arescarti42 » user profile

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Member Since 15/07/2010
Last Seen 10 hours 46 min
Location Canberra

Recent Activities

5% real growth rate for is extremely optimistic in my view - unless the RBA can figure out how to keep lowering mortgage rates below...
10/02/2020 - 22:26
Have a read through this blog - very good: https://passiveinvestingaustralia.com/ Share investing doesn't have to be hard, and i suspect it...
10/02/2020 - 22:09
Anyone have any views on a Ford Kuga? Seem to be well within the price range, but unsure of reliability. My 2004 T30 X trail with 270k km...
16/10/2019 - 07:50
Thanks. The building inspection report notes that the stairs are unapproved, but says they're in good condition (granted this is not a...
14/10/2019 - 22:06
Thanks. This had crossed my mind.
14/10/2019 - 22:00
Hi hivemind, I'm looking to buy a house at auction in a few weeks time (FHB). The house has a garage on the ground floor, and the previous...
14/10/2019 - 18:58
The immigration stats you hear quoted are for 'primary skilled applicants', i.e. the person with a skilled work visa. These people do...
29/07/2019 - 19:13
Look at the invoice - the notes say they've done a basic service and inspection, not an oil change. This is probably on the high side for a...
20/05/2019 - 22:16
Can anyone comment on the quality of the hot breakfast food at IKEA nowadays? I checked out the Canberra one a few years ago, and the eggs...
25/04/2019 - 10:10
What on earth are you talking about? S&P/ASX 200 April 1 2019 - 6217.0 S&P/ASX 200 April 1 2009 - 3579.7 The ASX200 is up 73% on what it...
01/04/2019 - 19:08
Bernie Madoff's investment company turned out to be a Ponzi scheme after having taken in over $60 billion in investments over 30 years. A...
01/04/2019 - 18:56
Speaking of uneducated people, the word you were after is 'their', not 'there'.
19/01/2019 - 17:35
"I was thinking about all those retailers going into administration and the PM urging people to buy stuff." It's pretty clear that the...
19/01/2019 - 14:17
Prices in Melbourne and Sydney are failing at a rate of about 1% a month at the moment. That's around $2000 a week on the average $800k...
30/11/2018 - 22:16
An economic boom coupled with lax lending resulted in a property bubble, which subsequently burst - prices fell 50-70% from the peak.
17/11/2018 - 20:37
Their safety margin is called the Australian tax payer.
17/11/2018 - 20:31
IMO they will probably continue to fall at around the current pace next year. The current falls are being caused by banks withdrawing...
17/11/2018 - 20:29
IMO the main advantage Apple devices have over Android devices is that manufacturers who use Android often have crappy interfaces loaded up...
06/10/2018 - 12:58
Stuff like fancy cars can be fun, but they will never make you happy and give your life meaning. They can make you unhappy if they require...
13/09/2018 - 19:29
It is true. Demand for rental property is what economists call demand elastic, which means that as the price rises demand falls (because...
30/08/2018 - 22:55
[@dazweeja](/comment/6309029/redir): Bingo. All an 'investor' buying an existing property does it turn a potential home owner into a...
30/08/2018 - 22:44
Any investment that relies on huge taxpayer subsidies from the majority to the few rather than fundamentals to support its value was always...
30/08/2018 - 22:35
The central heating in my house runs on diesel fuel (old house), but it costs around $1.7/L to have diesel delivered to my house via a...
25/08/2018 - 18:09
[@Lv80](/comment/6184122/redir): The structure of the economy has changed since the 1980s. Population growth was easy then because the...
23/07/2018 - 22:04
State and federal governments are investing billions and billions of dollars in infrastructure every year, more than has ever been invested...
23/07/2018 - 21:59
That only works if you ignore the cost of immigration on society. Every new immigrant needs added investment in public infrastructure such...
23/07/2018 - 21:48
Sweet fancy Moses! Genuine question - why on earth is that so expensive? Is this just the mum scene equivalent of driving some ridiculously...
14/12/2017 - 22:46
I'm inclined to second this. I bought a 2007 Honda CBR125R with the exact purpose of riding to uni to avoid parking, and it could manage...
30/11/2017 - 15:03
-Drones/Quadcopters. You can get a decent beginner drone for ~$50. I've spent hours of fun with my friends down at the local oval racing...
07/11/2017 - 20:34