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Hard to say whether 90% OO would have improved Capital Growth. If it was we'd probably be talking about a completely different Macquarie Park :) It's important to buy the right property type that will appeal to the majority of buyers wishing to move into the suburb. Macqaurie Park is...

The problem I see with these areas, Macquarie Park in particular, is the number of new apartments coming onto the market, in the next 12 months and future planned developments. Earlier in the year both areas were earmarked by the state gov as two (another one is Epping) of the 8 new Sydney...

My observations on why there could be a difference; Macquarie Park is made up of mostly older style apartments and businesses. no village/community feel, no schools. Where North Rye has lots of owner occupier houses, nice local shopping strip on Cox's Road, Lots of local schools. Has a...

Yman is right. To make significant gains and use appropriate risk management you will need a significant amount of capital. Although at a minimum $20K (& risk $400 a trade) would be enough to learn the ropes and not blow up....immediately anyway :).

It's unlikely you will find a trading mentor that will help you out of the kindness of their hearts, it doesn't work this way. You will ultimately need to pay $$ for some one to train you or $$ in losses to the market in experience (likely both). There are plenty of people/organisations...

To calculate buying cost the approx figure is about 5% of purchase price. Is there a similar method to work out approx tax benefits? I have PIA but I think I'm falling into the trap of Garbage in, Garbage Out. Thanks

You could try Marsfield, which is walking distance to Mac Uni. You'd need to buy something unrenovated though for < $650K (if you can find one). Like these http://www.realestate.com.au/property-townhouse-nsw-marsfield-114945163...

Rollins is a very insightful chap http://www.youtube.com/watch?v=MbnFJVgBcw0&noredirect=1

Who's Jaycee? ;) (I kid I kid)

But of course when they ask why they didn't get the job the employer would say there was a 'better fitting candidate'. Not the fact it's their religion, race, colour, political opinion, sexual preference, disability, age that's the problem. Ironic don't you think?

OK for a giggle lets all have a punt. Pick one off devanks list & see how you go. Campbell Brothers Limited (CPB) - 750 @ 65.240 Newcrest Mining Limited (NCM) - 1600 @ 29.520 Rio Tinto Limited (RIO)- 777 @ 64.270 Telstra TLS. (what did you buy at?) I pick CPB.

Yep and at the detriment of many children IMO.

I also agree with the sentiment, who wouldn't want a Utopian world of inconsequential mortgage commitments and the ability pursue more productive/creative endeavors. Count me in. But has there ever been a case where giving a particular group a 'free lunch', which is what you are proposing...

Have you thought about not buying anything at all? A friend entered the ASX comp last year, didn't place one trade and ended up in the top 10% :D

Wise words Sheryn. The price you pay for education is giving your money to the market..over and over..and over again :eek:

This is especially true in secular bull markets where everyone can't help but ride some winners. My view is those making money consistently in the markets over the long term aren't lucky, they have a plan and take from those who don't. Even if markets are unpredictable and random, which I think...

Thanks. I always seem to enjoy these types of books over the 'how to' ones.

Does anyway know what happened to Alex Lee? I used to always enjoy his comments.

My two favourite trading books are Nicolas Darvas - How I made 2M in the Stock Market and Jesse Livermore - Reminiscences of a Stock Operator Both books are classics & still stack up, as markets never change. I'd suggest starting small on equities to prove your ideas/trading plan. If you...

For sure I think a variation of something like this can be done, one way or another. Subletting a room or two (especially in large houses) for profit is common in cities like London with it's high transient population. But as Mother Theresa once said "The best way to help the minimum wage is...