Confused and don't know what to do next?

Discussion in 'Investment Strategy' started by Kocev, 18th Mar, 2017.

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  1. Beano

    Beano Well-Known Member

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    Set up a meetup in Brisbane and I will bore you with my story ...anyone having problems sleeping ...i can solve this problem in 5 mins !
     
    Last edited: 20th Mar, 2017
  2. Excalibur1

    Excalibur1 Well-Known Member

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    I'm in sydney but when I'm in Brisbane i would love for you to bore me with your story over few drinks and lunch/dinner!
     
  3. Beano

    Beano Well-Known Member

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    Sure ....if you give me enough notice I can match it with a departure or arrival at BNE we can then use the complimentary Virgin domestic lounge (Virgin allow us (airnz gold + or velocity gold + to use this as an arrivals lounge ....guests do not need to fly at all)
     
  4. Excalibur1

    Excalibur1 Well-Known Member

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    That sounds good!
    I do have commercial question, so i will post it in your Why commercial thread, so i don't hijack this thread.
     
    Perthguy likes this.
  5. Kangabanga

    Kangabanga Well-Known Member

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    Looks like OP has followed the investor crowd into Brisbane.

    Rates will probably go up by year end another 1%
    Basel 4 and Ahpra might clampdown further on bank credit.
    Unemployment and slow wage growth is gonna hit all states.
    I know IT sector is not hiring much, with the automotive majors moving out, sure your main bread winner will have a job next year?

    Better prepare for rate rises, unemployment affecting your rentals (especially in Brisbane with the apartment glut affecting rental market), possibly some negative equity if home prices take a dip.

    Shares are at or near all time highs nowadays. minimal upside with maximal downside risk. Big no no there.
     
  6. dabbler

    dabbler Well-Known Member

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    I would not fall asleep......

    If your in Sydney at the time of the Wenty meet up, or the city one, you can try putting me to sleep, I bet you give up before me....lol
     
  7. Beano

    Beano Well-Known Member

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    Actually this friday i will be in Sydney ...will sort of ...i will be airside ...as transiting Akl to Syd to Mnl
     
  8. dabbler

    dabbler Well-Known Member

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    I am inland doing some repairs and clean up, otherwise would assist in you missing your connecting flight :p
     
  9. Beano

    Beano Well-Known Member

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    And returning through Syd on April fools day ...back in Bne following week...
    If you buy only the land (lessors interest) instead of buildings you only need to "clean up " the cash that builds up in the bank account and "repair" the pathway to the well worn track to the "ATM" machine ☺ :)
     
    Last edited: 21st Mar, 2017
  10. HUGH72

    HUGH72 Well-Known Member

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    So positive, I thought Brisbane had no IT sector apparently.:oops: Some developers will go under, unemployment may rise and newspaper headlines may tell of investors buying OTP apartments unable to settle but the sun will still rise in the morning. :p
     

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