Australian Politics Forum - cutting through the crap...

True Blue... Gold Member Offline Australian Politics Posts: 3748 Gender:	cutting through the crap... Aug 4^th, 2013 at 2:35pm 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...
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True Blue...

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Re: cutting through the crap...
Reply #1 - 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...

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"Beer is proof that God loves us and wants us to be happy"

Benjamin Franklin

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corporate_whitey Gold Member Offline Australian Politics Posts: 8896 Archivist	Re: cutting through the crap... Reply #2 - 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...
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True Blue...

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Re: cutting through the crap...
Reply #3 - Aug 4^th, 2013 at 2:44pm

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...

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"Beer is proof that God loves us and wants us to be happy"

Benjamin Franklin

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Andrei.Hicks

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Re: cutting through the crap...
Reply #4 - Aug 4^th, 2013 at 2:50pm

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.

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Anyone who lives within their means suffers from a lack of imagination - Oscar Wilde

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Sir Spot of Borg Gold Member Offline WE ARE BORG Posts: 26513 Australia	Re: cutting through the crap... Reply #5 - Aug 4^th, 2013 at 2:58pm Oh shut up andrei . . . . . SOB
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Maqqa

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14% - that low?!

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Re: cutting through the crap...
Reply #6 - Aug 4^th, 2013 at 4:40pm

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

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Bill 14% is not the alcohol content of that wine. It's your poll number

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corporate_whitey

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Re: cutting through the crap...
Reply #7 - Aug 4^th, 2013 at 4:50pm

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

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...

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....

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World Wide Working Class Struggle

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True Blue...

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Australian Politics

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Re: cutting through the crap...
Reply #8 - Aug 4^th, 2013 at 5:13pm

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

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

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...

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"Beer is proof that God loves us and wants us to be happy"

Benjamin Franklin

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True Blue...

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Australian Politics

Posts: 3748
Gender: male

Re: cutting through the crap...
Reply #9 - Aug 4^th, 2013 at 5:25pm

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

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

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...

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...

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"Beer is proof that God loves us and wants us to be happy"

Benjamin Franklin

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