Search results

  1. C

    Peter Spann Last Night on ABC 7.30 Report

    I like how he tries to blame the investor for investing in his products! He charges a fee to provide professional advise (promote a product), and then blames the investor for taking his advise... lol And it wasnt 1 failed investment.. what about all those agri-business which was frozen and...
  2. C

    Peter Spann Last Night on ABC 7.30 Report

    I lost thousands through Spann. He charged high fees selling products which made me no money. He got into bed with Macquarie, which he then sold Capital protected asia funds, buy write funds, Equinox funds all which ended been total disasters, but this didnt stop him from taking fees left...
  3. C

    Anyone want to make an offer on a 3b pound property portfolio

    maybe he is now buying in the USA?
  4. C

    How I got from just a PPOR to multi millionaire retiree in 5 years using only OPM.

    ouch thats nasty, unfortunately the stock market carries a high risk, and really isnt a serious investment tool. if you consider the few percentage points extra return you get long term from shares over say bonds, is it really worth risking losing 1/2 your investment?
  5. C

    How I got from just a PPOR to multi millionaire retiree in 5 years using only OPM.

    if you were holding QBE over the last 12 months, you would have seen a 50% drop in the share price.. so with 50% margin you would have been wiped out.. Just goes to show how volatile share investing is, and for the sake for a few extra percent return, you risk losing 1/2 your investment..
  6. C

    How I got from just a PPOR to multi millionaire retiree in 5 years using only OPM.

    so your telling me Keith would have known what the market was in for and exited his position? Why didn't he make a announcement here to save others of pain as well then since he is gifted with seeing the future? Point is no one knew what would happen, and since he clearly stated in his...
  7. C

    Is 10 years of your life worth $2M?

    Since when does IP grow 100% over 4 years? and then your $750k would today be worth $100k as LPT's were not worth the paper they were written on! nope cause no adviser would assume any asset to double in 4 years!
  8. C

    How I got from just a PPOR to multi millionaire retiree in 5 years using only OPM.

    somehow I dont know that his strategy would have worked over the decade.. the shares he purchased today are all dropping like a lead ball, so there would not have been any equity he could live from.. ALS QBE etc put the margin lending and the losses would have been magnified.
  9. C

    Why DON'T tenants pay water rates?

    My tenant always pays water usage.. however I pay the 'rental' charges.. I'm in VIC. The account goes into their name and the water company charges them direct
  10. C

    USA investment properties for an Aussie

    yep, I dont know why so many are so tunnel visioned to AU property.. I think that the next decade there will be no growth in AU, so why would you invest here? Look at the AU stock market vs US stock market, US market has done well and gained over the last 12 months, the AU market is down 15% vs...
  11. C

    USA investment properties for an Aussie

    great thread.. thanks for the info.. To me this deal seems to good to be true.. you buy a house, and it pays for itself in 5 years in rent? How can you go wrong with this? vs buying the most expensive property in the world (in OZ) where your negatively geared to the tune of $15k per year...
  12. C

    Solar power on rental

    yeh thats what I'm thinking.. they could use power during the day and use up all the export power, hence I would not get paid anything. The meter will not show what is generated and used internally. Might be better to give it a pass.. the agent also said it can muck up concession...
  13. C

    Solar power on rental

    I'm considering putting solar power on my rental property in victoria. What I want to do is setup the power bill in my name, collect the solar electricity generation, and charge the tenant for the power they use. Is there anything wrong with doing this? ie power bill shows the power...
  14. C

    The Super Investor

    thanks for that :)
  15. C

    The Super Investor

    I have done some google searches, and nothing seems to come up with any real user feedback on this mob. Has anyone used 'The Super Investor' for share market investing? Are they any good? http://www.thesuperinvestor.com.au/ Any feedback would be appreciated.
  16. C

    Need some advice

    the main thing with having a paid off PPOR is that you have much more cash flow available to invest with.. been in debt to your eyes will restrict you for many years.. but on the other hand, the longer you wait, the more expensive the IP will be.. and paying off a PPOR will never keep up with...
  17. C

    1million in Equity!

    this is the problem I see.. holding property with capital growth means it will be negative geared for a long time. I think you need to come to a point when you start selling to lower your LVR, or clear the debt all together so you can live off the rent.
  18. C

    Need some advice

    the richest man in babylon says to pay off your ppor first
  19. C

    Need some advice

    this is the thing, paying down a PPOR, will release heaps of cash flow in the future, it will basically allow for a IP to be paid down quickly, moving onto the next.. but holding to much debt, I think can also hold you back as you cant pay down principle, and purely rely on capital growth for...
  20. C

    Need some advice

    well ferntree gully is 30km out of melbourne.. when i say $1kpm this is with 100% finance..
Top