Investing

[madworld]

Haha land on russell island ? Really ? You either live there or believe they will build a bridge one day ? 3 years ago when it cost $15 return for the ferry and close enough to $100 for the barge, land was available for 15 - 20k , after they bought in translink reductions for the passenger ferry prices dropped to being able to buy blocks for 10 - 15k .. of course this is the cheapest crappiest blocks on the island but i dont believe a 15k block on any of the SMBI islands will ever be a strong investment.

Love to hear your reasoning on it though

 

[Goldtarget]

Just rolled a few dollars into a venture today, liquidated business IP. I bet my dollars to bullion in 3 years I'll be ahead. Not as fun as cocaine but puts a smile on my face. BBusiness branded ppe was worth more than I paid alone.

 

[goldtruck59]

Just rolled a few dollars into a venture today, liquidated business IP. I bet my dollars to bullion in 3 years I'll be ahead. Not as fun as cocaine but puts a smile on my face. BBusiness branded ppe was worth more than I paid alone.

Is this your mates business you wrote about a month or two back ?
What happened if it is ? Is he involved in any way?
GT

 

[madworld]

Just rolled a few dollars into a venture today, liquidated business IP. I bet my dollars to bullion in 3 years I'll be ahead. Not as fun as cocaine but puts a smile on my face. BBusiness branded ppe was worth more than I paid alone.

Need a salesman

 

[sce17]

@MadWorld

But I, being poor, have only my dreams;
I have spread my dreams under your feet;
Tread softly because you tread on my dreams

Your criticism is extremely valid, and i'll be honest my reasoning for buying land on Russell Island is as flaccid as an old man's c!@k. But here goes, first and foremost at 15k it's difficult to imagine the price going even further down, and if it does well you still have land. Secondly, although the bridge concept is far fetched, it is not inconceivable. So should it one day happen, in this unpredictable future then well, that's going to be a win. Thirdly, its all still land, 600m2 of God's most inhospitable, mosquito infested land, in the heart of a welfare jungle, but still land. A place to go, should you need it, a place of your own.

 

[Digger Danny]

@MadWorld

But I, being poor, have only my dreams;
I have spread my dreams under your feet;
Tread softly because you tread on my dreams

Your criticism is extremely valid, and i'll be honest my reasoning for buying land on Russell Island is as flaccid as an old man's c!@k. But here goes, first and foremost at 15k it's difficult to imagine the price going even further down, and if it does well you still have land. Secondly, although the bridge concept is far fetched, it is not inconceivable. So should it one day happen, in this unpredictable future then well, that's going to be a win. Thirdly, its all still land, 600m2 of God's most inhospitable, mosquito infested land, in the heart of a welfare jungle, but still land. A place to go, should you need it, a place of your own.

And it is only 15k not much and what else can you buy for 15k without it going down. If you had 30k you could go west of Toowooba and have CSG all around you.

 

[madworld]

Guys, i hear you,4 years ago i thought the exact same thing so i jumped in and bought 2 side by side in 2011 ... built a quick easy little house and after living there for 18 months basically gave them away just to get the kids off that place. Its a whole different world over there and if you dont socialise at all it would probably be ok but as soon as people start knowing you they start talking about you and anyone who is making a go of it becomes a target to all the scumbags, and there is plenty.

 

[madworld]

Not to mention your unimproved land value rates are up around $1000 a year

 

[Digger Danny]

Guys, i hear you,4 years ago i thought the exact same thing so i jumped in and bought 2 side by side in 2011 ... built a quick easy little house and after living there for 18 months basically gave them away just to get the kids off that place. Its a whole different world over there and if you dont socialise at all it would probably be ok but as soon as people start knowing you they start talking about you and anyone who is making a go of it becomes a target to all the scumbags, and there is plenty.

Did not know it was like that, I will keep my 15k

 

[madworld]

Dont get me wrong digger , we met some levely people over there and living the island life is great, fishing boating etc. But i wouldnt pay $100 for a block there now after having lived there. Each to their own though

 

[sce17]

Valid points, that's why it always pay to do your research thoroughly. Know, what your buying. I appreciate your input.

