The power of property...

[Julia]

I sell software for a US software company.

Yes, well, as I've commented before, Realist, given the amount of time you spend on this forum, your employers are not getting much value out of your services.

Julia

 

[Realist]

Yes, well, as I've commented before, Realist, given the amount of time you spend on this forum, your employers are not getting much value out of your services.

Julia

Thanks Julia, your comments are always usefull. Especially when you repeat them.

 

[krisbarry]

Hang on a minute I got another $2 to put in the coin machine....there we go, that should help keep the merry-go-round crankin' a little longer :

 

[Julia]

Thanks Julia, your comments are always usefull. Especially when you repeat them.

Oh, Realist, you can do better than that!
If you're a supadupa salesman (which I'm sure you must be) you should have replied that it's the quality of your results not the time spent in achieving said results that is what counts!!

Julia

 

[Realist]

Oh, Realist, you can do better than that!
If you're a supadupa salesman (which I'm sure you must be) you should have replied that it's the quality of your results not the time spent in achieving said results that is what counts!!

Julia

Well my sales have been good, but the main point is I am leaving here in less than 2 weeks.

Hell yeah I muck around on here too much, for good reason!! :bananasmi

 

[Bloveld]

Hang on a minute I got another $2 to put in the coin machine....there we go, that should help keep the merry-go-round crankin' a little longer :

AAAhhh!
Go back to rummaging through Good Sammies bins.

 

[professor_frink]

suburb?

The Central Coast is overvalued.

Are you talking about the Hunter Valley?

Na, in Lake Macquarie somewhere(I won't say where exactly )

Overvalued. Yeah. Nowhere near as bad as Sydney though!

No, cause then I'll buy a house outright from all the money I've made off my shares!



While I slave away here at work....

Not for long though, I am free in a few weeks myself.

Sweet freedom! Weather getting good too- almost beach weather. Best time of year to not be working

 

[Realist]

Na, in Lake Macquarie somewhere

What street and number exactly?

Overvalued. Yeah. Nowhere near as bad as Sydney though!

Perception is 9/10ths of the law...

I think anywhere outside of central Sydney is overvalued, considering how much empty land there is in this large empty desert!

Sweet freedom! Weather getting good too- almost beach weather. Best time of year to not be working

you got that right.

Beach, Ashes cricket, golf, a bit of dabbling on the stock market. Ohhh man that is what life is all about!! :bowser:

 

[professor_frink]

Hang on a minute I got another $2 to put in the coin machine....there we go, that should help keep the merry-go-round crankin' a little longer :

Kris,

Shouldn't you be off ramping LVL instead of posting photos of where you work in this thread?

 

[Judd]

The alure of property is understandable. Doesn't matter if the financials work out or not but everyone is an "expert." They drive past it; it is in the newspapers; on TV; many own one or more properties or are paying one or more off; many a renting; many want to own a propoerty for the feeling of security it gives them irrespective of whether that security is real or not. They can touch it.

Shares are different. Generally all you see is a price, the yield and the Net Tangible Assets and maybe an annual report. Unlike property you cannot actually physically touch and feel a share. Traders, in general, care little about the company. It's the price at which a particular share (or its derative) is bought or sold. For others it is whether the company can sustain profits and dividends over the years and the income from the dividends. By the way, I am now in the latter group.

You can discuss property or shares as much as you like but there is no right or wrong way to achive the aim of financial independance: each have to go their won way and as long as they accept the results of their decision, so be it.

PS: We sold the last of our IPs some time ago (and I am so glad we did. No tenant issues, no rates, etc, etc.), it allowed our mortgage to be discharged and the funds are now being directed according to our views on what constitutes share investing.

 

[professor_frink]

What street and number exactly?

123 fake street

Perception is 9/10ths of the law...

I think anywhere outside of central Sydney is overvalued, considering how much empty land there is in this large empty desert!

Yes there is alot of land in this country, but exactly how much of it can be lived on?

Most of the good land is on/near the coast. And taken.

you got that right.

Beach, Ashes cricket, golf, a bit of dabbling on the stock market. Ohhh man that is what life is all about!! :bowser:

Life is tough- I don't have tickets to the test in Sydney! A friend got some to go see the one day final in Melbourne, so I'm making the trip down for that. The rest will have to be watched on t.v, which should go down pretty poorly with the girlfriend

 

[Realist]

Most of the good land is on/near the coast. And taken.

The Australian coastline is 36,735 kilometres long.

There are roughly 20,000,000 Aussies.

That is roughly 1.8 metres of coast for each person.

