Recent content by investor888

888...you promised your last post earlier...now bugger off and honour your promise....just a bloody nuisance with your smart alec remarks...very very immature little childish attitude...really.... Yeah, final post. Thorpey. In the business world they call this Goodwill on the balance...

Actually, add another $4million to my "gross" wealth guys. Seems like you guys want to value 95% LVR properties into your "gross" wealth calculation, with only possible future potential net wealth from this. I forgot to factor in myself as a net wealth generator. Hey, like property, I...

Well I am saying 2500-2600 All Ords by Nov/Dec. So off the current 4460, say 45%. Then my crystal ball says another rally for a while, then the last down to maybe 2200, before it's all over. I think this because it will take a while for all the Alt-A, and option arms in the US to filter...

OK, this is my final post! promise. Getting more and more news that after this large rally in stock, the next move down will be big and will be in Sep/Oct/Nov. We're not talking the fringe analysts here. Reasons given are the same reasons as I believe. All the talk of "recovery" is just a...

Evidence bill - and final post! OK, Bill. We'll agree to disagree. Good luck with your property boom. Cheers

Anyway Bill.L . Keep hoping for that 20%+ pa. I'll be getting more properties mid-late next year when the price comes off about 10% after FHOG, and the next wave of the downturncome. Shares in Dec/Jan, after they fall back again Sep/Oct/Nov. Cheers guys. Enjoy your property "boom". haha...

Piston, you sounds as sarcastic as me :-)) Yeah, looks like some Somersoft people are predominantly in the 500K-3m range ("gross", including PPOR, what the?). But I have now seen the Somersoft light! I'm converted to the Somersoft religion. I'm on my way out today to turn my 25% LVR into...

Yeah, there is an easy system. Just add the property to shortlist "add to shortlist" on domain or realestate.com, or print the ad out? Remove the property from the shortlist if it's sold.

Looks like the Rudd government is entertaining the idea of slapping a capital gains tax on the family home, and making the family home interest deductible. Initially on $2m+ homes, but how long then would it take to slowly bring that threshhold down. If they did go in this direction, then no...

Or how quickly your nett worth is likely to decrease!! If the property prices come off 10%, JIT's gross will be about 180%, but his net negative. Anyway, to play the Somersoft game (gross wealth increase about 90%), Potential for 300% + 90% (or 400%), four fold. Yeah, I'm feeling rich baby!!

Gross Worth??, does it make a difference. The numbers are meaningless. If like JIT, you have a "200%" increase in gross wealth, by getting two 90% and 95% LVR properties. Maybe then all of $20K closer to retirement. You should be asking net wealth. Gross wealth is very easy to aquire...

You misunderstand keithj. The comparison to the Great Depression is the market mindset. Like in 1930, we are in the period where everyone thinks that the worst is over after the 1st large market fall, and subsequent rise. I think there will be another steep down trend in the market come...

Come-on Bill.L, Australia in 1929 was a pissy little back water island in the middle of nowhere. (and despite Kevin Rudd's grand global ambitions, we pretty much still are). In 1929, Australia was also a lot more self sufficient, and manufacturing a lot for itself. We are now very dependent...

Install it from Microsoft. Windows Installer 4.5 Redistributable http://www.microsoft.com/downloads/details.aspx?FamilyID=5a58b56f-60b6-4412-95b9-54d056d6f9f4&displaylang=en

Who said cash (except for super). On another thread I said an offset account, after selling off the gains from shares. Cashed up (now on 25% LVR, equivalent) ready for the next stock market fall to pick up cheapies in Dec/Jan, or more properties next year when confidence turns.