 

[Westaus]

Just rolled a few dollars into a venture today, liquidated business IP. I bet my dollars to bullion in 3 years I'll be ahead. Not as fun as cocaine but puts a smile on my face. BBusiness branded ppe was worth more than I paid alone.

I would be interested to hear more if you are a wholesaler/manufacturer or importer of PPE (Personal Protective Equipment) cheers.

 

[aussiefarmer]

Food = the investment will go ahead once we are fairly paid , e.g. Meat, we raise the mothers to 2 or 3 years old then they give birth and we raise the of spring for upto 12 months then we get $2 /$5 dressed weight a kilo and its $28 per kilo in the shop , now theres the problem I understand overheads but its a joke when we do the hard yards .
Rant over

I known what your saying, this is because all primary industries that i know are price takers and not price setters, I feel for most off them except 1 or 2 that I worked for. We have all heard that 30 years ago you could buy a new cruiser for 8 bullocks now it will set you back 65 bullocks for a new cruiser. aussiefarmer how would you say this could be fixed. Price colluding is illegal.

Cheers, DD

This is getting off topic but the fruit and veg they need to tax imports , it is sad when you can buy imported bananas cheaper ,when we have a struggling industry here that would expand if the sales were there. Only have to look how many small growers of fruit are left about these days.

As for meat its a hard one ,outlets are not good old family butchers that used to source it locally and process it themselves buying direct from farms cutting out at least three middle men that all tack a bit on .
big corporate monopolies have sold at losses just to shut small business and the attraction and convenience of the range of goods that used to take 8 different family shops to sell wins out, if they took all the items that aren't food out of the supermarkets there would actually be room for our trolley's

As for the $50 k get it changed into $2 coins just because it would look pretty when a dump truck arrived and tipped them into your garage, don't forget to post a video for us. :lol:

 

[AtomRat]

Wedderburn shoe factory for sale $150, 000. Deposit n buy.

 

[Digger Danny]

Food = the investment will go ahead once we are fairly paid , e.g. Meat, we raise the mothers to 2 or 3 years old then they give birth and we raise the of spring for upto 12 months then we get $2 /$5 dressed weight a kilo and its $28 per kilo in the shop , now theres the problem I understand overheads but its a joke when we do the hard yards .
Rant over

I known what your saying, this is because all primary industries that i know are price takers and not price setters, I feel for most off them except 1 or 2 that I worked for. We have all heard that 30 years ago you could buy a new cruiser for 8 bullocks now it will set you back 65 bullocks for a new cruiser. aussiefarmer how would you say this could be fixed. Price colluding is illegal.

Cheers, DD

This is getting off topic but the fruit and veg they need to tax imports , it is sad when you can buy imported bananas cheaper ,when we have a struggling industry here that would expand if the sales were there. Only have to look how many small growers of fruit are left about these days.

As for meat its a hard one ,outlets are not good old family butchers that used to source it locally and process it themselves buying direct from farms cutting out at least three middle men that all tack a bit on .
big corporate monopolies have sold at losses just to shut small business and the attraction and convenience of the range of goods that used to take 8 different family shops to sell wins out, if they took all the items that aren't food out of the supermarkets there would actually be room for our trolley's

Aussiefarmer I just started a new thread while you were writing I would like you to have some input.

Cheers, DD
As for the $50 k get it changed into $2 coins just because it would look pretty when a dump truck arrived and tipped them into your garage, don't forget to post a video for us. :lol:

 

[Heatho]

Food = the investment will go ahead once we are fairly paid , e.g. Meat, we raise the mothers to 2 or 3 years old then they give birth and we raise the of spring for upto 12 months then we get $2 /$5 dressed weight a kilo and its $28 per kilo in the shop , now theres the problem I understand overheads but its a joke when we do the hard yards .
Rant over

I known what your saying, this is because all primary industries that i know are price takers and not price setters, I feel for most off them except 1 or 2 that I worked for. We have all heard that 30 years ago you could buy a new cruiser for 8 bullocks now it will set you back 65 bullocks for a new cruiser. aussiefarmer how would you say this could be fixed. Price colluding is illegal.

