Recent content by Tibor

Hi quiggles, I dare to disagree with you in several points and agree with Kiyosaki. You don't have to agree with, but you might just missing the point completely. The issue in the book was that the superannuation had changed from defined benefit scheme to defined contribution scheme. If you...

Taking equity out to assist fund business growth then when cash start flowing will take it out of business and put it back into RE :)

I've used Westpac General Insurance. After some storms in Brisbane the agent got the repair done and they paid in a timely manner. I was happy with their service and had to contact them only once.

Hi there, Some of you might remember that I was strongly suggesting about 2 or more years ago to Forumites to look at Logan shire. At that time I made a very bold prediction (which I do not like to do) that within 3 years the minimum entry price will be $100,000. Now as I just lightened my...

Hi Rolf, it is good news. I might be cynical, but I am sure you remember of a company called Enron? To me GE no matter how big it is is just another company, albeit I have to say much better managed and financially much stronger. At the same time big companies (and insurers) disappeared...

Thanks Peter, One thing I'd like to mention. The Forumites are in the less than 5% of the population category, as a matter of fact some even in the less than 1%. For the average person (95%+) risk management is negligible irrespective they buy as an owner occupier or as an investor...

Hi there, I've just came across the following article. It is very interesting as well as some of the conclusions made. I am not sure how reliable their sources for the graphs, but definitely a point of view, which might even be very valid. LinK...

Hi SC, It seems to me a 30% ROI in 4 weeks, mate its not bad at all. :D

Peter, Obviously it is your opinion which is fine. The only thing I'd like to point out that the Reserve got it just as many times wrong as it got right, you might even remember to the recession we had to have? Was not the RBA independent and wise at that time? Economic indicators...

Hi WaySolid, The most important thing in ANYTHING in life, you would feel comfortable with. I am just an outsider who expresses an OPINION, which could be absolutely incorrect. I hope it goes well as there is a need for it, this is why I asked if you don't mind to give a feed back in a couple...

Hi there, I love to hear all this wonderful economic news, how well things are going here and growth rate and the need for interest rate rise as we grow too fast :confused: . Maybe this is why the government had so much surplus as lower unemployment rate means less social security payments...

Hi there, I hope that I am not being cynical, but it sounded to me very much like the now disfunct freestylers club. Although there I think it was only $99 th eannual fee if I am correct. I met lots of very interesting people there who also frequenting this Forum and enjoyed it while it...

Hi Steve, What about the buying and selling cost? You have to take off close to $50 for it, and also inflation then look at the ROI. WPL paid 46c (assume fully franked dividend) in the last 12 months and if they pay the at least the same it is an extra $46 which would cover the buying and...

What an absurd way of thinking. :rolleyes: So if you do your due diligence properly and get the correct advice from advisors, including the ATO when tax effectiveness involved, to ensure that you are legally comply with the law (and also to avoid the that ATO would come back later on and...

Hi Nigel, Thanks for the update, I am also looking at regularly the website. I think it is going well albeit not spectacular, but the market did not have any great dip (at least 10%) when the fund should start to shine, due to its investment strategy. I am basically happy with the...