Back from holidays refreshed and prepared for what is coming
Here is a little taste of what is coming;
http://www.news.com.au/couriermail/story/0,23739,24862557-952,00.html
The property sold on 24.01.2009 for $9,010,000 :confused:
Liquidity and the soft depression
Bump; I think its time we all reviewed Bill Zheng's take on lack of global credit
that was posted in October as it is increasingly going to be more of an issue as 2009 and 2010 progress
So your suggesting that you don't use pencils that have an eraser on the end and unlike most humans you don't have clay feet? If you don't like my heat in the kitchen you can just ignore my posts, I won't be offended:p
When I have made a mistake and its pointed out I usually post a :o
Sorry sorry mate stupidity is intergenerational those little dust ups you mentioned were just the side show the real fire crackers (nukes) are still to be set off. I was born and raised in Canada. In the 1960's and 1970's when a nuclear war looked immenant the shortest trajectory between the...
Trusts are trustworthy if you plan ahead
Hi Josko sorry I run out of time when you sent your pm and I did't reply. I note you have worked it out.
As for trusts there are no free lunches josko. The reason for setting up the correct trust structures at the start is for the end game. Think...
Your stealing my thunder:D Now is a great time to be learning about real estate because you are going to see a lot of red ink in the Streets.
The nonsense that you can't lose with property long term is about to be severely tested. A ten year period for most SS formites would qualify as long...
In the worst case scenario
Hi boomie; au contrair. If my commercial tenants go under your right I will have a problem. Your analogy about your tenants is incorrect cause they won't have a job and you will have more of a problem chucking them out on the street than I will with the commercial...
Yes myla there is a lot of money flowing into the big four. The safest is...... you guessed it that bank the commonwealth. All those mum and Dad pass book holders that the other 3 spurned during the 16 year boom are a nice little cushion.
Someone asked where did I get the info on how much of...
Touche' Andrew post number 12356476436483276408733:D on the soft depression.
Reasonable people go along in life and don't rock the boat. Unreasonable people refuse to accept the prevailing truths. Therefore all change is dependent on unreasonable people
If there is a melt-down, then a proper...
If the messangers truth hurts shoot the messanger
Alan Greenspan was quoted today as saying the world is facing a financial tsunami unlike anything since the 1930's.
For almost a year now I have been saying that a soft depression is headed our way. It amuses me how politically incorrect it...