Pete McMurphy's Page

The AussieEuro rate hasn't done a great deal, I think it was 0.56 when I went in 2006 so I figure I'll need roughly same amount to spend.
$10K should be enough, depends on how long I go for and where I stay.
Saving money isn't much of an issue for me, always find ways.
Issue would be where I put the savings, I don't keep anything in bank accounts as I can usually make similar returns from just trading in the market instead of investing.
Right now there are bargains galore to buy which should easily make 10-15% by mid 2009 I think.

Hi Pete, my plan of attack? Save like crazy :)
Luckily both my partner and I are avid savers so that is the easy part. I currently have no personal debt so I don't have to worry about that at all.
I also stick all my savings into high interest online accounts and term deposits. I'm becoming more of a fan of term deposits because of the possible interest rate falls but previous to this, I preferred the high interest online accounts. Considering they have no costs to setup and maintain, I can open them in different banks, take money out if there is a better deal elsewhere and leave the account open.
On my current salary, my calculation is to save and earn in interest maybe 50k a year. Hopefully I get there.
Debt I may play with once I get all my bases covered. Once I have all the important stuff, I can afford to do some more risky forms of investing :)

You are a trader?

Hey
I became a fan in the early 1990's, (1992 actually)
There was a Canberra player who signed for them just prior to the Barcelona Olympics.
Ned Zelic was his name, played a few games for the Socceroos :P
Didn't really follow soccer until the whole Super League thing stuffed up Rugby League. Got more interested in soccer then and with the internet was easier to follow overseas teams.
Hope to be there for 100 year anniversary next year but with the market crashing things aren't looking great.

Yes. I try to ride 4-5 times a week on "super-horse's" baby half brother and judge most weekends, being an Accredited E Level Dressage judge. I was going to breed "super-horse's" full sister to continue the line, but last year Oz was hit with equine flu and devastated the industry for almost 6 months. Lottie may be too old as a maiden mare now and I still do not have that kind of mobey. J-Alice

Excellent strategy, mind if I use it? Better than getting a friend to do an emergency call!

HiPete,

Thanks for the positive comments, and yes avoid taking tap water on dates, especially if you are looking forward to a second date. good luck with the H20. Let me know how you get on.

Monica