Sharechat Logo

Forum Archive Index - July 2003

Please note usage of the Forum is subject to the Terms & Conditions.

 
Messages by Date [ Next by Date Previous by Date ]
Messages by Thread [ Next by Thread Previous by Thread ]
Post to the Forum [ New message Reply to this message ]
Printable version
 

[sharechat] property versus shares by macdunk


From: "Duncan MacGregor" <d-m_macgregor@xtra.co.nz>
Date: Thu, 10 Jul 2003 19:25:50 +1200 (New Zealand Standard Time)


snoopy regardless of how successful you are on the share market don't let It blind you to the real big money to be made in the property market.  Fortunes are being made at this very moment     Don't let yourself be blinded by following a system forsaking all others when you do that It only means you have closed your mind.   The property market at this moment Is leaving shares for dead.    Let me explain macdunks way. I build a house, a normal 3brm in built garage In Auckland.  I claim GST on everything When I finish I rent It to the housing corp and take a loan out for the total cost.  The rent pays the loan I don't even meet the tenants the housing corp do the lot which Includes malicious damage liability.  The house has cost me nothing I can then start on the next one.   What sort of capital gain will I claim on how many houses to keep pace with your shares.
I Invest In the market because Its fun and Its a challenge but for the real money at this moment property leaves It for dead 
                  cheers macdunk 
____________________________________________________
  IncrediMail - Email has finally evolved - Click Here

Replies

 
Messages by Date [ Next by Date: Re: [sharechat] question for Macdunk Rockbottom
Previous by Date: [sharechat] Total Speculation Postie ]
Messages by Thread [ Next by Thread: Re: [sharechat] property versus shares by macdunk McLean & Co
Previous by Thread: [sharechat] Investing In Steel - July Update tennyson@caverock.net.nz ]
Post to the Forum [ New message Reply to this message ]

IRG See IRG research reports