Comments on: Tell Us What Questions You Want Answered in the DR http://www.dailyreckoning.com.au/tell-us-what-questions-you-want-answered-in-the-dr/2009/03/16/ An independent perspective on the Australian and global investment markets Sat, 21 Nov 2009 10:39:45 -0600 http://wordpress.org/?v=2.8 hourly 1 By: Michael http://www.dailyreckoning.com.au/tell-us-what-questions-you-want-answered-in-the-dr/2009/03/16/comment-page-4/#comment-118344 Michael Fri, 20 Nov 2009 03:21:02 +0000 http://www.dailyreckoning.com.au/?p=5391#comment-118344 Is it just my impression, or has the subscriber commentary on this site become seriously dumb lately? Is it just my impression, or has the subscriber commentary on this site become seriously dumb lately?

]]> By: Felix http://www.dailyreckoning.com.au/tell-us-what-questions-you-want-answered-in-the-dr/2009/03/16/comment-page-4/#comment-118322 Felix Fri, 20 Nov 2009 00:42:17 +0000 http://www.dailyreckoning.com.au/?p=5391#comment-118322 Our own physical body possesses a wisdom which we who inhabit the body lack. Our own physical body possesses a wisdom which we who inhabit the body lack.

]]> By: jimmy turano http://www.dailyreckoning.com.au/tell-us-what-questions-you-want-answered-in-the-dr/2009/03/16/comment-page-4/#comment-79071 jimmy turano Fri, 22 May 2009 21:18:11 +0000 http://www.dailyreckoning.com.au/?p=5391#comment-79071 When a nasdaq listed company enters and announces a partnership agreement, why are the details including monies not disclosed? Secondly, as a shareholder, why can't we know the details, since the company almost filed bankruptcy with its high burn rate? Do shareholders have any rights of disclosure, or is it for management to know and privy info? When a nasdaq listed company enters and announces a partnership agreement, why are the details including monies not disclosed?
Secondly, as a shareholder, why can't we know the details, since the company almost filed bankruptcy with its high burn rate?
Do shareholders have any rights of disclosure, or is it for management to know and privy info?

]]> By: Paul http://www.dailyreckoning.com.au/tell-us-what-questions-you-want-answered-in-the-dr/2009/03/16/comment-page-4/#comment-78785 Paul Wed, 20 May 2009 08:45:11 +0000 http://www.dailyreckoning.com.au/?p=5391#comment-78785 One simple question, Is there an independent, objective government body or private institute that reports on mortgage defaults in Australia? One simple question,

Is there an independent, objective government body or private institute that reports on mortgage defaults in Australia?

]]> By: susan http://www.dailyreckoning.com.au/tell-us-what-questions-you-want-answered-in-the-dr/2009/03/16/comment-page-4/#comment-76182 susan Wed, 29 Apr 2009 17:47:37 +0000 http://www.dailyreckoning.com.au/?p=5391#comment-76182 in the not so far fetched event that there was a complete global financial catastrophe akin, or even worse than the 1929 market crash, what does that mean for the deposit guarantee scheme that Kevin Rudd has implemented. If there is no money, and the government has no money, and the Australian Federal Reserve is NOT actually a government department, but rather, is owned by the Commonwealth (Britain) ... who will ensure that all guaranteed deposits held in Australian banks and credit unions, will be paid in full? in the not so far fetched event that there was a complete global financial catastrophe akin, or even worse than the 1929 market crash, what does that mean for the deposit guarantee scheme that Kevin Rudd has implemented. If there is no money, and the government has no money, and the Australian Federal Reserve is NOT actually a government department, but rather, is owned by the Commonwealth (Britain) ... who will ensure that all guaranteed deposits held in Australian banks and credit unions, will be paid in full?

]]> By: Pete http://www.dailyreckoning.com.au/tell-us-what-questions-you-want-answered-in-the-dr/2009/03/16/comment-page-4/#comment-72983 Pete Tue, 07 Apr 2009 03:44:17 +0000 http://www.dailyreckoning.com.au/?p=5391#comment-72983 Chris A: Gold you can store safely, at a cost. Safe deposit boxes, etc. Personally I would consider burying it somewhere secret. But that's me, and I don't recommend that risk to you. You will need to keep some cash to live on (and for emergencies). If you buy some shares, you 'could' make some decent returns whilst also ensuring that some of your wealth is liquid. It is a bit tricky picking a winner nowdays though. I'd recommend NCM and WPL as basics personally. They're pretty tidy, and the biggest operators in their field in Australia. Real Estate might not be so good to 'invest in', but if there are loads of foreclosures, maybe you could get in on that? Become an Auctioneer or a regular private agent. I'm sure they will get loads of work, even if the commissions start dropping (at least it's something). If you have plenty of spare time maybe you can undercut the fees of some regular agents. It doesn't cost much to advertise real-estate online, and that is what a lot of agents do nowdays (the last 5 or so years has been very easy money for them). Maybe you could also get into the bank's side of foreclosures - surely there will be a lot of activity there. The banks will need people who understand real estate, so if you have a licence then you're probably a few steps closer than many. Not sure how you would go about getting that work though. You could try approaching banks/bank managers directly. Chris A:

Gold you can store safely, at a cost. Safe deposit boxes, etc. Personally I would consider burying it somewhere secret. But that's me, and I don't recommend that risk to you.

