For Sale in Oz

[Zuzu]

Originally Posted by sparoz

The right place and the right time happens all the time. It is about Carpe Diem.

Veni Vidi Vici.

Your quite the scholar Steve...

[Alpine*]

Originally Posted by Zuzu

True.. I am 51 years young and have run a successful business since I was 25 and invested wisely in real estate.

Work 6 days a week and at least 12 hrs per day..my day starts at 6.30am and ends at close of business at 9.30pm..

Get the F back to "work" Joe (note the time of his post)

[Zuzu]

Originally Posted by AlpineM3E92

Get the F back to "work" Joe (note the time of his post)

Hahaha..

I am at home watching the footie, with the laptop on my lap, with 16 CTV screens open watching the gym and barking out instructions..lol..I need

[Alpine*]

I owe the finance company a shedload, that is all I can say.

[thunderb]

Originally Posted by Bruno28

Yeah I cant believe that a 130i can lose $20k in only 1.5 years and only 10000km added to it during that time.

I have the original Tax invoice somewhere for when the guy bought my 130i, cost him $87,500 in Feb 2006, I bought it March 2009 (after his 3 year lease expired) for $50,000, he probably traded it for $35-$40k on a newly leased X3 cause they overpaid for my Audi S3 by $10k to pay my old loan out.

So in 3 years, he's lost $40k+, and in the 3 years I've had it I've proabaly lost $15, realisitically if I were to try to sell it after my lease finishes I'd be looking at around the $20k mark, as it will have 150,000kms on it by then.

The biggest problem with the 130i is that there is a very specific market for it, you knew exactly what it was when you bought it, and unless you can find someone who is wanting the same thing you wanted, there's nothing to differentiate it between the 118, 120 and 123d (which is an awesome).

You could always keep it and enter it into next years Bathurst 12 hour, there were a couple of 130's in there last weekend. It was exactly what I was thinking when the dickhead dealer offered me $12k for it, I'll turn it into a track beast.

[pavo335]

Originally Posted by MrBlonde

How does "get fucked" sound?

I got another one mrinvestment opportunity cost

[alik01]

Some awesome stories in this thread. Zuzu you are an inspiration - I only wish I got to meet you in person.

[alik01]

Originally Posted by pavo335

I got another one mrinvestment opportunity cost

Don't be a rude little kid... The guy has clearly done something right - so try to lean from it - or better yet learn from his mistakes. No reason to be snarky.

[pavo335]

Originally Posted by alik01

Don't be a rude little kid... The guy has clearly done something right - so try to lean from it - or better yet learn from his mistakes. No reason to be snarky.

Let me understand this blond bloke spouts some bullshit financial advice and tells me to fuck off and I am the rude one? You must be equally challenged

[alik01]

Originally Posted by pavo335

Let me understand this blond bloke spouts some bullshit financial advice and tells me to fuck off and I am the rude one? You must be equally challenged

Just because you disagree with his view doesn't warrant calling it 'bullshit' and saying nothing else. BBK disagreed with Blondie and explained why.

There's huge difference between voicing your opinion and common courtesy. The two are not mutually exclusive.

Best bit of financial advise is, respect. Especially when it comes to those elder to you. Which, fortunately does not include me.

[pavo335]

Originally Posted by alik01

Just because you disagree with his view doesn't warrant calling it 'bullshit' and saying nothing else. BBK disagreed with Blondie and explained why.

There's huge difference between voicing your opinion and common courtesy. The two are not mutually exclusive.

Best bit of financial advise is, respect. Especially when it comes to those elder to you. Which, fortunately does not include me.

Not saying blonde hasn't made many valuable posts, but that one was simply "bullshit" nothing more nothing less. Perhaps I should have said it is a pile of smelly stuff :-)

[Zuzu]

Originally Posted by alik01

Some awesome stories in this thread. Zuzu you are an inspiration - I only wish I got to meet you in person.

Thanks mate.. Shame I couldn't meet up with you last time you where in Sydney, when picking up your M..

[alik01]

Originally Posted by pavo335

Not saying blonde hasn't made many valuable posts, but that one was simply "bullshit" nothing more nothing less. Perhaps I should have said it is a pile of smelly stuff :-)

You clearly don't get it, so I'll leave you to it.

[alik01]

Originally Posted by Zuzu

Thanks mate.. Shame I couldn't meet up with you last time you where in Sydney, when picking up your M..

Was a shame. Maybe next time mate. Might want to pick something up from around your way sooner or later!

[pavo335]

Originally Posted by alik01

You clearly don't get it, so I'll leave you to it.

Well I am a "rude little kid after all"

[luster]

Originally Posted by pavo335

Well I am a "rude little kid after all"

Big fella,

Kenny explained an investment principle in easy to follow language and you try to call him out on it. It's fact. You dont lose on something until you sell it. (unless you are highly leveraged and run your investments on margin or are highly leveraged ).

Shares can lose all value, fact.
Property will always have a value, fact.

Don't bother continuing with your disrespectful behaviour and think you will make friends on here. We are a very small community, and picking on one of the most respected members isn't a good move.

So stfu and go play in traffic.

[pavo335]

Originally Posted by luster

Big fella,

Kenny explained an investment principle in easy to follow language and you try to call him out on it. It's fact. You dont lose on something until you sell it. (unless you are highly leveraged and run your investments on margin or are highly leveraged ).

Shares can lose all value, fact.
Property will always have a value, fact.

Don't bother continuing with your disrespectful behaviour and think you will make friends on here. We are a very small community, and picking on one of the most respected members isn't a good move.

So stfu and go play in traffic.

Lusty before you embarrass your self any further you might want to see a financial advisor and find out some basic investment principals.

Like I said blondy's car posts are rather informative but investment advice is clearly not his (nor yours for that matter) forte.

Flame me all you like but that is the FACTS

[ansch]

what has this thread turned to..

For Sale in Oz - free financial advice

[TimMc]

Who is this pavo guy? Sounds like a knob.

BTW my SSTT is still up for sale if anyone wants to make an offer.

[luster]

Originally Posted by pavo335

Lusty before you embarrass your self any further you might want to see a financial advisor and find out some basic investment principals.

No worries mate I obviously have no idea when it comes to investments or investing.

At least I think I'm doing fine and am happy right?

[1q2w3e4r]

Originally Posted by pavo335

Lusty before you embarrass your self any further you might want to see a financial advisor and find out some basic investment principals.

Like I said blondy's car posts are rather informative but investment advice is clearly not his (nor yours for that matter) forte.

Flame me all you like but that is the FACTS

And it's your forte is it?

[sparoz]

Originally Posted by sparoz

...However, if you found something that you are better able to use the equity, I would definitely would sell, to take the capital loss position, especially you had some capital gains in the year from something else.

If not, you better hold onto it to continue to take a negative gearing position until such a time where there is something else better.
...

Originally Posted by pavo335

I got another one mrinvestment opportunity cost

Originally Posted by pavo335

Lusty before you embarrass your self any further you might want to see a financial advisor and find out some basic investment principals.

Like I said blondy's car posts are rather informative but investment advice is clearly not his (nor yours for that matter) forte.

Flame me all you like but that is the FACTS

You don't make friends when you don't explain <-- people just think you are a wanker. Noticed the post I made compare to yours above? Which one will people swallow better?

I don't claim to be very good with my investment, but if you think you are better than anyone else, you better come up with some substance to your arguments as well as some manners.