Recent content by donkey

Maybe falcon can explain why he thinks its such a 'rediculous' idea. My IP is not in sydney and thus not in a high growth area. I believe that I can make substantial gains on this stock. I have no intention of buying into an overheated syd property market whose bubble is about to burst

Some of the responses are interesting ( a few!)... I think 'gambling' is a bit strong a word to use in this example where Ive analysed several years financials and done more research on this company than your average aussie battler. Mark Z (CEO of FBook) is a genius on par with Steve jobs and...

I write to discuss Facebook shares on NASDAQ. It is my opinion that the shares will double in price in the next 1 to 2 years. It is currently trading around $80 a share. At the moment many analysts in the States predict the share price in the short term to be around $105. I'm thinking of taking...

If Unemployment rises significantly then we could see rates increasing significantly as well.

I bought an IP around 13 yrs ago and the air con system was old. I thought back then that it should be replaced. I have new tenants in the house and paying top level rent. They havent asked for a new air con system but cant decide if I should pay for one or not. I recently refinaced my...

In your opinion, if you had equity in your IP and could borrow additional funds to buy domestic shares (fully franked) do you think its a good idea or not? The ATO allows you to claim interest on the loan for this purpose. The outlook would be long term dividend shares as opposed to buying...

Ive had a cba comminsure policy for over 13 yrs and never made a claim. It costs me $115 pcm for building and landlord insurance (for a 3b/r 1 bath). I recently asked for quote from ANZ (as Ive just refinanced with them) and for the same policy and excess its $185 per month. Ive tried...

I like this comment ''Trust me. We won't have RBA rates going up to 5% in the next 10 years'' Anything can happen in global economies. Only last year American was on the brink of defaulting on their budget and many economists suggested hikes in world interest rates. We are a small economy...

Ive just refinanced my IP and serviceability was proven based on the current int rates. I topped up my loan and have borrowed maximum that I could. I fixed my rate 5 yrs for many reasons and now will know what my cash flow will be. Its cheap finance at this fixed rate as rates are low. The...

Just a general discussion here.... Are there any old esteemed members of this forum who had debts in the late 80's / early 90's when rates were 18%. I was a youngster then but remember my parents having their business loan, home loan and overdrafts on the clinics. They had to pay the private...

I would be paying it every year and installing a co2 detector in my house which I have done. The more safe things are the better.

I think this is a strange comment coming from a broker. What is the justification for this comment?

you say that your 'yet to hear a good news story'.... read member 'danwatto' comment above who says: ''I fixed my PPOR for 5 years the last time rates were at the bottom. I saved alot over the first few years when rates went up but that was mostly due to being lucky. '' I believe that we are...

I dont think that I will be paying a premium when rates move back to 5% or 6% which is likely to happen before the 5 yrs is up. The repayment at 4.59% is cheap for $250k. the chief economist at anz recently said he doesnt think rates will rise for 3 yrs. I dont believe this. They always...

like anything in life you get what you pay for. Avoid the hr block companies. Full of useless accountants