Recent content by Rino

  1. R

    Shares Vs Property

    I think you've picked the wrong company there if you want to go into the whole shares vs property debate. $1000 invested in Westfields when it first floated in 1960 with all returns re-invested would be worth just under $100 million today, and well over $200 million at its peak. This...
  2. R

    Rudyard Kipling.."IF"..

    http://au.youtube.com/watch?v=FOy8rneWlrs&feature=related Another good one: http://au.youtube.com/watch?v=1n3n2Ox4Yfk
  3. R

    $28m dream home sells to 25-year-old!

    Yes, lucky. That must be the secret to his success. Because I bet that business just built itself.
  4. R

    High yields from blue chip shares

    My God what a drama queen. Any investor worth his weight knows there is nothing to argue about when it comes to quality blue chip shares vs property. It's just not a bad idea to have a bit of both.
  5. R

    will you fix 4 years at 8.39% now ?

    Yes but why were they unable to renew the loans or find replacement loans? Do you think the banks wanted to see them fail, or do you think that they were just following sensible lending guidelines and after taking one look at Centro's balance sheet, asset valuation methodology and future cash...
  6. R

    will you fix 4 years at 8.39% now ?

    Absolute rubbish.
  7. R

    sharemarket good time to buy?

    Don't know what they were like in the 80's, but from around 1994 to 1997, yes, dividend yields ranged from 7-10%. Since 1997 they have ranged from 4-6% and during this time averaged 5.15%. CBA dividend history confirms this...
  8. R

    sharemarket good time to buy?

    Just be very careful with 10% dividend yield assumptions. Bank share prices have dropped significantly for a very important reason. The market is factoring in the sub prime crisis materially impacting banks earnings. Banks are now facing significant increases in bad debt provisions, write offs...
  9. R

    Interest Deductibility Question

    Yes, the LOC is used strictly for investing only. Come on! This is an investment forum. Who buys toys on credit? Wouldn't be too big a deal buying and selling everything. But I figured I'd save myself some money in commission. I see it as re-financing / re-structuring of investment loans...
  10. R

    Interest Deductibility Question

    I have a $200k margin loan. I want to get rid of the margin loan and fund my share portfolio using a LOC on my PPOR. If I draw down $200k from my LOC and use it to pay off the margin loan, is the interest on the LOC deductible? Or do I need to sell everything in the margin loan, then re-buy...
  11. R

    LOC Question

    Joe D, I don't want my wife's name on the LOC. But I remember helping my parents set one up a couple years ago with St George who insisted both names had to be on the loan as both names were on their PPOR being put up as security. We weren't sure at the time whether the loan interest would be...
  12. R

    LOC Question

    I know this has probably been asked before, just can't find any threads relating to it. My PPoR is in my name and my wife's name 50/50. We plan on using the equity in the form of a LOC to buy property/shares in my name only. Can the LOC/loan be in both names, used to invest in assets in my...
  13. R

    Diversifying from Property into shares

    Chilliaa, you are doing exactly what I intend on doing in a few months time when I refinance my loans and unlock some equity in my property. On the LVR side, I agree with you completely. As long as you can afford the interest payments, your strategy is low risk as a long term investment. A...
  14. R

    What's the funniest/worst excuse you've heard for NOT investing from people?

    I worked with a lady once who told me she had never invested because, and I quote: "When you invest money, you've got to give away half of everything you make to the government as tax". I thought I had imagined it, but some time later we were doing the whole 'what would you do if you won...
  15. R

    Enough is Enough

    I live in Sydney's West... Check Check Or tin sheeting and steel re-inforcing your roof tiles. Check. Plus security shutters on every sliding door and window, Rottweiler warning signs all over the front gate (I have a black cat!), back to base alarm, deadlocks, window locks, and...
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