My piece of Australia

[michaelg]

From: Michael G


Hi,

Here's an article at www.news.com.au

http://www.news.com.au/common/story_page/0,4057,3661670%255E421,00.html

its a summary of data from the ABS.

The report mentions "That included land valued at $815.9 billion"

So now you can work out exactly how much of Australia you own.

e.g. If you home is worth $250,000 then;

$250,000 / $815,900,000,000

= 0.00003064100992768720 % of Australia

Regards
Michael G

 

[Rixter]

Reply: 1
From: Rixter ®


Hi Michael,

Do you think this may be the classic tale telling signs and symptoms of a dreaded Disease commonly found in Investors called "Analysis Paralysis"??

Happy Investing,
Rixter

 

[michaelg]

Reply: 1.1
From: Michael G


Not at all...

You can only do this calculation AFTER you have purchased the property

This is the kind of thing to motivate you out of paralysis, the more you control the better the score

Michael G

 

[new class]

Reply: 1.1.1
From: Anony Mouse


Accordingly we are all worth $120,000 each, let me see, hell!!
someone has been pinching me money!!
I want it back.

"A government that robs Peter to pay Paul can always count on the support of Paul."
Of course, Paul's support is obvious, but it is equally obvious that to rob from Peter to pay Paul will make Peter
very, very angry.
My question is this: "How can you run a good government with a sore Peter?"