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Hi there I was reviewing my mom's pension requirements and to my surprise I found one of their advisors had sold her an annuity for 50k. The annuity provides her $280/mth for 22 years. If I had invested 50k in a managed fund and assuming a 5-7% average return she would have $150-220k. As...

I thought I would be great to hear from the people on this forum who retired before 53 in Australia. Some of the people on here don't post much but have real stories to tell which one can learn from.... ;) Just a couple of my definition of retired before 53 in Australia: 1. Working less than 7...

Hi there, :) Whilst...I am reasonably good at property...I am relative newbie to growing my super. I am not keen on putting super into a SMSF...I believe that too many people are putting this into property. I am keen to keep it in good quality funds. Currently I have about 350k across 2...

Hi All, as per my previous posts..I am now formally calling that the Sydney market has topped out. Anyone who is getting in from this point onwards is probably not going to see much growth. So what happens now....there will be a period where people will pay sill prices thinking the market...

Whilst people are slapping each other on the back...it might be a good idea to see what happens when the market turns...will be particularly useful for newbies who have not seen a bust! I was telling people at a Seminar run by a spruiker to avoid mining towns as it will inevitably come to a...

Wow.....I am not a fan of the Greens...but this guy is absolutely spot on...his speech has gone viral.... http://www.smh.com.au/federal-politics/political-news/greens-senator-scott-ludlams-blunt-speech-to-an-almost-empty-room-goes-viral-20140306-348zx.html Tony Abbott, Scott Morrison, Joe...

Hi All Have a look at this month's API which has a feature in Butler WA. My builder is telling me any quality land sells fast and stock is very low. This has further pushed prices. 300sqm blocks now sell in the low 200s and by the time you build you are looking at the very low 400s. The...

This happened to me today.... My Solicitor: Hello ...your vendor's solicitor has refused to extend your settlement date past the 4th of March and wants over $100 per till I settle. I know I can't settle till at least 12th of Mar. Me. Okay....so have you confirmed unconditional finance? My...

Wow The libs have been in for over 4 months....and what disaster...I know some will say labor had caused all this....but the Liberals don't have a plan. Here are some of my concerns: 1. Their diplomacy skills are non exisitent.....they have riled our key trading...

Hi All Anyone know a good PM around Greensloped, Annerley, Moorooka areas? Cheers

Hi All I just have further improved a strategy on how to continually borrow subject to serviceability - i.e. do more LMI borrowing so long as you are able to service. Most people don't know that both LMI insurers set limit of $1.5m in aggregated mortgage insured borrowing to manage their...

Sim, Why did you close off the Nathan thread? :mad: Very poor form..particularly when it was a valid topic! I am very disappointed you chose to do this! Disbelief comes to mind. I was going to respond to Jacques post.....I have a very sneaking suspicion that some of the mods are...

It has been interesting to see how the spruikers are still saying that some regionals and mining areas are okay. I have a friend who I am trying to steer away from certain mining towns but the he is insistent that the spruikers are correct. He is convinced that areas like Moranbah and...

I just developed an interesting wealth exercise which gives insight as to whether you are perpetual money machine....or a squander!! Here are the steps: 1. Add up the total amount of earning to date. The person I did this on earnt $1.8m over 20 years. 2. Add up the amount of tax paid...

An interesting article where the banks, insurance companies, telcos, and IT organisations are now outsourcing a lot of the back-end functions. See the article below. http://www.smh.com.au/business/offshoring-high-price-of-low-cost-20120127-1qlot.html I agree with Jeff Kennett in the...

I have been doing some modeling on my portfolio...and funnily enough with all this doom and gloom around the Euro zone and a slowing China and its impact on Australia...I see a silver lining. Now this is probably only going to assist you if you are more of a CF+ positive investor with a LVR...

With the current large scale loss of white collar jobs in Banking, Finance, and Professional Services....there are suburbs which are likely to take a hammering. See articles below.... http://www.smh.com.au/national/job-axe-falls-hardest-on-rich-suburbs-20111104-1n02f.html...

Hi All, I am going to be bold and say there is another rate cut on the way in December. The RBA seems to be concerned that the Greeks are going to tip Europe over the edge.....Greece has not option but to accept the EU package including austerity cuts. The Germans, French, and Brits are...

Well ...guess what NAB is back to their old tricky ways..... They have just damaged their reputation by not passing on the full rate cut. One has to really ask the question why would anyone trust any bank as they continually seem to slither and be slimy! ;) I have 3 loans with NAB and am...

Hi All, With all the doom and gloom around, I thought I would share a way to structure your portfolio which will perform whether the market is falling/flat or booming! As I have said previously, this is part of my risk mitigation strategy of buying properties with balanced growth and cash...