Recent content by big_head

I'll buck the trend here. If you are not comfortable investing interstate and prefer Sydney then stick with it. Yes the prices are hot at the moment, that however doesn't mean there aren't opportunities. Be patient and do not get caught up in the hype. This likely means no auctions. If you can...

The bigger the amount the better. i'd say an absolute minimum of 2k a position. reason being commission drag from your brokerage fee's. Try and keep them as low as possible. Don't play with money you don't want to lose! I have never day traded, just short to medium term stuff. But i do follow...

i'd look at hurlstone park before canterbury. Dulwich hill has done well, alot planned for canterbury, hurlstone park sits smack bang in the middle.

I had a very similar problem, it got to the point where i couldn't produce 100 points of ID for any one name. I moved interstate and couldn't even get a new drivers license! Only solution was to change my name with BDM. Took a little while to iron out, but no longer any issues.

Cable internet with docis 3.0 (speed pack) is the way to go (if you can get it). 30-60mbps over wifi (depending on distance from router, upto 100mbps when connected by cable to the modem. With the nbn taking over the network and doing upgrades around 2017, this *should* be able to get up around...

Great post. A bit left field, but does life/trauma/income protection change the way a bank looks at an application? Does it affect serviceability?

I'll take the terrace thanks.

Private health (the hospital component) only covers in-patient services. Assuming the 12 month wait is for public patients, you can skip the queue usually by paying out of pocket. Private health insurance is a complete rip off in Aus.

Looking for laminate or bamboo flooring at the moment for an IP. Been all over the place, including carpet call. Snake oil sales man who was very intense and was prepared to 'do us a deal'. By far the most expensive out of all the options we have looked at. Even though its an IP, we aren't...

Thanks for the replies. Hypothetical numbers. PPOR loan originally 500k @ 90% Repay 50k into offset and get house revalued now @600k. Reduce balance of PPOR to 450k, and access available equity up to 90% (so total loan amount 540k). 2 loans now both secured by PPOR, one for 450k...

Hi, I have recently redrawn against my PPOR for the purchase of an investment property. There is some money left in this account, would I create any contamination issues from a tax point of view if I was to use the remaining funds to purchase some shares?

Hi, We are currently going through settlement for an investment property in NSW. First time ever dealing with strata. We plan on doing a complete reno, from floors to kitchen to bathroom and built ins. To save a bit of time, i informed the property manager on exchange hoping that we would...

Champagne....yes please! A glass of Krug always puts a smile on my face...closely followed by a good chardonnay

Annual fee i believe is $89, but as i said they will waive. I have had it for a few years, only paid the first year. Yes its woolworths, yes the service is far from great....but i don't pay a cent and keep the points ticking over. If i was looking for a card now though i would take the...

or if you can deal with them, this is a good deal.. http://www.citibank.com.au/familyandfriends/