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Miffy's Discussions
Coping amidst the doom and gloom
Replied Feb. 10, 2009
Coping amidst the doom and gloom
Replied Feb. 10, 2009
Coping amidst the doom and gloom
Replied Feb. 10, 2009
Coping amidst the doom and gloom
10 Replies
Started this discussion. Last reply by Depression scholar Feb. 15, 2009.
Congratulations! You're pre-approved!
Replied Feb. 8, 2009
IPAD Investments (student accomodation)
Replied Feb. 8, 2009
IPAD Investments (student accomodation)
Replied Feb. 8, 2009
The Benefit of Monetary Policy
Replied Nov. 7, 2008
Is this Legal and what do I tell him
Replied Oct. 14, 2008
Fear rules!
Replied Oct. 13, 2008
US Market Meltdown + global meltdown
Replied Oct. 12, 2008
US Market Meltdown + global meltdown
5 Replies
Started this discussion. Last reply by jacquesk Oct. 13, 2008.
Where would you most like to travel to?
Replied Sep. 15, 2008
Building your own home
5 Replies
Started this discussion. Last reply by shannon Feb. 23, 2009.
Hidden costs of home ownership
Replied Aug. 23, 2008
Miffy's Page
Latest Activity
Prickly Pete! - Cool - so impressive that you have managed to acheive your own home for a great price - What makes me happy is that it confirms my belief that it can be done - i have been doubting myself lately as we are about to do EXACTLY what you…
Hope not though it is possible. Great depression first started with a no holds barred trade war, guess we'll have to watch this space.
So what is going to happen next ?
WW 2 was the end of the Great Depression who are the Yanks going to fight
The depression lasted for 10 years, Rentals properties were abandoned, factories closed because there were no orders, food and other essentials became unaffordable and currencies devalued by 20% overnight. Yes when you say we need to pay for our dec…
Hi Depression Scholar,
Welcome - nice first post!
I think the wave is just starting to hit Australia, with unemployment on the rise - "Jobless rate hits 31-month high", bankruptcies skyrocketing and company liquidations soaring - "Court-ordered li…
I reckon you're spot on here with point 3 - the increase of protectionism is the nail in the coffin. I thought the whole premise behind the functioning of free markets was that they remained, um, free.
But this talk of "Depression" got me thinking.…
Hi all been looking for an Australian based forum like this for a long time. I am a recent scholar of the 1930's depression and moved my assets from shares to cash just before the collapse, for me it was obvious what was going to happen next and I h…
Profile Information
- Age
- 30-45
- Sex
- Female
- What is your Money Confession? (Your biggest money win or stuff up)
- tech stocks
- What is your financial goal?
- To make sure my mother is financially secure
Miffy's Videos
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US Markets meltdown
Added by Miffy
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Comment Wall (54 comments)
- At 3:14pm on February 10, 2009,
Mrs. C. Jarvie said…
- Hello Miffy, I am from the USA, and I came here after marrying an Australian in Hawaii. I'm applying for my permanent residency now, and then in five years I can apply for citizenship. Have you always lived in Australia?
- At 10:11pm on January 21, 2009,
nikki said… - yessss...I let the hate flow through me, I went over to the dark side ;)
- At 7:20pm on January 19, 2009,
nikki said…
- Yes a blessing in disguise. I felt a strong need to warn others about the implications.Thanks for your thoughts :) I liked darths crayon in his hand ;)
- At 2:46pm on January 19, 2009,
Mrs. C. Jarvie said…
- Hello Miffy,
I studied at the Evergreen State College in western Washington State, a few hours south of British Columbia, Canada.
We've just moved to Perth, so now I'm very close to many libraries and I've already spent a day at the State library in Perth.
Thanks for keeping in touch :D
- At 1:46pm on January 19, 2009,
Navin Joseph said… - Hi Miffy, we just bought last month. if you look real hard and know your market, you can still pick up bargains. There's a few units in Brisbane that we looked at that were around the $300k mark. These were all 2 bedroom units. We were really picky with ours, and many of the units we looked at were pretty shabby. Ended up buying a 2bed 2 Bath 1 LUG for $327k, we bargained down from $357k. With the interest rates going down and the FHOG up to $14k, it was really easy. Mind you, our bank let us use our FHOG as a 5% deposit, which enabled us to cut down on LMI and get a line of credit loan.
There are many investors who are a bit worried or stretched financially, and are looking to sell. As a first home buyer, it is much easier to get in to the market now, compared to a year ago(but only if your finances and security allow)
- At 11:22pm on December 10, 2008,
Mrs. C. Jarvie said…
- Thanks for the comment Miffy. Soon I'll live near a real library and I can do some more reading :D
- At 6:14pm on November 9, 2008,
Navin Joseph said…
- Just gone, been married about 14 1/2 months now
- At 5:49pm on November 6, 2008,
Mrs. C. Jarvie said…
- HeyYa Miffy,
I was studying business and international relations, and I stopped because I ran out of money and was not able to borrow enough to keep going. Returning would be difficult because the Evergreen State College (in Olympia, USA) gives out neither grades nor credit, so I cannot easily transfer my previous college work to another school, and I do not want to move back to Olympia.
Honestly, I'm not too concerned. I can't change the past and what I really want is to work with a mentor who will teach me about CFDs in exchange for my labour. I have a lot of skills, so I would be valuable to someone who can use a good PA.
Keep in Touch, Cake
- At 11:28pm on October 14, 2008,
joanne said… - I lost everything but thankfully not my life
- At 1:52am on September 4, 2008,
Annette Wilkins said… - Thanks for the welcome Miffy.
We sold the property ...at a loss. We borrowed money at 12.5 % , within a short time the interest rates went to over 18%
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Hi all,I am after some advice and ideas from everyone, professional advice thus far has been to declare bankrupt and get it over and done with.
This is my situation, I used to own a company that T/O was around $1M p/a. The business had a bad season…
Be aware that Fox Symes is more of a credit management company and might not be what you need. I would talk to the lease company first, explain your circumstances and try to renogotiate the lease terms, eg extending the term to make payments less...…
The Shire of Litchfield had a problem collecting about $250,000 from unimproved land holdings which were unmaintained and basically had no active ownership. This properties known as "dead man" leases were owned by estates that acquired them in the 1…
You should email this to Get-Up
Ever read "The richest man in Babylon"? Its got the most straight forward financial plan that applies to anyone.
In fact you can buy a series of books revealing Buffetts strategy. The ones I prefer are any authored by Mary Buffett but there are others as well
We'd love any advice or opinions on the following;
We've got 3 properties (2 investment properties and 1 principle residence). We lived in our principle residence for 2 years and have been renting it out for the past 5.5 years, the property is va…
Message to billionaire Aussie John from inside a rat infested squalid Indonesian jail. From Robert McNeice. John I am sorry I did not pay back your money but please I have suffered enough. I need your help to me get out of here, my health is not…
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