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  1. M

    The end game

    mornington are mainly for ppl who are retired or working in that area. Lived in Mt Eliza for 2 years - the place is very unaccessible - with only the nepean highway if you need to get some where say take a flight to get to tullamarine etc.
  2. M

    The end game

    i think you gotto play your hand of the cards that have been given to you. Sometimes it could be PPOR fully paid off or sometimes it could buy and sell your PPOR while buying other assets that give higher yields. there is no dead right or wrong as everyone circumstances are different. in your...
  3. M

    The end game

    Well 15 years ago i was in high school so not realistic to purchase. i only purchased since early 2000s. and based on my 10 year i have made some CG. But if you're saying buy now and expect the same trends to continue and wiat 10-15 years hmmm i tot the end game was to try to maximize their...
  4. M

    The end game

    Question is where is that 300K equity going to come from in these times? Don't talk about pre-historic 2008, 2009 times as anybody who bought anything would have made even 1%. Point Cook in Vic sure ain't gonna go up to 700K if you buy a house there for 400K+ in recent times. Rental and...
  5. M

    The end game

    went through 2 mini booms and a few declines but the factor remains are salaries are not catching up to property prices. fair enough when my relatives bought a house for like 250K only to see it now worth 1 mil. how would the average working person be able to purchase say a home now for 700K...
  6. M

    The end game

    in the past i have made some big net gains in less than a year sometimes even 3 months but it was doing a booming mkt and i doubt i would be able to achieve any sort of these gains again. 60 years is really too long for me. let alone 20 years. My goal is 10 years and hopefully to reap benefits...
  7. M

    The end game

    i agree - you can't operate based past 5 to 10 year old scenarios. what you have to predict is what is going to move from now. there's a dude a work buying all kind of places in victoria like heidelberg, frankston, epping you name it but he bought it 10-12 years ago like for 100K, 70K etc...
  8. M

    The end game

    i had t1 float back in the day when i was in uni and there was no internet platforms. sold it at $5 rather than $9. if i were you get out mate while you can.
  9. M

    The end game

    Well in the case of these NBA players - they enter the NBA at 19-21 years old some straight out of high school and already commanding a million dollar salary. ONce they become a star - they can make anything btw 5-30 million per year. Image is a big thing and many indulge in mansions...
  10. M

    The end game

    to be honest - the share price of TLS when i last looked was mid 2 but now it is has gone past 4 bucks. hmmmmm maybe there is a chance for you go to in. You see when you're so buzy - there isn't much time to buy into opportunies like these.
  11. M

    The end game

    i agree with this - i have seen many foreclosure sales in some areas in melbourne and none in others. So there is some of patches where some are and some aren't. I think that is possibility that it could possibly occur. Relying on trends such as 20 years in which properties went up is more...
  12. M

    The end game

    suprisingly this guy is around or the same age as china - only difference is he lost his nearly USD200 million in earnings. http://www.forbes.com/sites/jamesmarshallcrotty/2012/02/21/allen-iverson-earned-over-200-million-in-his-nba-career-hes-now-broke-say-what/
  13. M

    The end game

    the other thing china - about looking to get million dollar mansions, high end cars and hot blondes may not necessarily be the right thing to do statistically. Was reading this article about pro basketball and football players in the US. where 60% of them became bankrupt after leaving their...
  14. M

    The end game

    i'm younger than you but still would crunch the numbers before going into anything. i made more than my losses in the GFC but that was mainly through deratives but at one stage they outlawed it on my broking platform and i sold out and never returned to the sharemarket ever since - with only...
  15. M

    The end game

    why didn't you buy BNB at the ipo or when it first listed - buying at 55 is a bit on the high side if you ask me. i thought you were all in for stats and due diligence.
  16. M

    The end game

    why didn't you buy a cheaper and smaller place being you're single. i initially thought you were 40-50+ but suprised that you're only 37 as initially though you had like a few kids and a family to feed.
  17. M

    The end game

    reminds me of a guy in uni who bought a brand new BMW but then had to deliver pizzas to retain it. Image first - substance later approach.
  18. M

    The end game

    well i go there very often as i have business interest there - last was 6 months ago. As you would know with most foreigners over there - they just get drivers so that is what i would normally give my driver for meals at road side stalls everyday. i don't eat that much at road stalls as food...
  19. M

    The end game

    now that's crazy.. even the cab ride from the airport and back depending on where you are will cost more or less that. but i reckon it is possible if you're in a remote village where the locals spend like 3000-5000 rupiah a day of basic necessities and food. and bunk in a hut for like the equal...
  20. M

    The end game

    wasn't ard 40 years ago in bali but all i can say it is traffic congested. living off 24 per day - hmmmmm must be in some remote village. i speak indonesian myself like a local although i am not from there but it' ain't that cheap. where is china??
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