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jacquesk's Discussions
My pay has dropped!
Replied Feb 22
superannuation
Replied Oct. 7, 2009
who is responsible?
Replied Aug. 26, 2009
jacquesk's Page
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My gut reply.
Study more. If you are going to re-enter the labour pool then it is better to do it at a higher level.
Hi Michelle
Interesting question. Not sure where you would source an answer for that. I did a quick search but couldnt find an opinion one way or another. Have you consulted a financial advisor?
Yow-ouch. That is a very deep hole that will take some effort to get out of. Here are some possible strategies you could use.
1/ Move the debt from the credit cards where you pay ruinous interest rates to some sort of combined loan where the intere…
Just thought this might be of interest.
http://business.theage.com.au/business/fixedrate-mortgages-back-in-demand-20090810-efnk.html
Exactly! That is why you would fix a sizable portion of your loan. Lets say you locked in 75% of your loan into a fixed rate. If interest rates go up then the portion locked in at the lower rate (75%) is unaffected. The portion that remained on the…
I think I would be inclined to go for it and fix the majority of your loan. I do not think interest rates will go lower. I would consider fixing 60 - 75% of the loan. The prob with fixing your loan is that you cannot pay it off any quicker therefore…
Hi Nikki
I have no background as a lawyer, solicitor or whatever but I believe that if you have a surviving spouse the credit card company can pursue them. Failing this the CCC can pursue your estate. No idea if this includes your superannuation etc…
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Comment Wall (14 comments)
- At 1:44am on February 10, 2009,
Miffy said… - Good strategy - panic only causes you to make irrational decisions, like selling at the bottom. Hanging on to your job is essential too - I think a lot of people were taking their jobs for granted, when we're lucky to have one.
- At 12:08am on July 21, 2008,
Bandwidth said… - When it comes to digging up opportunities
I have developed a very effective market scanning system which scans, suing technical rules, the top 600. This is based on weekley data and works ver profitably
- At 10:36pm on July 17, 2008,
Bandwidth said…
- Do you have a suggested topic
- At 9:26pm on July 17, 2008,
Bandwidth said…
- Hello Jaquesk. Great to read your sensible and informed contributions. Was thinking maybe we should take the share investiing to another thread rather than leave it in the property vs share thread
- At 6:42pm on July 17, 2008,
Miffy said…
- Hey jacquesk, just noticed a small typo in the title of the forum you started
Property verses other forms of investment
Not sure if you can amend this...
Miffy
- At 10:18pm on July 14, 2008,
Karen said… - Ah, but there are so many voices these days jacquesk! It seems like there is so much conflicting information out there that it's hard to make sense of it all.
That said, more bad news seems to come out of the US each week, and I can't help but think that the "little brother" role that Australia seems to play to the US will also happen with shares and property... I hope not, but we do tend to follow them blindly, no matter the circumstances (war, economics, stockmarket)
- At 2:58am on July 14, 2008,
Scott Keefer said… - Hi Jacquesk.
Thanks for the comment re borrowing to invest. Smart move using the equity in your home rather than a ML. Good luck with your investments!
- At 2:23am on July 14, 2008,
Miffy said…
- :) - I think you have to check your "friend requests" and click accept (or reject!)
Miffy
- At 7:28pm on July 12, 2008,
Karen said…
- Now that it's working, I can add you as a "friend". Tried it a while back, but had no luck...
BTW, how are things going? All sorts of doom and gloom seems to be surrounding us at the moment...I just read the article that Matthew Reader put up... should we buy all this, or is it just journos trying to sell papers?
- At 5:09pm on June 8, 2008,
Matthew Reader said… - Well done JK! You're setting the bar high for us.
Matt
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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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