You will need to keep some cash to live on (and for emergencies). If you buy some shares, you 'could' make some decent returns whilst also ensuring that some of your wealth is liquid. It is a bit tricky picking a winner nowdays though. I'd recommend NCM and WPL as basics personally. They're pretty tidy, and the biggest operators in their field in Australia.

Real Estate might not be so good to 'invest in', but if there are loads of foreclosures, maybe you could get in on that? Become an Auctioneer or a regular private agent. I'm sure they will get loads of work, even if the commissions start dropping (at least it's something). If you have plenty of spare time maybe you can undercut the fees of some regular agents.

It doesn't cost much to advertise real-estate online, and that is what a lot of agents do nowdays (the last 5 or so years has been very easy money for them).

Maybe you could also get into the bank's side of foreclosures - surely there will be a lot of activity there. The banks will need people who understand real estate, so if you have a licence then you're probably a few steps closer than many. Not sure how you would go about getting that work though. You could try approaching banks/bank managers directly.

]]> By: Chris Alan http://www.dailyreckoning.com.au/tell-us-what-questions-you-want-answered-in-the-dr/2009/03/16/comment-page-4/#comment-72981 Chris Alan Tue, 07 Apr 2009 03:22:13 +0000 http://www.dailyreckoning.com.au/?p=5391#comment-72981 Rick, Pete, Christina, we have thought of a camper van, it has certain appeal, and you can buy a second hand one quite cheap, if need be pay it off quickly and at the same time pay no rent, you pay for fuel and the normal road levies, of course you pay them anyway, so yes that's a viable idea. ( it seems the mobile home market is tanking too ! lots and lots of shiny new campers the dealers can't sell) as for gold and silver, sure thought of that, the trouble with Gold and silver is as I see it, A) where do you put it where it won't be stolen, B) its value as a medium of exchange is great, but you can't eat it, so a balance would be needed of perhaps long term food and gold? yes i agree that I am the only one who knows what to do with the money, nevertheless its frustrating to be in a position of having a small amount but not enough, I agree and think housing is on the way down here in Australia, I see the bubble being "popped " and when it does, I think it will be like the US, I have a RE license, so I have been my own research and have seen RE in NZ go from good to bad.No joy there. and I am considering more education as well... Pete Gold is good, what about the guns ? though....!!!!! Rick, Pete, Christina,

we have thought of a camper van, it has certain appeal, and you can buy a second hand one quite cheap, if need be pay it off quickly and at the same time pay no rent, you pay for fuel and the normal road levies, of course you pay them anyway, so yes that's a viable idea. ( it seems the mobile home market is tanking too ! lots and lots of shiny new campers the dealers can't sell)

as for gold and silver, sure thought of that, the trouble with Gold and silver is as I see it, A) where do you put it where it won't be stolen, B) its value as a medium of exchange is great, but you can't eat it, so a balance would be needed of perhaps long term food and gold?

yes i agree that I am the only one who knows what to do with the money, nevertheless its frustrating to be in a position of having a small amount but not enough, I agree and think housing is on the way down here in Australia, I see the bubble being "popped " and when it does, I think it will be like the US, I have a RE license,
so I have been my own research and have seen RE in NZ go from good to bad.No joy there.

and I am considering more education as well...

Pete Gold is good, what about the guns ? though....!!!!!

]]> By: christina http://www.dailyreckoning.com.au/tell-us-what-questions-you-want-answered-in-the-dr/2009/03/16/comment-page-4/#comment-72876 christina Mon, 06 Apr 2009 13:21:52 +0000 http://www.dailyreckoning.com.au/?p=5391#comment-72876 I reckon the best thing you can do is start a part time internet business in your spare time after work. I reckon the best thing you can do is start a part time internet business in your spare time after work.

]]> By: rick e http://www.dailyreckoning.com.au/tell-us-what-questions-you-want-answered-in-the-dr/2009/03/16/comment-page-4/#comment-72868 rick e Mon, 06 Apr 2009 11:55:21 +0000 http://www.dailyreckoning.com.au/?p=5391#comment-72868 1. Chris Alan on 6 April 2009: Hi this is crazy but in your position I would buy a camper van and live in that. This is if it is only you and your partner Also join a gym (fitness first so you can use any of their gyms in any suburb you like to stay in) so you can shower before or after work and youse a dry cleaner for your clothes. Travel on the weekends Take your home with you. Why take over someone else’s loan 1. Chris Alan on 6 April 2009:
Hi this is crazy but in your position I would buy a camper van and live in that.
This is if it is only you and your partner
Also join a gym (fitness first so you can use any of their gyms in any suburb you like to stay in) so you can shower before or after work and youse a dry cleaner for your clothes. Travel on the weekends
Take your home with you.
Why take over someone else’s loan

]]> By: Pete http://www.dailyreckoning.com.au/tell-us-what-questions-you-want-answered-in-the-dr/2009/03/16/comment-page-4/#comment-72832 Pete Mon, 06 Apr 2009 07:24:27 +0000 http://www.dailyreckoning.com.au/?p=5391#comment-72832 Oh and of course - investing in yourself is also a good option. That means making yourself more qualified, more employable, etc. Oh and of course - investing in yourself is also a good option. That means making yourself more qualified, more employable, etc.

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