Sir lastnail wrote on Jan 4^th, 2013 at 2:29pm:


Good video for a reality check Nail.

I hope Longloser watches it.

Bobby. wrote on Jan 4^th, 2013 at 3:47pm:


congrats, gay-stalker. you actually posted on topic. I knew you could do it if you tried. You are wrong of course but nobody expects anything more from you.

gold_medal wrote on Jan 4^th, 2013 at 3:48pm:


If you believed your own bullshit you would have bought property instead of running your own business, because why invest and work hard in a business when all you have to do is sell houses to each other at ever increasing prices !!

"are you really THAT stupid?"

touche

Sir lastnail wrote on Jan 4^th, 2013 at 3:54pm:


well at least you dont have to worry, do you? you dont own a home and never will.  you will always be waiting for that wonderful (to you) 40% drop that the failed-prophet Keen predicts daily and yet never arrives.

the funniest thing is that even if it DID drop 40% you'd still be worse off than the rest of us. Most of us ahve made 100%+ in the last 10 years while you have made 0. even if it dropped 40% we'd still have 60% more than you. (yes I am aware the maths is a little dodgy bu the point is still there)

no matter what happens from this point, everybody will still be better off than you.

hows that make you feel, moron?

Ex Dame Pansi wrote on Jan 4^th, 2013 at 4:36pm:


You make zero on the house you live in unless you sell and move to a hole in the ground or die..
If your house is worth $50,000 and you sell and buy in the same market for a house of similar value its no different than if the same house is worth 10 times that.

gold_medal wrote on Jan 4^th, 2013 at 3:59pm:


you made 100% on paper but the nation is in debt to the tune of 1.3 trillion Does that sound like a good deal ??

gold_medal wrote on Jan 4^th, 2013 at 3:59pm:


Longy,
You certainly have 3 major problems & probably more, BUT perhaps redeeming feature.

Your most significant problems are the 3 R's, Reading, wRighting & aRithmetic.

Reading
It's apparent that, you a very light on for reading, no doubt preferring your OWN THOUGHTS.

wRiting/wRighting
Your wRighting has 2 major issues -
1) Your spelling is terrible, to the point where it is sometimes difficult to understand what you are trying to say.
2) Your dribble is often Right of Tony Abbottabad & sometimes Right of Genghis Ghan.

aRithmetic
But, by far, Figures are definitely NOT you, BUT at least in some of your more lucid moments, you MAY nearly be aware of your short comings.

So, just to confirm, IF you start with a $1,000,000 house purchase & it goes up 100% in 10 years, that means you have a $1,000,000 profit and you averaged a 10% gain each year. That is an average, NOT compound, BUT neverthe less, a tidy return!

Now, IF at 10 years & 1 day, things turn ugly & you sell at a 40% to what you could have got yesterday, then you will sell for $1,200,00, thus giving you an effective profit of $200,000 over the 10 years & 1 day AND that is an average gain of a basic 2% each year. 

Of course, all of that is before Expenses, such as R/E Agents Commissions & interest on repayments, are considered, so you would be lucky to break even?

And, of course, your redeeming feature, is that your so likeable, as you treat everyone in a fair & friendly manner???

Ya'll have a nice day now, ya hear?