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  1. Piston Broke

    2009 was a good year..where to now?

    Seems to be a nice corridor up that coast. Been planning a hunting expedition for a while now. May have to pack the esky and spend a Sunday up there.
  2. Piston Broke

    2009 was a good year..where to now?

    Many round here confuse my paranoid conservative investment style with doom, gloom and naysayer. And don't think for a second that my deal is without risk or downside, there's plenty. Nobody gives it away, it has to be earned first, and then kept (which is harder). What I did'nt mention was that...
  3. Piston Broke

    2009 was a good year..where to now?

    :confused: and I thought I was paranoid. I also have a picture of you under a pentagram (upside down of course) that i cast spells over lol. But really I make those comments all the time and if that dig is aimed at sum dude it's probly the one that claims he had 2 dads. If you post sumthin I...
  4. Piston Broke

    2009 was a good year..where to now?

    :mad: Even though I agree with you, you have just shattered my dreams of being a speaker on the seminar circuit with a written best seller (using a ghost writer of course!) series of books. I swear it's not real money! You can;t touch it it, feel it or smell it nor stash it. So if it looks like...
  5. Piston Broke

    2009 was a good year..where to now?

    Sounds like a great plan to me! Just be prepared for a bumpy ride on them shares. My only suggestion would be to include your lifestyle (enjoying the fruits of your labour along the way) in your plan. Don't just have a plan that goes "I will save pay off and one day have no debt", because most...
  6. Piston Broke

    2009 was a good year..where to now?

    Earnings Before Tax and Interest. Cant be too specific on a public forum, gotta protect the guilty. It's a hybrid type deal of commercial deal not directly buying assets but the entity holding them. 500K is what I had to put in. There's is no bank val as the LOC was on another property. But...
  7. Piston Broke

    2009 was a good year..where to now?

    Just as i thought this year would go by and not all that much would happen I came across the deal of the decade. Outlay 500k, 25% ebit, with increases & much potential for CG with the gov throwing in a little contribution as well. And I can say not a dollar of cash down as it was all from a...
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