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Not just that it should cause concern, but that if these students are taught that economics is a hunch and not a science, just wait until 10 years later when one of them IS your advisor, or banker, or Reserve board member. I find it amusing that Mr Robertson, a practitioner in an industry in...

Mate, that's the Herald Sun. Their entire business is letting uneducated rednecks comment on stories. If you would like to quote Herald Sun readers in your property research then for sure you'd be selling your entire portfolio (if it even exists) as according to them you'd be a greedy grub who...

Thanks, Rob, for sharing your story. Yours has been a very inspiring example for a keen, novice investor such as myself. Your positive attitude and humble approach is very refreshing.

You were 140K off the median price of an area where you have been so carefully studying the real estate market? I'm not one eyed, but I know the place a lot better than you do, and I find it amusing that you sit here and dictate (incorrect) market principles to people who live in the area and...

Have you ever even seen the area? Typical of the kind of crap I hear from eastsiders who have rarely left their own backyard.

My first job in IT was as a helpdesk worker to federal government customers. Because of the whole outsourcing money grab, not only did we have performance bonuses that did not align with reality, our management didn't give a toss because the company got paid by fed govt based on the same...

Sorry to nitpick, but I know this area well, it's where the majority of my properties are, and this is wrong. You'd be looking closer to $350K for Point Cook and $250K for Werribee. realestateview quotes 390K as the PC median at...

Fair call, we all rationalise things differently - I'd love to have a LOE strategy one day but first I have to worry about earning lots of your free money stuff to make it work :)

This isn't any different to if you got an unsecured loan for a car, and then sold a property at a profit and paid it off. Hell, you might even win lotto in the meantime. The money came from a trade that you executed. You could have bought shares and sold them at a profit, or even bought cheap...

No? You've increased your initial loan balance, and are now paying interest on that debt. You're also more exposed to price volatility, in the event that prices soften after that valuation. They wouldn't though, because I assume the car wouldn't be used as security on the loan. They might...

Who are you to question others' morals and motives? Seriously. How do YOU know what is enough? Would you take a lower paid job to provide more potential for your employer to hire others and "share" the wealth? If you had 2 cars and your neighbour had none, would you give them one? We don't...

I'm not sure who you are addressing here. I for one couldn't care less what Kiyosaki or Robbins can or cannot do. I've never read or listened to either. I have never given a cent to Bernie Madoff. I'm not concerned about my super in the least (sure, It's dropped 29% since Dec 2007 high but it's...

Most EFT technology works using fixed line telephony today. It won't be the mobile phone making the transaction in most cases, it's the fixed line EFT equipment which identifies your subscriber information from your mobile phone and sends it over the phone network. What concerns me is what...

Or you could pay down some debt, increase cashflow and let yields take over. Not everybody is at a 90% LVR and having just come out of 9% interest rates in 2008 a lot of us are well aware of this issue. The higher rates will likely just increase yields down the track as FHB's can't keep buying...

Whatever the Government determines should be blocked, with no published list available to audit the type of information that is being blocked. Ordinary citizens have no choice in the matter, this is a mandatory filter without any concern given to who the consumer is and what their preferences...

Just this week I've been informed that my contract w/ 10 months to run is being terminated due to "budget issues". I'm only slightly pissed off because they offered me a 12 month contract over Christmas and had me thinking that I wouldn't need to be looking, plus I have a very good relationship...

I met a girl about four years ago - very attractive, personable blonde girl who ran her little hatchback up the back of an expensive BMW. Of course, she was uninsured. Her life had been pretty unremarkable until then, but a friend of hers suggested that she go work at a local strip club to...

5 houses or so lost in Narre Warren. Not to take anything away from the terrible regional fires, but I can only imagine the shock of those in suburbia who from reports had their houses go up in a matter of minutes. Everyone in the state needs to be that much more vigilant this weekend...

Hi Bill, Thank you for giving your time and expertise to protect us all. Today's been terrible and I really hope it picks up for you soon. We've seen 46 degrees here in the southwest and it's been less than comfortable, but I have little to complain about given that we're safe over here...

Makes perfect sense to me James, but then Average Joe eyeing off those new golf clubs and cursing Turnbull for dashing his free cash won't like it. Face it, THEHEATH, the Government went for the populist vote by handing out cash rather than carefully managing the fiscal stimulus, and now it's...