Now over half of Australia live in Greater Sydney, Melbourne and Southern Queensland.

And people on average share a house with at least one other.

There is enough room for every single Aussie that does not want to live in a city to actually live on the coast on a large property.

Land is about as scarce as flies here....

 

[professor_frink]

The Australian coastline is 36,735 kilometres long.

There are roughly 20,000,000 Aussies.

That is roughly 1.8 metres of coast for each person.

Now over half of Australia live in Greater Sydney, Melbourne and Southern Queensland.

And people on average share a house with at least one other.

There is enough room for every single Aussie that does not want to live in a city to actually live on the coast on a large property.

Land is about as scarce as flies here....

Good point I'll rephrase- Alot of land that people want to live in is taken.

Actually I'll withdraw my earlier comment- why anyone would want to live in some of those estates out Kellyville way in Sydney is beyond me.

 

[Smurf1976]

You can make a profit speculating in property as long as you get the timing and location right.

You can make a profit speculating in shares as long as you get the timing and stock right.

Whether either leads to the creation of genuine economic wealth is an entirely different matter. Simply paying more for the same asset, be it a house, shares or whatever, is transferring wealth but not creating it.

 

[cogidubnus]

Well go pack up some tuna, don't put any of your money in super this month and spend it on a holiday then.

Dinner tonite consists of sausages potatoes carrots and peas. I am happy eating this. The meal cost me about 1$. I am also drinking some mid strength beer that I bought at 26$ for a box of thirty cans. Tommorrow I go on holiday in my bus. I have 500 litres of biodiesel that I made thanks to the local fish and chip shop. It cost me 30 cents a litre. I will travel for some months and contemplate life. My trip will cost me very little as I have bought tins of tuna for 1.89, tomatoes at .86.
I have fishing rods and net and crab pots. I will fish. I have a gun. I will shot wild pig. The adventure will be good. My solar panels will provide power for my computer and where I can i will get wifi signal.
I will make money on POG and POS aND SHARES.

 

[juddy]

123 fake street



Yes there is alot of land in this country, but exactly how much of it can be lived on?

Most of the good land is on/near the coast. And taken.

Get on a boat and leave Freo (pack plenty of beers). Travel north to Geraldton (it'll take a while). Keep watching the coast. Every now and then you'll see a small settlement (eg Leeman), even less often you'll see a big settlement (eg Dongara). Of this beautiful coastline between Freo and Gero I'd estimate less than 1% is inhabitated, the rest is prime and beautiful coastal land just waiting for development.

There is heaps of it.

 

[cogidubnus]

Get on a boat and leave Freo (pack plenty of beers). Travel north to Geraldton (it'll take a while). Keep watching the coast. Every now and then you'll see a small settlement (eg Leeman), even less often you'll see a big settlement (eg Dongara). Of this beautiful coastline between Freo and Gero I'd estimate less than 1% is inhabitated, the rest is prime and beautiful coastal land just waiting for development.

There is heaps of it.

Thank Juddy I will travle there

 

[niknah]

If you compare property vs shares, shares win out most of the time.

If you compare "top tax bracket income job + property" vs "top tax bracket income job + shares", property wins out especially if you've brought it with a big mortgage.

 

[nioka]

Dinner tonite consists of sausages potatoes carrots and peas. I am happy eating this. The meal cost me about 1$. I am also drinking some mid strength beer that I bought at 26$ for a box of thirty cans. Tommorrow I go on holiday in my bus. I have 500 litres of biodiesel that I made thanks to the local fish and chip shop. It cost me 30 cents a litre. I will travel for some months and contemplate life. My trip will cost me very little as I have bought tins of tuna for 1.89, tomatoes at .86.
I have fishing rods and net and crab pots. I will fish. I have a gun. I will shot wild pig. The adventure will be good. My solar panels will provide power for my computer and where I can i will get wifi signal.
I will make money on POG and POS aND SHARES.

That is the power of dreams, not the power of property. Dream on and have a good time.

 

[professor_frink]

Get on a boat and leave Freo (pack plenty of beers). Travel north to Geraldton (it'll take a while). Keep watching the coast. Every now and then you'll see a small settlement (eg Leeman), even less often you'll see a big settlement (eg Dongara). Of this beautiful coastline between Freo and Gero I'd estimate less than 1% is inhabitated, the rest is prime and beautiful coastal land just waiting for development.

There is heaps of it.

Point taken. That's why I rephrased the question

Alot of land that people want to live in is taken.

Why are these types of areas not being developed so that people can live there?