Greed and Financial Literacy

[nunthewiser]

Ok I got your point....and this is what I battle with every day of my life. People ALWAYS collapse GREEDY with GREED. I am an ADVOCATE for GREED not GREEDY. So in saying that, there is NO obligation to do business with me, go forward after the free night and have a wonderful life, do additional courses to learn more, or keep coming just to get inspired, it doesn't matter to me, although it will matter to you, I already do this and make good money from it.

If people want to come along to learn the psychology of finance and correct structures, that if implemented correctly will lead them to getting what they want (depending on each others games and desires) then they can, and they have NO PRESSURE to do it. It's called giving without the expectation for receiving. I have always earn't good money, and I earn it through being generous and giving to people what I have learnt along the way.

Of course, if this is all I did I wouldn't last very long, but its not all I do, its just part of what I love to do. I love to see people NOT get ripped by banks, by NOT getting ripped by dodgy real estate agents... If I can stop ONE person from getting ripped, then I have done my job, but as it turns out, I stop thousands. Which to me is very rewarding. Usually, and being honest, most of my clients continue to do business with me, as I offer them information that enables them to get what it is that they are looking for.

GEKKO.

and people doing business with you means investing there money with you ? or do you take a fee for advice/information?

 

[nunthewiser]

Well then, you're just gonna have to make that investment to see, aren't you.

GEKKO.

So i take it my offer to spread your good name IF i found your scheme on the level was not incentive enough for you to be confident enough to outlay an investment in a couple of air fares , hey thats fair enough , i prolly wouldnt pay out either ........ hey IF it was on the level i coulda been one of those dudes ya see on all those get rich quick pamphlets saying how great an idea it was !

 

[GordonGekko]

and people doing business with you means investing there money with you ? or do you take a fee for advice/information?

Yes, they usually invest in deals that they control and need mentoring on, on they want to learn more about trading in options etc... so these other courses are ones that people can make an investment in, but I said, these are the one's that I DO NOT talk about here, as I will get in trouble.

The other ones that I am talking about are FREE and with no hidden intentions.

Topics like;

-REDUCING YOUR NON DEDUCTIBLE DEBT 10 YEARS FASTER
-TYPES OF LOANS THAT THE BANKS DONT WANT YOU TO KNOW ABOUT
-WHAT WORKS FOR YOU
-DOING A DEAL SO AS TO GET YOUR DEPOSIT BACK AND HAVE THAT DEAL FUND ITSELF.

And many more......

GEKKO.

 

[GordonGekko]

So i take it my offer to spread your good name IF i found your scheme on the level was not incentive enough for you to be confident enough to outlay an investment in a couple of air fares , hey thats fair enough , i prolly wouldnt pay out either ........ hey IF it was on the level i coulda been one of those dudes ya see on all those get rich quick pamphlets saying how great an idea it was !

hahahahaha I love it.

But to be honest and not to be RUDE or arrogant. Word of mouth is sweeter when you dont have to pay for it.

GEKKO.

 

[Macquack]

Re: GREED Financial Literacy and Property

ok....one of my deals in Brisbane;

PP Land 250
Build 300
Softs 80

TOTAL = 630

Valuation = 880K. Difference 250K.... Simple.

GEKKO.

Dodgy valuation?
Can you sell for 880K?, I doubt it.
Land looks too cheap compared to the valuation/ overcapitalised?

This may have been possible at the height of the real estate boom, but not now.

 

[nunthewiser]

I wish you well mr gekko but personally think that there is more to this story than pure genorosity of knowledge , also i think id better stop my queries now as you may upset the owners of this forum by using my questions as a springboard to advertise the content of your workshop .

my cynisism will not allow me to believe that you are here to benefit your fellow man without some form of monetary or business gain , this is said with no disrespect intended just reality .

i have actually had a bit of a dig around in the geneva site and can see the various other products u guys have for sale , not to my liking but thats me .

as far as the FREE this and FREE that is concerned i may be looking a gifthorse in the mouth but i have been to a few other FREE info seminars ranging from options trading to industrial property investment to timber plantation investments to beat the banks at there own games type of spiels..

do ya want to know what they all have in common?