Cheers, DD

This is getting off topic but the fruit and veg they need to tax imports , it is sad when you can buy imported bananas cheaper ,when we have a struggling industry here that would expand if the sales were there. Only have to look how many small growers of fruit are left about these days.

As for meat its a hard one ,outlets are not good old family butchers that used to source it locally and process it themselves buying direct from farms cutting out at least three middle men that all tack a bit on .
big corporate monopolies have sold at losses just to shut small business and the attraction and convenience of the range of goods that used to take 8 different family shops to sell wins out, if they took all the items that aren't food out of the supermarkets there would actually be room for our trolley's

As for the $50 k get it changed into $2 coins just because it would look pretty when a dump truck arrived and tipped them into your garage, don't forget to post a video for us. :lol:

That's what really makes me angry, all these free trade agreements screwing over Aussie producers, I just don't understand it, well errrr um I do understand it to a degree if you add in a good dose of "New World Order" conspiracy theory..... Actually it doesn't just make me a bit angry it makes me want to totally blow a fuse, so I can only imagine how the actual producers really feel about it.

Tariffs really need to be brought back on all imported stuff. Having no tariffs is why no one will have a job in 10 years time, everything is outsourced to foriegn workers who do it for peanuts.

I never ever buy any food from coles or woolworths, I used to get my steaks delivered to Sydney from Port Macquarie, best steak ever, veggies from growers markets. I know Aldi is not the best support for local produce but wooles and coles hate them and Aldi actually hass really good beef, like really really good beef. Woolies beef is um well not even worth selling as steak, should all just be minced.

As for food imported from china you'd have to be mad to eat it, or it will send you mad if you do, either way it's not good.

 

[Bacchus]

Off topic but the thread has taken a turn well worth discussion , good points posted above regarding FTA's , the politicians spin and advertisements are enough to make you puke, we really are taken for idiots. We now bend over backwards so not to upset our trading partners and are fed misleading information to justify.

One example , it is my understanding Rossi boots ( a great Australian company ) had been supplying boots to our military since World War One , the tender was recently won by an Asian company. The Government justified this decision by stating the overseas tender was 15 percent cheaper than Rossi's , what was not included in these calculations is the tax which would have been paid by the Australian workers and the return of their wages to the local economy not to mention the expense of numerous former employees now on welfare following redundancies but we wouldn't like to upset our new mates would we ? So the tender went overseas , do the math on that !

Unfortunately this is only one example of which I am sure there are many others that the gullible are asked to swallow , and in most instances the imported product does not meet the standards which we as Australians are used to getting anyway

No problems importing product we can not produce ourselves or are genuinely cost prohibitive but this type of stuff is being sold to us with tainted mathematics.

Also , Australian jobs for Australians , sorry about the rant !

Cheers

 

[Heatho]

I like the way the government said "anyone who is against the free trade agreement with china is racist", that comment I find sickening, what a pack of ******** morons. Just saying.

 

[Gold trooper]

Well this thread certainly took off.

I do enjoy reading everyone's advice and I figured I owed it to you all to give you a wrap up of where we are headed.

So we already have a viable income drawing investment, as well as wages,
as sums are concerned it makes us enough each month that if we didn't want to work, we wouldn't need too.

The considerations have been for gold bearing land and then detect it to know end with the zed and 2300,

Or another business of some sort, maybe a cafe, still playing with that idea,

The more positive one is a motorhome and just travel around oz following good gold detecting weather. We're both still young 30 - 40yrs old, travelling we estimate we could manage easily for 2 to 3yrs. The motorhome would be an outright purchase and our other investment covers cost and provides an ability to still save considerably every month.

We're going to sit on it for a couple of months and wait until after Xmas, getting the silly season out of the way.

Again, thanks to all that have shared their thoughts. I've enjoyed the read.

 

[madworld]

Go with the motorhome while your still young.