they can give it away uncle Mustapha alright..........just watch out for them glassing's, sucker punches to the back of heads, king hits to the head and stabbings in the parking lots!!!!not to mention neighbors refraining from burglarizing neighbors........
Shit so as long as the above are controlled somehow...... cheap grog ain't gonna hurt nobody in Perth.
But Pine Creek is a resilient town. It was founded on the mining industry and the railways, and it will continue to be a mining town."It has a good heart and a strong community. "
Well lets just hope the good people of pine creek had the sense to save a goodly portion of all that money that came their way over the boom years. That they didn't piss it all up against the wall and then take on a mountain of debt besides, like nearly every other Australian of means has done.
How well paid baby boomers and the generation following them were fooled into borrowing hundreds of grand each and spending it on holidays new cars and home renovations is just beyond me. It speaks of a shallowness of character, a vanity that borders on the pathetic. To borrow decades into your future income for the sake of impressing your neighbors with your new car and holiday stories, or for the sake of having a new kitchen with a little more elbow room and a rangehood when it's obvious you will be retiring and going onto a much reduced income is foolish in the extreme.
The most satisfying aspect of my financial life is updating my private finacials spreadsheet every month and seeing Zero liability in the debts column. I don't even know what interest rates are these days. I couldn't care less.
Shadow was hopelessly wrong about the Gold Bull Market. What else is he wrong about?
Well lets just hope the good people of pine creek had the sense to save a goodly portion of all that money that came their way over the boom years. That they didn't piss it all up against the wall and then take on a mountain of debt besides, like nearly every other Australian of means has done.
How well paid baby boomers and the generation following them were fooled into borrowing hundreds of grand each and spending it on holidays new cars and home renovations is just beyond me. It speaks of a shallowness of character, a vanity that borders on the pathetic. To borrow decades into your future income for the sake of impressing your neighbors with your new car and holiday stories, or for the sake of having a new kitchen with a little more elbow room and a rangehood when it's obvious you will be retiring and going onto a much reduced income is foolish in the extreme.
The most satisfying aspect of my financial life is updating my private finacials spreadsheet every month and seeing Zero liability in the debts column. I don't even know what interest rates are these days. I couldn't care less.
Smart man, Unfortunately i do not fit into your category of no debt. Our group Debt is running at about 12% of total assets. Average interest rate we would be paying is at say 6.5%. I think variable interest rates would be around 4.8% now but i have some fixed. So average would be around that 6.5%. Anyway good luck. Peter
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