Articles In ‘Myths & Fairy Tales’ Section
How did the Global Financial Crisis Happen? »
10 Points to Get You Up to Speed Confused about the "Global Financial Crisis"? Read the 10 points below to get a good overview of what happened. 1. Between 2004 and 2006 interest rates in the US rose from 1 percent to 5.35 percent. Homeowners began defaulting on their mortgages, particularly ‘sub-prime’ loans (high-risk loans to people with [...]
What a Joke »
2009.04.02 06:50:48 The following is an article which nearly made me choke with laughter. I am going to insert my "thoughts" as I read through it. Don't choke on your dinner Investors are walking around with much more of a spring in their step after a great month for Australia’s growth and hedged international assets. "TP: What the.... [...]
Beware – Run forest run. »
2009.03.09 06:54:52 Beware of lien returns - Sunday Star Times Last updated 09:11 03/03/2009 le Phil Jones, the founder of Richmastery, is making a bid to get Kiwi homeowners to remortgage their homes to buy unpaid county and state tax debts in the US. It's the latest get-rich-quick scheme from Richmastery, with Jones telling potential [...]
Remember the PIE Rule »
2009.03.04 03:28:22 P - Strong Population I - Infrastructure Investment E - Employment Opportunities The PIE Formula is an oldie but a goodie and it is being used at the moment to pick the hot spots in Sydney. The same formula can be used here in NZ, Where do you think the PIE formula would point to as a good investment in this [...]
Busting The Great Property Myth »
2009.06.02 02:57:50 Playing the waiting game to gather information is often a wasted opportunity. There is an old myth, that states `making it big in property is all about timing and the right facts'. This myth puts many new or nervous investors at an immediate disadvantage and often plagues them with enough self doubt to ensure they do not [...]