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Posted on another thread: Warren Buffet rule on money management: Rule #1 Don't lose money Rule #2 See rule #1 Now this is really quite beautiful in its simplicity. And yet its simplicity is not the simplicity of the statement but the simplicity of the underlying thought...

This thread should be copied and past for anyone who reads my posts. Because I am not a trader I don't know what the market will price a share at in the short term. I have herd absolute crap elsewhere that its the directors responsibility to keep share prices high and go higher. I look...

Australian supermarkets have tended to lag their british counterparts by several years. The trends that happen in the UK follow on several years later into the Australian market. UK british food retailers (the big 4) are suffering real profit declines at the moment, mainly because of the...

For many in the forum, I don't think they 'get' the underlying meaning of the readings of my post. All of my focus is about (a) controlling risk (b) generating returns. I don't need every 'deal' to work out, and not every deal will work out as expected. But I try hard to be like a...

For those that are interested I will be developing my strategic investment view for 2014. Obviously a strategic investment view is based on long term returns as of the start of the strategic review, its not a short term trading strategy. I posted two prior strategic investment views on...

http://www.theaustralian.com.au/business/property/off-the-plan-sales-are-moving-off-the-charts/story-fn9656lz-1226728856943 Interesting, are we seeing the first signs of a structural shift due to fundamental changes in government policy (away from existing to new). Future impact...

Saw the other thread on $100k passive income. Thought to myself why think so low. Aim higher, if you only reach 70% of your target you will be fine so long as your target is higher (and you want a reasonable EXPENDITURE lifestyle). In a nutshell, you need to calculate what is average...

Well the good news out of election night, the greens will loose control of the senate. From http://www.abc.net.au/news/federal-election-2013/results/senate/ Liberal/National Party 16 17 33 Australian Labor Party 13 12 25 Australian Greens 6 4 10 Democratic Labour Party 1 0 1...

Interesting, Somersoft has entered a pre-election black out period. So it effects not just traditional media, but also online chat sites.

I didn't know this but you can vote both above and below the line for the senate. Below the line takes preference, but if it becomes informal due to a mistake, then the above the line takes preference. From Anthony Greens Blog: If you want to be ultra safe, fill in below the line and the...

Trying to figure out who to vote for in the senate? Google how voting in the senate differs from voting for the house of representatives. I was going to vote for the LDP in the senate but they stuffed up in Vic and failed to get their electoral form in on time. So my vote will be going...

http://www.brisbanetimes.com.au/queensland/bring-it-newman-tells-rudd-in-election-bunfight-20130805-2ra7u.html Will be very interesting to see how this plays out on a human psychology level,

http://images.smh.com.au/file/2013/07/12/4565466/RP%2520Data%2520Buy%2520vs%2520Rent%2520Report%2520June.pdf?rand=1373602240413 http://www.theage.com.au/business/want-to-save-money-on-housing-here-are-692-ideas-20130712-2puo9.html#ixzz2YngOz35i Happy to see the suburb of Melbourne in...

I was reading this thread: http://somersoft.com/forums/showthread.php?t=86783 And it got me thinking. There were several attempts to identify the short comings of Peter Spans sharemarket funds on this very forum several years ago. But the threads got locked by the moderators (I can...

A very famous quote, that Federal Labour has adopted and fails to understand why its several decades behind in its thinking. 'you would rather the poor were poorer so long as the rich were less rich' http://www.youtube.com/watch?v=GMJbcOBFo3Y

I have been involved in participating in a new business. First time i have been involved in onselling to retail from an import side of things (its just a side focus of the main business). A basic back ground of the business: we have secured the Australian rights for an international business...

Hi to those who are familiar with physical silver/gold. What is the cheapest way to obtain silver bars. by cheapest i mean lowest margin over physical price. thanks.

Going to post a new thread here, which i will try to keep updated. Too much valuable information is lost through multiple threads.

Redwing this is for you: http://www.oaktreecapital.com/MemoTree/Pigweed%2012_07_06.pdf I am a big fan of Howard Marks. Now the above is long and detailed article. but like most his articles (together with Warren Buffett) there are pearls of wisdom. I have copy and pasted some...

Been a long time since i posted about residential property on this forum. Anyway a heads up for those that own apartments the CBD (could apply to Sydney just as to Melb). Car parks in the CBD are becoming increasingly scarce. To increase my rentals, i have started creating seperate...