FatCat's Money Confessions

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ff123's Discussions

prepaid insterst
1 Reply

Started this discussion. Last reply by Bandwidth May 23, 2009.

How do the RBA Control Interest Rates
1 Reply

Started this discussion. Last reply by Sam Jun 16, 2010.

P&E
8 Replies

Started this discussion. Last reply by Keith Musgrave Feb 4, 2009.

 

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Sam replied to ff123's discussion 'How do the RBA Control Interest Rates'
Its called Monetary policy, here is some info direct from the RBA. http://www.rba.gov.au/monetary-policy/about.html Heres the main excert that explains the cash rate and how it affects other interest rates. "The cash rate is the rate charged…
Jun 16, 2010
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ff123 replied to Paul Scott's discussion 'Share Trading News Letters - Fat Profits, Rivkin at the like ?'
Am learning how to trade - the actual trading bit is easy - but I found the Sharemarket Games provided by the ASX to be invaluable as it allowed me to buy and sell and try and make a profit in a set period of time - I actually ended up Up which…
Nov 24, 2009
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ff123 replied to Karen's discussion 'What's going to happen to the property market?'
Most of this thread is old now - between March and August a lot of stuff has happened - when you see the RBA warning about raising interest rates they reckon the economy is on the mend. There is no crystal ball with any of this stuff, still know…
Aug 16, 2009
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ff123 replied to Mark N's discussion 'Transfering Money From UK -> Australia'
Find an accountant - fast depending upon when you arrived and left England you may have some tax free part of a year to allow settling up of things without CGT in either country. If you are a resident of Australia then you are liable for our…
Jun 1, 2009
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Bandwidth replied to ff123's discussion 'prepaid insterst'
You can apply to your lender to prepay up to 12 months interst in the urrent year and claim it as a tax deduction. A use of this is where you feel that this year you are going to have a hig income and next year a lower income. If you have a capital…
May 23, 2009
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prepaid insterst

Someone reckons you can prepay your interest on ALL investment loans now and get a tax deduction as part of your tax return for this year.The person I was talking to seemed to say that if you were making just standard payments that this would count - not manually adding up next years interest and putting that on the loan in advance.Sounded to good to be true to me - before I embarrass myself again in front of the accountant is this true or not?See More
Discussion posted by ff123 May 22, 2009
1 Comment
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ff123 replied to Brad Kendrick's discussion 'Post redundancy help!!'
Ring the company and find out about the break costs? Most contracts have a break clause and it won't help them if you go belly up. Can you sub lease to someone else???? Talk to an accountant about expenses related to the vehicle ????
May 6, 2009
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ff123 replied to Karen's discussion 'What's going to happen to the property market?'
Spot on JeffK - and I actually feel for Marie and other FHB's out there - unemployment is about to rise in a big way and am waiting ( not with any joy) for the repossessions to happen around me - please God let me be wrong about this one -…
Mar 26, 2009

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What is your Money Confession? (Your biggest money win or stuff up)
husband

Comment Wall (4 comments)

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At 12:05pm on August 22, 2008, MiffyMiffy said…
I like your confession :) a bit of both I imagine - a win & a stuff up? ;)
At 2:20pm on August 7, 2008, ff123ff123 said…
Mostly positive - boring but true of many couples - there are 2 different ideas on how to achieve the goals - not always in agreement but between the two of us we generally arrive at the true impact - it's not always been easy but we are getting there
At 10:57am on August 7, 2008, WarrenWarren said…
Hi ff123, husband hey...is this a positive or a negative - a win or a stuff up...I'm guessing a stuff up...
At 8:19pm on August 6, 2008, moonbuggymoonbuggy said…
Hi ff123 - your mony confession has me intrigued...what do you mean by this???!?!?!?
moonbuggy
 
 
 

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Keith Musgrave replied to Nikky Simpson's discussion 'My Rate'
Hi Nikky, Apologies for the delay, I have been away on hols and a little time off due to illness. All better now. Has your' lender dropped their rates any further since we last communicated? Depending on your' total debt amount, you should…
Oct 20, 2011

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