Recent content by CG++

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    Stupid****** Stole my phone!!!

    Damn shame one has to think twice about helping someone out.:( Sorry to hear about your troubles Rugrat. Good idea not to chase her over a phone as you say.
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    Recommendations for Financial Advisors in Sydney

    In my meager opinion, this is correct. Unfortunately Financial Planners have ranging products that can affect their recommendation depending on how many mouths thay have to feed at home. Saying that though, like any broker or any person with a product to sell - there are good ones and bad ones...
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    2 or 3 bedrooms?

    3 bedrooms if you are talking about a house.
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    Valuation's

    They like about 6 months in between. I recently rang my personal banker at NAB for the third reval in 18mths. Depends on who your personal banker is too. If you build the repore they don't tend to look at the rule books unless it's for more credit.
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    10% deposit with LMI vs 20% deposit and waiting longer

    Good one, Zepth, sounds like you are on your way. I don't mind LMI myself if it gets me what I want. It's an expense your accountant can write off if he's any good. A very long time ago I had an accountant that asked me - "what would you want to buy property for?" Watch out for those ones.;)
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    Western Sydney areas ? Which are the best.

    anisavu, you are asking which part of the cake will rise first. One part will certainly rise before the other but eventually the whole damn thing will go. (Unless it's me cooking!:p) It's Parramatta, it's Blacktown, it's Quakers Hill, it's Kellyville, It's Crows Nest, it's Nortern beaches...
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    Rental increase

    I like Wylie's idea. It depends how compasionate you are and/or if you look at your properties like running a business. The question then is how much compasion do you show your clients if they were to ask you to give them a 1% discount on their account for the next 12mths, considering they are...
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    Graduation gift ...help!

    Probably a hasty post considering you could have been talking about a 4 week trip on a tour bus around Europe - no harm or offense meant there. I was thinking more along the lines of too many grads taking off for a year and coming back broker than they left with too much of a taste for booze...
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    Shifting of our economic centre to Asia

    Well China is certainly buying up big in Aus. You name it, coal, steel, uranium, properties. At what point to we say enough, or do we not bother? In 50 years will we look back and will we regret it? Your words echo in my thoughts, Michael. How much of Australia is still ours and how much of...
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    Australian market 50% overvalued according to The Economist

    Sydney is Sydney. London is London. New York is New York. Got a demand to live near the bright lights, harbour, theatres and restaurants, got a nice income...then pay the price. While there is demand - there will be expensive properties in expensive cities. Noone can expect to be paying 700k for...
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    Graduation gift ...help!

    Could not disagree more with that one. Does anyone want the girl to get a good job or not. Some sort of keepsake gold necklace? Maybe a locket? I like Nathan's idea about the diamond earings too.
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    Should the poor guy get fired?

    Nice to see most of the voters so far have fair attitudes in giving a bloke a second go. Pretty funny, though. :)
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    Our First Smsf Purchase - A Step By Step Guide

    Thanks BV and manoj, More early morning reading, this is fantastic stuff! Cheers!
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    Our First Smsf Purchase - A Step By Step Guide

    Thank-you for this information, BV. I am setting up my SMSF and have been researching the forums. Does your SMSF set-up still comply and does this thread http://www.somersoft.com/forums/showthread.php?p=629591 affect your SMSF structure? Compliancce rules are so challenging, accountants and...
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    US Depression postoned; not prevented

    Right on Bluecard, I'm also battening down the hatches. Actually have been for some time now. Too many risks, too many unforseeables and unknowns. Consdiering we escaped "something", credit is too tight for me to take risks. The bigger question for me is: Did we escape it? Nice thread guys.
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