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  1. K

    encouragement to invest

    Hi, this is about my friend. She had to retire at 55 and with no pension but had a lump sum super. This was about 8 years ago. She owned her own home jointly with her husband. Had to sell 2nd house [IP] to pay for her 3 children's education. Her husband continued with a low paying...
  2. K

    SA tax changes

    Hi SA people, I think we need to protest against the proposed changes to stamp duty etc. While I haven't got all the little details, what I heard is that the state govt proposes to replace stamp duty with an annual fee on home loans. Something like that. I can't see how that can be good...
  3. K

    4 small shops SA

    Hi, I offered my property to one of the tenants who's currently working on funding. if anyone's interested in a small strip shopping in suburban Adelaide, please contact me. 1 tenant is vacating in March. Offering just over 7% net yield. Total net rent approx. 50K p.a. Asking 650K...
  4. K

    catch a falling knife

    Hi, for those interested in stock market. There was some discussion on falling knives. My experience. BOL 40 cents, 30 cents 22 cents. Made about 30K when I sold around 50 cents. NBS 26 cents .... 56 cents ....43 cents... 20 cents .... 12 cents ... 7 cents...give up finally bought out at 10...
  5. K

    what were you doing on Sept 11?

    Hi, I thought this question might be interesting. I had just started to buy shares again. I had an open position on USD/Yen long 100000USD As I sat at the computer, it dropped 7Y before my very eyes I sat at the computer until 3 a.m. that's when the markets closed & I couldn't do...
  6. K

    anyone looking at NZ?

    Hi, is anyone looking at NZ properties? Would like your thoughts on this. Any region is OK. KY
  7. K

    Northern Mines

    Hi, does anyone know what's up with NTU? I've been told there's talk of a takeover. I know they'll probably release the news tomorrow but I'm a bit impatient. KY
  8. K

    adelaide

    Hi, it's not been fantastic for real estate in the last 24 months in Adelaide. Properties take much longer to sell and some don't sell. On the other hand, rent has crept up steadily. I'm getting better tenants @ higher rent. House prices haven't gone down much though. The one I was...
  9. K

    nz rates <6%

    Happy days! Kiwi interest rates have dropped below 6% both floating & fixed. KY
  10. K

    falling off the wagon

    Hi, I've fallen off the wagon somewhat in the last 2 years so set a new resolve yesterday. working on the principle that it has to be in writing, I write it here. 100 days good behaviour 'bond' to myself. At the end of which, I will have: $15000 cash yards & gardens as tidy as I can make...
  11. K

    genworth finance co.

    HI, does anyone know anything about this finance company? Their email has a .co.uk in it. KY
  12. K

    Is Adelaide hotting up again?

    Hi, am I delusional? I thought Adelaide resi property should be taking a big breather & prices to come down but this is what happened today. Ex housing trust in Kilburn & in my opinion the ugliest bit of Kilburn. Admittedly subdividable & present house quite livable. Agent quoted $270K but...
  13. K

    the joys of being a landlord

    Hi, I've had two torrid years with tenants. Finally axed the manager. Now I'm getting a bit of my own back! I dropped by the PM's office to check the status of a tenant as I noticed the rent wasn't consistent. PM said she's already arranged a tribunal hearing. Just called me to say the...
  14. K

    China bonds

    Hi, I saw a newsflash about china issuing bonds. Anyone knows how to buy those? If the bonds are denominated in yuan, it might be a way of buying a small amount of yuan. KY
  15. K

    Adelaide suburban commercial for sale

    Hi, anyone interested in a block of 3 shops @ around $400000 fully leased? Main tenant: hairdresser 3+2 x 5 x 5 other tenant: printer 2+2 then rent review Both tenants are doing very well. Printer expanded to take over shop 2 at 20% rent discount. Hairdresser unfortunately got too...
  16. K

    shingles

    Hi, it'd appear that shingles is everywhere. I have it. My brother in law's colleague [Sydney] has it. I swear I must have caught it from reading the posts about it on this forum. Jokes aside, it is the most unfunny thing to ever happen to anyone. The pain is unimaginable. My sister got...
  17. K

    A zillionnaire in the making

    Hi, there've been a number of new young investors joining this forum. This story might be enlightening. My 9 year old nephew won EVERY Monopoly game including those with his father playing. His older brothers regularly lost. So my sister asked how he won & his reply? "It's very easy...
  18. K

    croydon, vic

    Hi, anyone knows any reason to invest or not invest in Croydon, 28km from Melbourne? Thanks, KY
  19. K

    Asia

    Hi all, I'm in Kuala Lumpur & thought I'd report from the ground. Life goes on as usual, half of my classmates retired last year, others still doing what they always did. Weddings, weddings & weddings. Generation X finally giving us a bit of that echo boom. Interesting note for property...
  20. K

    tribunal

    Hi, 08-09 have been up and down years for me. I've been getting some crappy tenants and management that was fixed guarantee had uncoupled and restructured. I've 'enjoyed' a new experience of 'sitting in the dock'. A tenant objected to my claim for the bond and I became the 'defendant'...
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