ALL of them breeze around the edges without actually dealing in the actual mechanics, huffing and puffing how easy it is to get rich , how succesful they are and how easy it is for YOU to be like that too

right before they slug ya with a varying fee for either a book , software , investment youd be silly to knock back and all sorts of other odds and sods that apparently are free but seem to cost a bleedin fortune by the end of it

I probably am wrong in my assesment of what you are offering and hey thats my loss but i think that if one is using the forums to talk turkey regarding there great ideas , why dont they share them on these forums instead

thankyou for your time mr gilford

 

[SM Junkie]

Good on you nunthewiser, you called this for exactly what it is - a sales pitch.

I really object to people using this forum for such purposes and I can see by other threads started by GordonGekko that there is an underlying theme to direct people to your blog or courses. Unfortunately this undermines any meaningful contribution you make in future discussions on other threads.

No point joining in the discussion on Greed and Fiancial Literacy as no doubt If I don't do a course then I'm just won't get it will I.

 

[GordonGekko]

I wish you well mr gekko but personally think that there is more to this story than pure genorosity of knowledge , also i think id better stop my queries now as you may upset the owners of this forum by using my questions as a springboard to advertise the content of your workshop .

my cynisism will not allow me to believe that you are here to benefit your fellow man without some form of monetary or business gain , this is said with no disrespect intended just reality .

i have actually had a bit of a dig around in the geneva site and can see the various other products u guys have for sale , not to my liking but thats me .

as far as the FREE this and FREE that is concerned i may be looking a gifthorse in the mouth but i have been to a few other FREE info seminars ranging from options trading to industrial property investment to timber plantation investments to beat the banks at there own games type of spiels..

do ya want to know what they all have in common?

ALL of them breeze around the edges without actually dealing in the actual mechanics, huffing and puffing how easy it is to get rich , how succesful they are and how easy it is for YOU to be like that too

right before they slug ya with a varying fee for either a book , software , investment youd be silly to knock back and all sorts of other odds and sods that apparently are free but seem to cost a bleedin fortune by the end of it

I probably am wrong in my assesment of what you are offering and hey thats my loss but i think that if one is using the forums to talk turkey regarding there great ideas , why dont they share them on these forums instead

thankyou for your time mr gilford

Thanks for your honesty, it is a refreshing change.

GEKKO.

 

[GordonGekko]

Re: GREED Financial Literacy and Property

Dodgy valuation?
Can you sell for 880K?, I doubt it.
Land looks too cheap compared to the valuation/ overcapitalised?

This may have been possible at the height of the real estate boom, but not now.

If I sell it Macquack, do I pay tax??

How much tax do I pay on the refinance money if I hold it?

GEKKO.

 

[GordonGekko]

Good on you nunthewiser, you called this for exactly what it is - a sales pitch.

I really object to people using this forum for such purposes and I can see by other threads started by GordonGekko that there is an underlying theme to direct people to your blog or courses. Unfortunately this undermines any meaningful contribution you make in future discussions on other threads.

No point joining in the discussion on Greed and Fiancial Literacy as no doubt If I don't do a course then I'm just won't get it will I.

Actually, and if you bothered to read the posts, the prompting came from other members just merely asking questions.

I am not here to get business, I do ok.....I am just here to add my and see if I cant add to someone's life. But I'm sure that you already knew that.

You dont have to do courses to get it......but it surely helps, after all this thread is called FINANCIAL LITERACY not financial ignorance.

GEKKO.

 

[mayk]

Can you compare Australian financial structure to the rest of the world (a comparison to US and UK might be helpful).

 

[Macquack]

Re: GREED Financial Literacy and Property

If I sell it Macquack, do I pay tax??
.

Yes.

How much tax do I pay on the refinance money if I hold it?
GEKKO.

None.

