Yea well Aaron makes more money from his properties' cap growth than his mortgage brokerage business.
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I was not referring specifically about Aaron, who has already made it clear that $100k is like loose change in his eyes.Yea well Aaron makes more money from his properties' cap growth than his mortgage brokerage business.
That would be unfairly tarring everyone with the same brush. However I must admit to spoiling my own children so can relate to this blog post about a subsection of the Y generation. The GYPSY.
Why Generation Y Yuppies Are Unhappy
It has some wonderful graphs to illustrate the point.
I'll make some predictions too.
China will crash.
ALP will win government.
There will be WWIII.
Remember you heard it here first.
Like Jesus, Dhali Llama or Ghandi? Yes. It is outrageous.I really find it disingenuous when people without money try to tell people with money what to do.
Who cares what Aaron has to say about Gold?Well Aaron wouldn't tell people to invest in gold
I was just pointing out that those generally employed in the property sector would be giving out specific advice all the time and I'd expect the majority are not that financially well off.
Who cares what Aaron has to say about Gold?
Who cares what Aaron has to say about Gold?
I'm in Adelaide. I sold 3.5 years ago. What boom?Well that's precisely the point, he doesn't say anything about it. Let alone sell his property before a boom to buy some.
AUD Gold price up 20% since I sold the house.I thought you'd be asking about what fall in gold prices?
Adelaide clearance rates now near 70% (5 year highs).
AUD Gold price up 20% since I sold the house.
Adelaide auction clearance rate as an indicator LOL
What's the net yield on a negatively geared property?Whats your yield on Gold...?
It's shown to be a pretty good indicator for the cities which hold a lot of auctions ie Melbourne, Sydney. But I would be surprised if Adelaide with a couple of dozen auctions would have the same reliability.Auction clearance rates anywhere are a pretty poor indicator of anything. A convenient statistic for spruikers.
What's the net yield on a negatively geared property?
It's shown to be a pretty good indicator for the cities which hold a lot of auctions ie Melbourne, Sydney. But I would be surprised if Adelaide with a couple of dozen auctions would have the same reliability.
What's the net yield on a negatively geared property?
Pretty strong correlation on a national basis:not convinced - media hype.
Sounds like what many mortgage brokers, real estate agents & property spruikers do for a living. Keen has expressed an opinion, don't see where he told anyone what to do...?