The Fall of Australia - Coming Catastrophes in the Australian Economy...

crunching the numbers and seeing the real problem with Australia and Australian Governments without the spin and bullshit...

http://www.youtube.com/watch?v=cB5ihHGsm2o

by the way... just on Superannuation...

as all of us should know by now...

w can control our own superannuation... whether our money is put into high risk investment, a combination, or... just in Fixed Interest...

if you haven't already... i'd be changing your super into either a mixed Fixed interest rate with Australia and over seas or Fixed interest in Australia only...

the best performing is a Mixed Fixed Interest...

and this way.. if the share and housing markets crash you don't lose all of your super...

free market capitalism and organized crime is finished...the age of private property is over, long live socialism and the moral community...

corporate_whitey wrote on Aug 4^th, 2013 at 2:41pm:

free market capitalism and organized crime is finished...the age of private property is over, long live socialism and the moral community...

when the housing market finally crashes you'll be able to get an affordable house...

if I were in government i'd get rid of every single subsidy ... it achieves nothing but push pricing up... like the cost of new houses for instance...

I sold my house with an increase of $200,000 I value between 2006 and 2013.

You buy in a good area, close to transport links, schools and amenities.
You buy a good structure with decent sized rooms - then overtime you will make a profit on selling.

That's the way of the world.

The only area I've been stung is taking the money out of Australia and the tanking of the AUD cost me a lot.

Oh shut up andrei . . . . .

SOB

http://spotofborg.com/files/persecution5.jpg

True Blue... wrote on Aug 4^th, 2013 at 2:40pm:

by the way... just on Superannuation... as all of us should know by now... w can control our own superannuation... whether our money is put into high risk investment, a combination, or... just in Fixed Interest... if you haven't already... i'd be changing your super into either a mixed Fixed interest rate with Australia and over seas or Fixed interest in Australia only... the best performing is a Mixed Fixed Interest... and this way.. if the share and housing markets crash you don't lose all of your super...

Maturity date risk

GFC comes to mind

I would caution anyone acting on this advice from True

True Blue... wrote on Aug 4^th, 2013 at 2:44pm:

corporate_whitey wrote on Aug 4th, 2013 at 2:41pm: free market capitalism and organized crime is finished...the age of private property is over, long live socialism and the moral community... when the housing market finally crashes you'll be able to get an affordable house... if I were in government i'd get rid of every single subsidy ... it achieves nothing but push pricing up... like the cost of new houses for instance...

Why would the Government withdraw from the housing market when it is going to be rebuilding the housing commission, employing builders and tradesmen and building houses and Australias public future and social economy....

Maqqa wrote on Aug 4^th, 2013 at 4:40pm:

True Blue... wrote on Aug 4th, 2013 at 2:40pm: by the way... just on Superannuation... as all of us should know by now... w can control our own superannuation... whether our money is put into high risk investment, a combination, or... just in Fixed Interest... if you haven't already... i'd be changing your super into either a mixed Fixed interest rate with Australia and over seas or Fixed interest in Australia only... the best performing is a Mixed Fixed Interest... and this way.. if the share and housing markets crash you don't lose all of your super... Maturity date risk GFC comes to mind I would caution anyone acting on this advice from True

maqqa.... fixed interest was the only super plans that made money through the GFC...

in any economy that goes into recession its the share portfolio's that go into negative territory... you could lose the lot..

at least with a fixed interest in blue chipped banks you'll still get a return unless your super is with a dodgy super fund... Australia Super is one of the best btw...

corporate_whitey wrote on Aug 4^th, 2013 at 4:50pm:

True Blue... wrote on Aug 4th, 2013 at 2:44pm: corporate_whitey wrote on Aug 4th, 2013 at 2:41pm: free market capitalism and organized crime is finished...the age of private property is over, long live socialism and the moral community... when the housing market finally crashes you'll be able to get an affordable house... if I were in government i'd get rid of every single subsidy ... it achieves nothing but push pricing up... like the cost of new houses for instance... Why would the Government withdraw from the housing market when it is going to be rebuilding the housing commission, employing builders and tradesmen and building houses and Australias public future and social economy....

I didn't say that the Government was going to "withdraw" from building commission housing...

I said that I would get rid of subsidies... you know.. like the first home owners grant for new houses...

all it does is artificially inflate the price of housing making them dearer...

you give the first home owner a $20,000 subsidy and the price of a house goes up $20,000 so whats the point.. the target has been missed..

it was the same with subsidies for Private Health insurance... the day after the government implemented the scheme the insurance companies upped their fees...

once again... the target was missed with the greedy insurance companies pocketing the subsidy...