If you hold it forever, you may never pay any tax.

Whats your point?

 

[BradK]

hello,

just doing your bit for society like most of us

thankyou
robots

hello,

In the context of the discussion to this point, this post generated a smile on my face at the end of a hard day.

One of the most wry and understated posts on ASF all year.

Three cheers for Robots.

thankyou
brad

 

[BradK]

Ok, so say if I did pay for your tickets, what do I get in return?

It must be win/win.

And don't answer that by saying that I win by you coming to my workshop.

GEKKO.

hello,

Gosh! You propositioned a NUN mate! A NUN. She didn't even get it. Man, you are a disgrace to snake oil salesman everywhere.

thankyou
brad

 

[nunthewiser]

hello,

Gosh! You propositioned a NUN mate! A NUN. She didn't even get it. Man, you are a disgrace to snake oil salesman everywhere.

thankyou
brad

LOL im not that kinda nun

and woulda flown to see his spiel to see if on level if they were willing to compensate me via air tickets

all cool tho , we have had our discussion and i am satisfied with my assesment and the outcome

 

[BradK]

LOL im not that kinda nun

hello,

Naawwww... that takes all the excitement and sexual tension out of the thread.

thankyou
brad

 

[GordonGekko]

Re: GREED Financial Literacy and Property

Yes.



None.

If you hold it forever, you may never pay any tax.

Whats your point?

My simple point is....I have the valuation of $880K. What do banks do when allowing you to refinance, they look at the valuation don't they?

YOU SAID: Dodgy valuation?
Can you sell for 880K?, I doubt it.
Land looks too cheap compared to the valuation/ overcapitalised?

This may have been possible at the height of the real estate boom, but not now.

I dont want to sell it, but I can refi it and realise my tax free pop, cant I??

That's my point Macquack.

And no, it was not a dodgy valuation, I hope that bank valuers are not dodgy. Land was very cheap, I bought well, now its rented for $850 per week, paid in advance one year.

GEKKO.

 

[GordonGekko]

hello,

Naawwww... that takes all the excitement and sexual tension out of the thread.

thankyou
brad

Awww, what a shame Brad.

Thanks for your well thought out response and intelligent contribution, you have restored my faith in humanity.

GEKKO.

 

[Naked shorts]

-REDUCING YOUR NON DEDUCTIBLE DEBT 10 YEARS FASTER
-TYPES OF LOANS THAT THE BANKS DONT WANT YOU TO KNOW ABOUT
-WHAT WORKS FOR YOU
-DOING A DEAL SO AS TO GET YOUR DEPOSIT BACK AND HAVE THAT DEAL FUND ITSELF.

HEY GORDON, IS YOUR KEYBOARD STUCK ON CAPS? MINE TO!!LOL

 

[nunthewiser]

Dear mr Gekko , long time no parlez

i have a query on YOUR webpage, i see you promote a link to the " The secret " thankfully to a members sleuthing in the past it seems this company has been involved in dodgy dealings , painful loss by investors and general shonkiness. does this Company advertised by YOU have any relevance to your "deals"? does this company have any involvement with you or vica versa? ( be rest assured i dare say with a bit more research i can find out for myself), are you a student of this man ?

so many questions

i bring to your attention ( if the mods dont mind ) the link from your website

http://greedisgood.com.au/welcome/page8.php

this is a copy of your text off said page
"Below is a link to "The Secret". The secret is a fabulous website. This site has truly inspired me in my own pursuit for excellence and achievement. Please visit this site and feel free to share with me what it is that you got and what it is that you now see possible."

here is a link to a media video exposing a few unwanted "secrets" on this company / " guru"

http://video.msn.com/video.aspx/?mk...9AF-0C0B-4E84-AA12-294366F64C4D&wa=wsignin1.0

now i might not be the sharpest tool in the shed and i dare say you got a smooth and informative answer for me , but im intrigued about this whole connection/promotion by you on this "dodgy" lil number

thanks in advance for an answer to my querys

a.nun