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Offline mattyg

  • Adelaide -

  • Joined: Sep 2012

  • Drives: Audi Q5
  • Location: Adelaide
  • Name: Matt G
The final hearing of a class action against the Commonwealth bank commenced by a class of mum and dad investors that lost out big time when Storm Financial collapsed begins on Monday.

Some of the loans that were approved (many of which were margin lends) are quite incredible.

waiting for the documentary to be made... couldn't thing of anything worse then watching this in the courts... but boy will it make a good tele series...

Offline schmik325

  • Joined: Nov 2010

  • Location: Bris, Qld
eBay is definitely done. There's so many 'gurus' offering courses on how to run a business on there that it shows they make their money from those courses rather than selling items on ebay. I use it only to sell junk i'd otherwise give away or throw out although you can find cheap cars on there sometimes.

For me it's real estate for sure. Inner city townhouse / multi unit developments were selling around here in Bris even during the floods. At the moment it's a joke, they go like hotcakes.

Its easy to see that if you don't acquire income producing assets (e.g. a house) you'll always just be keeping up with inflation.

House prices will always rise, as wages and everything else will. What will the average ann income be in 10 yrs? $120k?+? That means even your average joe can buy a $600k+ house.

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