"Hi SkippyOz.
You don't have to invest in QR National. That was just an example. Choose a company that you know and trust and invest in that. If you trust a company enough to buy products and services from it, you may as well trust it…"
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Keefe replied to skippi_oz's discussion Is there an easy way to get into shares if you have limited funds? For example, if you only had $1000 and had never invested before?Keefe replied to skippi_oz's discussion Is there an easy way to get into shares if you have limited funds? For example, if you only had $1000 and had never invested before?"For $2000 you can buy shares in QR National. Signing up with Commsec allows you to buy shares, even with $1000, although I recommend you save up more."
Keefe replied to nikki's discussion shares"This sort of thing can be arranged if you simply talk to your bank.
I must warn you this is very risky. If the stock market goes up, you will make a lot of money, but if the stock market goes down (e.g. if there is GFC II) then we will suffer…"
Keefe replied to Jill Fraser-FatCat journalist's discussion Property derivatives: It’s the new way to buy real estate"When are they going to release this product! I can't wait to buy some."
Keefe replied to Missy Had's discussion So, I am considering Bankruptcy..."You have about $1200 per month leftover after expenses are paid, so that is enough to pay off $15000 worth of debt.
Assuming the debt increases at, say, 20% per annum then that is $250 per month. Of the $1200 you have left over, $250 of that goes…"
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Bankruptcy ben replied to Stephen's discussion How to Cancel a Part IX Debt Agreement"Hi I work for a Debt Agreement administrator. There are 3 ways to end a debt agreement, you pay it out in full, you can apply to have the agreement terminated (however interest backdates from the start of your agreement), or you can offer to make a…"
Cliff Mearns replied to Cliff Mearns's discussion Bankruptcy -v Debt Agreement"Ben, let's not lose the loop. How financiers view bankruptcy is not relevant to the discussion of an individual's capacity to pay something. Bankruptcy is being utilised as a means of evading debt obligations. "
Bankruptcy ben replied to Cliff Mearns's discussion Bankruptcy -v Debt Agreement"I agree with the setiment however in reality there's nothing to encourage an individual to make a payment with a Debt Agreement! While technically it's different most financial companies regard it as the same as bankruptcy."
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