things!
my damn browser! i cant use the faces, it wont work.anyway, many shares are down. So not the time to sell anyway (the ones I have). Shares are volatile, but offer quicker wins (shall I say that? I mean buy and sell in the same day wins)- then you have to look for tax if you are a share trader or not, tax implications…
They are more liquid too and they are open to takeovers…ouch!
I use a margin loan facility, use their money pay mortgage type interest rates, but can earn a bit as a result. Can be complicated and scary, but I dont care…lol
excite me!
Elves
I know people that have lost on properties having to sell for less than they paid, so yeah they lost.
any risk has pitfalls, and if you play this game, you have to be prepared for any loses
the figures I see still tell me shares hold the better return, must be looking at the wrong years! oh darn!
Elves
hi all
yes elves
if you put in 10% deposit on a house and then sold it for 10% less than you bought it for you are right ,you’ve lost all your money.[]westan
I find +ve cashflow deals in New Zealand which I sell to other investors. To be on my database send an e-mail to [email protected]
Yes, I think this turn for share now.
Julian [
]Why not do both?
Having said that, I prefer property as I have some control over it. At least with a house, I can do improvements that add value, I can’t do this with shares.
Fortune Favours the Bold.
Yack said:
You have $10k cash. You buy shares and borrow $5k. Thats about all you can getWith $10K you should be able to borrow about $23K on a 70% margin loan, that gives you $33K of stock.
Bear1964 said:
but I know some people have lost all their money in one shares transactionThis is more to do with poor money management than with the sharemarket itself.
regards,
Rod.
Rod C said
With $10K you should be able to borrow about $23K on a 70% margin loan, that gives you $33K of stock.
Please explain. I dont understand.
Yack what Rod C is saying is
there are products called Margin Loans for shares, you can borrow up to 70% of the value of the stock (eg CBA 70%, so if parcel cost you $30,000 you would nead to provide $9,000 of your money and they lend you $21,000). the interest rates are higher than Mortgages on Properties and they have margin calls so you need to have cash for emergencies, as they will sell your stock on you in the event for the market going down.And Rod C i don’t think that you can blame investors of showing poor money management with stocks like HIH, Pasminco, Burns Philp,etc etc.[8] These were once considered good solid companies. I know Gerry Harvey told me that he lost Millions on HIH and i would never accuse Gerry of being sloppy with money (by the way Gerry didn’t really tell me i heard him say it on TV, it just sound more impressive the way i said it)[
]regards westan
I find +ve cashflow deals in New Zealand which I sell to other investors. To be on my database send an e-mail to [email protected]
“and they have margin calls so you need to have cash for emergencies, as they will sell your stock on you in the event for the market going down”
The broker will require “immediate payment” from cash reserves if the sale of stock does not cover the margin call.
Margin loans should be left to very experienced traders.
— Michael
Westan,
thanks for explaining what I meant about the margin loan, I was a bit brief (it was 6am after all [
]) when I wrote that.Yes, I concede that there are companies which have gone from Good to Extinct very quickly. But in most cases you should be able to get out before you lose it all.
Michael, I agree margin loans (like all forms of leverage) should be handled with care.
regards,
Rod.
Comsec offers a ‘Protected Portfolio Loan’ which allows you to borrow a whopping 100% of the value of a share parcel. It has other interesting bits like – and I’m quoting here – “you keep all of the capital gains but are not responsible for any losses”.
Sounds too good to be true?
http://www.comsec.com.au/Baseframeset.asp?b=SiteMessaging&iSeq=445
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