Mugabetown - Whoretownin' At It's Worst.

[666DAN]

Over Macho Grande? No I'll never get over Macho Grande....

[Melly]

Oh Hai gaizzz!!!

[666DAN]

Get me McCroskey!

Edited March 3, 2014 by 666DAN

[Captain Natro]

Didn't work bro

[t5iv]

Morning all

[Ants]

Morning Tony

[Ants]

Oh Hai gaizzz!!!

hi Mel

[sneakey pete]

Last day today, yay!

[Ants]

Last day today, yay!

no it's not.......it's Tuesday so get crackin

[sneakey pete]

My Wednesday consists of getting on a bus at 7am, so today is the last .

[Bunta]

My Wednesday consists of getting on a bus at 7am, so today is the last .

I think I hate your job and I don't even have to do it!

[Captain Natro]

Hello

[sneakey pete]

I think I hate your job and I don't even have to do it!

money and experience makes up for it a little I guess.

[Beelzebub89]

Mangs, scrackin?

Thoughts on S13 as cheap track car? Or any other suggestions, criteria; light, RWD, <$7500, cheap parts/aftermarket support.

Really pretty narrow criteria S13s or cheap 32s are my only thoughts at the moment. Not interested in 32 because f**k RB20s

[t5iv]

Mangs, scrackin?

Thoughts on S13 as cheap track car? Or any other suggestions, criteria; light, RWD, <$7500, cheap parts/aftermarket support.

Really pretty narrow criteria S13s or cheap 32s are my only thoughts at the moment. Not interested in 32 because f**k RB20s

S13. SR20s are decent and for plugs, coil packs etc it's only 4 not 6. Pads and rotors are cheaper. Good, nimble, light. Cheap parts = big plus.

[MagicMikeZ32]

mx5

[Bunta]

Mangs, scrackin?

Thoughts on S13 as cheap track car? Or any other suggestions, criteria; light, RWD, <$7500, cheap parts/aftermarket support.

Really pretty narrow criteria S13s or cheap 32s are my only thoughts at the moment. Not interested in 32 because f**k RB20s

Can probably even grab a s14 for that price, better brakes, no missing chassis parts ect ect. Great choice of track car

[Bunta]

Finance question for Ants.

Say you were mortgage free and happy in the place you already owned (ie not wanting to upgrade to a bigger house) and had a bundle of additional cash available do you:

1) Buy another rental property, probably something along the lines of a townhouse or decent unit, or

2) Go for shares, or

3) Do term deposit thing, or

4) Other

Kgo

[Captain Natro]

Just paid membership an happy laps

[Ants]

Finance question for Ants.

Say you were mortgage free and happy in the place you already owned (ie not wanting to upgrade to a bigger house) and had a bundle of additional cash available do you:

1) Buy another rental property, probably something along the lines of a townhouse or decent unit, or

2) Go for shares, or

3) Do term deposit thing, or

4) Other

Kgo

and the answer is..............................................

it depends.

My thoughts / questions when regarding the above are as follows:

a) Is that bundle of cash enough to acquire another property or just enough to buy a small to medium share portfolio?

b) How quickly would like to access / return that investment into cash?

c) .Are you looking to minimise tax?

d) Or are you after short to medium term ROI?

My personal opinion..............I like investment properties (predominantly negatively geared) as they are effective tax wise and usually have a reasonable ROI and very low risk

Shares are not my thing....................but people that have the time and understanding of the share market can make very fast ROI and can be converted into cash fairly rapidly - can be highly volatile and command high risk for higher returns

Short-term deposits - for the conservative, however your ROI will already be predetermined and that can be handy for some - depending on the type of term deposit you choose funds will be locked away until maturity date - interest rates WILL rise before this calendar year is finished, whether that will warrant a higher term deposit interest rate is another matter

Another alternative to short-term deposits are MIT's (managed investment trust) which throw a combination of investments to allow a reasonable ROI whilst providing some hedging protection - pitfalls are the fees can be very expensive and funds can be locked away for quiet some time depending on the MIT's contract you choose.

There you go mate.