investment idea

[brownie74]

Well that's bloody relevant, isn't it?

FFS, are you naturally blonde or just a very good actress?

it is if they never got married because she brought up the agreement. understood.

[barely_pointless]

>So the downside is if anytime in the next 30 years you do want to lay your >hands on 100k. Getting married and having kids is going to be the >biggest .cash drain of your life, whereas in retirement, assuming a mortgage >is paid off and kids are gone you'll need less money.

Yup, Getting Married and Kids are a huge drain, especially since if you earn more than 100K (pretty easy in contractor land) you get naught, nada , diddly squat in tax benefit for the kids, seems the Government would prefer low income less troublesome (politically questioning people that is). We get 14.34 aud a month for the baby bonus thingey, which is frankly not worth me or my wife bothering with the paperwork to do it.

I just looked at my 3-yead olds kindie bill , annually it it's about 3.5K, that's 6K gross.

Brownie, only advice I have is get the mortgage done and dusted/over before you have kids!

I if I was single, and I had 100K, I'd day trade using basic MAT (one short , one long) trend comparisons and use volume momentum and acceleration to make the calls, and I'd do it in Europe, not here, the market here is tiny and full of tosser brokers who will charge you a premium that makes it worthless.

[Moscow Mule]

Well that's bloody relevant, isn't it?

FFS, are you naturally blonde or just a very good actress?

My my, we are a grumpy dog today aren't we. Didn't you catch any pussy cats this weekend?

[brownie74]

I if I was single, and I had 100K, I'd day trade using basic MAT (one short , one long) trend comparisons and use volume momentum and acceleration to make the calls, and I'd do it in Europe, not here, the market here is tiny and full of tosser brokers who will charge you a premium that makes it worthless.

have you seen this Day Trader education stuff on YouTube:
http://www.youtube.com/watch?v=ZKxpdY7Ycxk

I can't get passed his accent. Cracks me up. The system seems interesting though

[alreadypacked]

Well that's bloody relevant, isn't it?

FFS, are you naturally blonde or just a very good actress?

It is relevant, he has not got married yet!

[Paddy]

investing in european value properties is more risky than putting it in a managed fund - that is properly diversified - you're talking bout a fairly niche sector

the reason for putting it into a managed fund is because it less hassle, they are experts and will at least cover the index, if not beat it - i'm not an expert and will probably lose all of it if i start dabbling

I put £50,000 in a high earning managed fund in 1991. It is now worth £50,000. Read the small print. At least I have the £50,000 unlike many of my friends who lost everything in their pension funds.

[brownie74]

I put £50,000 in a high earning managed fund in 1991. It is now worth £50,000. Read the small print. At least I have the £50,000 unlike many of my friends who lost everything in their pension funds.

high returns = high risk

balanced fund returning 5% over inflation is good enough and not high risk

were you into a hedge fund or something?

[Churchill]

My my, we are a grumpy dog today aren't we. Didn't you catch any pussy cats this weekend?

Plenty, thank you.

[barely_pointless]

Of course if you want to "secure" a future here in OZ, then I'd suggest chucking a grand or 30 at an Industry Super Fund here.

Just make sure they are "Portable" i.e. , if circumstances change. and likely they will, you need to be sure that you can take the lolly with you.

But as the common belief in the Pension/superannuation industry in the UK pervaded when I left about 10 years ago, was, there is no point in a 24 year old having a pension, (unless he's a geek) because most do not live long enough to reach pensionable age, and most do not have a beneficiary named prior to the age of 30.

Lots of IBB's clean up on this, and in discussions I had with one IBB, they estimated that the total global unclaimed annual pension/super deceased/incapable across all funds, and thus could be recovered , would be in excess of 1 Billion per annum.

Makes you think, eh ? All those "safe" 24 year olds cleaning themselves up on extreme sports, Ladies and Gentlemen may I present reason #1 for not having a pension before you are 30 or have kids, whichever is earlier!.

[brownie74]

But as the common belief in the Pension/superannuation industry in the UK pervaded when I left about 10 years ago, was, there is no point in a 24 year old having a pension, (unless he's a geek) because most do not live long enough to reach pensionable age, and most do not have a beneficiary named prior to the age of 30.

Are you saying that if you reach 30, then you are more likely to reach 65 than if you are still 24? ... perhaps if you live somewhere like Newcastle in the UK. For blokes aged 18-24 it's weekly warfare in the pubs. But not for most people, surely. Shouldn't it be split by people who do action sports. Not people who are 24. So, if you do action sports you are less likely to reach 65 than if you don't. Just because most action sport people are 24, that doesn't alter the life expectancy of the general population of 24 year olds, does it?