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  1. oracle

    Forbes reveals the richest real estate tycoons in the world

    Full article here Very interesting bit above saying about 61% of billionaires come from the Asia-Pacific region. Is it due to the love affair people in this region have with property? Cheers, Oracle.
  2. oracle

    US Property thread - Are there lessons to be learnt?

    Carrying on from Karina's thread - 20 US properties in 4 1/2 years. Fantastic achievement Karina. You took the brave decision and worked hard and made excellent investments. Not wanting to derail that thread I decided to start new one. I am aware this topic has been discussed many times...
  3. oracle

    pDiary App: Your personal property diary

    Hi All, Last year I decided to get serious about starting my own side business. Being in the IT industry I thought it would be good if I stick to what I know best. I decided to start a mobile app development company . pDiary (Your personal property diary) is the first app developed by...
  4. oracle

    Berkshire Hathaway stock tops $200,000

    Source It has taken 44 years (1962-2006) to reach first $100K and 8 years for the second. Would be interesting to see how many years it takes to reach the third. Cheers, Oracle.
  5. oracle

    The RBA says you're probably better off renting..

    Read interesting article today Read more: here Although, I am cautiously optimistic that real house growth will be higher than 2.5% but I do agree with the article that it won't be as high as it has been over past several decades. Discretionary income has to rise a lot and at the same...
  6. oracle

    How to become a millionaire? Save early, study says

    Continuing from another thread I started some time back - The power of compounding and 2% difference in investment returns Another important factor on wealth building is saving early. Very interesting statistics... Full article here It has been known and proven time and time again that...
  7. oracle

    Inflation: The invisible Tax

    I am sure many of you have heard or read about this before, but until recently I never understood the true meaning of what exactly does it mean by inflation being an invisible tax and why governments love it. Best to explain with an example. Suppose you decide to buy a piece of land for...
  8. oracle

    PETER COSTELLO: What Wayne Swan won't say in his 2013 budget speech

    Regarding the Resources Super Profits Tax (RSPT) Loved it! Read full article here Cheers, Oracle.
  9. oracle

    The power of compounding and 2% difference in investment returns

    Did an interesting exercise today. I know this is obvious stuff but I think it's still worth reminding ourselves the power of compounding over a long period and what a small difference of 2% in investment returns can make. Generally speaking for majority of people their working lives are approx...
  10. oracle

    Early retirement without a fortune

    Real life examples of pretty much what was mentioned in the post Investing is not the path to wealth Read full article here It seems like to gain financial independence two things keep getting mentioned again and again. 1) Save as much as you can from your income 2) Watch your...
  11. oracle

    Apple Wins $1 Billion as Jury Finds Samsung Violated Patents

    Full article here Do you believe Samsung copied Apple's iPhone and iPad? Cheers, Oracle.
  12. oracle

    Another setback for JG...Is this Karma?

    NSW Right abandons Gillard in fresh setback: report ... Full article here Another article today in which John Howard also predicts return of Kevin Rudd. Full article here Since the time and manner in which JG toppled Kevin Rudd and become the PM things have gotten tougher and...
  13. oracle

    Amazing kid and very inspiring!!!

    http://www.youtube.com/watch_popup?v=BfL2U0BJ48g&vq=medium#t=81 Cheers, Oracle.
  14. oracle

    Some "perspectives" are worth sharing!*

    A young lady confidently walked around the room while leading and explaining stress management to an audience; with a raised glass of water, and everyone knew she was going to ask the ultimate question, 'half empty or half full?'..... she fooled them all... "How heavy is this glass of water?"...
  15. oracle

    How the US Lost Out on iPhone Work..

    Read an interesting article on CNBC about why Apple and many other multi-national companies manufacture their products in China and similar developing countries as opposed to their own countries. Read full article here We all know reason manufacturing is moving to developing countries is...
  16. oracle

    Socialism

    An economics professor at a local college made a statement that he had never failed a single student before, but had recently failed an entire class. That class had insisted that Obama's socialism worked and that no one would be poor and no one would be rich, a great equalizer. The professor...
  17. oracle

    10 Billionaires

    Bloomberg Markets magazine in its January issue asked 10 billionaires 14 questions covering their views on the global economy, where they see opportunities and who gave them the best advice. .... Read full article here It's really interesting that even billionaires have...
  18. oracle

    How a Financial Adviser Lost His House

    Read this story today thought it might be worth sharing... Read full story on cnbc I think this story is a reminder about human psychology of greed/fear which takes over rational thinking even when you think you are not being influenced by it . This can be very dangerous when you...
  19. oracle

    26-year-olds earning $500,000 are putting banks at risk

    Read an interesting article today. Read full article here It's the age old debate of which is better, experience or intelligence at the expense of experience. I think the latter are prepared to take on more risk than the former. I believe when it comes to investing it's better to have...
  20. oracle

    Wife is a Wife

    A Wife is a Wife, no matter who THE HELL you are!! LOL Cheers, Oracle.
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