Flipping in Sydney

Discussion in 'Investment Strategy' started by Marcus Yuuu, 6th Jul, 2018.

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  1. Marcus Yuuu

    Marcus Yuuu Well-Known Member

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    Marcus Yuuu, 6th Jul, 2018
    #1
  2. sash

    sash Well-Known Member

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    Yep...flippers are getting the birdie....:D...in Sydney....
     
    sash, 6th Jul, 2018
    #2
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  3. Marcus Yuuu

    Marcus Yuuu Well-Known Member

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    Not sure what birdie means but guess not good?!
     
    Marcus Yuuu, 6th Jul, 2018
    #3
  4. neK

    neK Well-Known Member

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    neK, 6th Jul, 2018
    #4
  5. TMNT

    TMNT Well-Known Member

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    Its pretty simple


    Profit = sell price minus buy price plus costs

    If you are doing this in a predictably falling market, you're pretty stupid /guillable

    1/3 of the equation is sell price. If you stuff that up, youre stuffed
     
    TMNT, 6th Jul, 2018
    #5
  6. sash

    sash Well-Known Member

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    I was referring to Birdie Num Num.... :p
     
    sash, 6th Jul, 2018
    #6
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  7. Marcus Yuuu

    Marcus Yuuu Well-Known Member

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    Guessing that’s why I see so many aussies rushing to sell
     
    Marcus Yuuu, 8th Jul, 2018
    #7
  8. Marcus Yuuu

    Marcus Yuuu Well-Known Member

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    Lol I like that flip flip
     
    Marcus Yuuu, 8th Jul, 2018
    #8
  9. MTR

    MTR Well-Known Member

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    Flip flop, why on esrth would you do this in current Syd market
     
    MTR, 8th Jul, 2018
    #9
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  10. Marcus Yuuu

    Marcus Yuuu Well-Known Member

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    yes I realising that more and more
     
    Marcus Yuuu, 9th Jul, 2018
    #10
  11. Propertunity

    Propertunity Well-Known Member

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    Propertunity, 9th Jul, 2018
    #11
  12. Marcus Yuuu

    Marcus Yuuu Well-Known Member

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    Lol
     
    Marcus Yuuu, 9th Jul, 2018
    #12