FatCat's Money Confessions

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Stuart added a discussion
Bankrupt or not to bankrupt??
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…
March 13
Stuart updated their profile
March 13
Stuart is now a member of FatCat's Money Confessions
Welcome Them!
March 13
Tony Banks is now a member of FatCat's Money Confessions
Welcome Them!
March 8
kyuubi13 updated their profile
March 6
kyuubi13 is now a member of FatCat's Money Confessions
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March 6
AJ commented on Brad Kendrick's blog post 'Post redundancy help!'
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...…
March 1
AJ added a discussion
Addressing the shortage of residential property
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…
March 1
AJ replied to Colin Smith's discussion 'IS IT TIME TO REVAMP THE SYSTEM OF GOVENMENT IN AUSTRALIA ????'
You should email this to Get-Up
March 1
AJ replied to The Wah's discussion 'The Seven Parachute Colouring Habits of Highly Effective Cheese Movers'
Ever read "The richest man in Babylon"? Its got the most straight forward financial plan that applies to anyone.
March 1
AJ replied to evenmada's discussion 'All these online money making ideas'
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
March 1
AJ is now a member of FatCat's Money Confessions
Welcome Them!
February 28
J Pang added a discussion
Principle residence and capital gains - continue renting or sell?
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…
February 27
J Pang and Christopher Wingate joined FatCat's Money Confessions
February 27
Christopher Wingate added a discussion
Message to billionaire Aussie John from inside a rat infested squalid Indonesian jail.
  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…
February 27
cassandra kate dao-ines is now a member of FatCat's Money Confessions
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February 22

FatCat news

Home-Equity Loans

A home-equity loan, also known as a line of credit, lets homeowners borrow money by leveraging the equity in their homes.

Bill Gates No Longer World's Richest Man

For the third time in three years, the world has a new richest man.

Eddy Groves' yacht, chopper to be sold

A helicopter and yacht on which fallen childcare entrepreneur Eddy Groves defaulted mortgage repayments are likely to be sold after approval was granted by the Federal Court.

Billionaire Truck Driver Lindsay Fox

The global economic downturn was bad news for most businesses but not for the one belonging to Australian trucking billionaire Lindsay Fox.

Andrew Forrest tops Aussie rich list

Iron ore magnate Andrew Forrest has more than doubled his wealth to reclaim the title of the nation's richest person from gaming tycoon James Packer, according to the latest Australia Rich list published by Forbes Asia.

Australia's 40 Richest

An Australian could have stood pat in the 10 months since Forbes Asia last ranked the country's 40 wealthiest people and still would have been one-fifth richer by our count. The Aussie dollar gained 21% against the U.S. greenback, our benchmark.

Industry super members better off

People who invest their super in industry funds are almost $80,000 better off than retail consumers

$1 Million: Does It Still Mean You're Rich?

Becoming a millionaire used to mean you were on top of the world. Nowadays, it means you are climbing up the ladder.

Billionaire Predictions 2010

Even as most billionaires saw their wealth increase in 2009 along with rising stock markets, some remain cautious and believe that 2010 will continue to test the global economy.

Why Retirement Could Be Bad For You

You cannot imagine how many times I've heard business builders lament: By the time I'm able to smell the roses, I'll be too old to walk through the garden!

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