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Investment Portfolio; Against Melbourne/National Property prices.
Topic Started: 16 Dec 2012, 08:34 AM (25,657 Views)
Poontang
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Portfolio 2 sold 1000 NCM for $11010

Bought SBM 100000 for $10520
Edited by Poontang, 27 Aug 2014, 11:24 AM.
There are some people who seem angry and continuously look for conflict.
Walk away, the battle they are fighting isn't with you, it's with themselves.

The first lesson of economics is scarcity: There is not enough of anything to satisfy all who want it.
The first lesson of politics is to disregard the first lesson of economics. ~ Thomas Sowell.

Who was the fool, who the wise man, who the beggar or the Emperor? Whether rich or poor, all are equal in death.
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Poontang
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Will update spreadsheet over the weekend.

AYN has gone into receivership so will be removed from total but left as a sub text line until further info is forthcoming.

Portfolio one will become a SBM share holding only. based on closing trade prices for today, all others sold and funds go onto SBM
Edited by Poontang, 2 Dec 2014, 10:52 PM.
There are some people who seem angry and continuously look for conflict.
Walk away, the battle they are fighting isn't with you, it's with themselves.

The first lesson of economics is scarcity: There is not enough of anything to satisfy all who want it.
The first lesson of politics is to disregard the first lesson of economics. ~ Thomas Sowell.

Who was the fool, who the wise man, who the beggar or the Emperor? Whether rich or poor, all are equal in death.
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Poontang
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Latest dividend payments are not included... Will get to them asap as well as cash balances to be brought forward.

Posted Image



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P1 Has $1069 Cash carried forward + $718 dividends from NST

P2 Has $19515 Cash carried forward + $5950 dividends. BPT $276, CKF $690, CTN $902, EVN $120 and NST $3961

P1 Cash $1787

P2 Cash $25465


Edited by Poontang, 11 Dec 2014, 08:55 PM.
There are some people who seem angry and continuously look for conflict.
Walk away, the battle they are fighting isn't with you, it's with themselves.

The first lesson of economics is scarcity: There is not enough of anything to satisfy all who want it.
The first lesson of politics is to disregard the first lesson of economics. ~ Thomas Sowell.

Who was the fool, who the wise man, who the beggar or the Emperor? Whether rich or poor, all are equal in death.
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K-town
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Poontang
19 Jul 2014, 10:30 PM
There is no real money at stake so caution can be thrown to the wind....
So what’s the point of this thread? A totally unrealistic scenario versus buying a house.

When is someone stating a thread where they borrow the cost of a house, go to the casino and, in just one day owns a house, maybe ?

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Poontang
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Posted Image

Edited by Poontang, 11 Jan 2015, 08:30 AM.
There are some people who seem angry and continuously look for conflict.
Walk away, the battle they are fighting isn't with you, it's with themselves.

The first lesson of economics is scarcity: There is not enough of anything to satisfy all who want it.
The first lesson of politics is to disregard the first lesson of economics. ~ Thomas Sowell.

Who was the fool, who the wise man, who the beggar or the Emperor? Whether rich or poor, all are equal in death.
Profile "REPLY WITH QUOTE" Go to top
 
Poontang
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1st one has made a comeback.. was down to $75k at one point.


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Posted Image

Take $40k off for rent paid on portfolio 2

Take $28k of property gains to cover interest, rates, water rates etc

Portfolio owner is in front.. CGT issue is negligible as there is around $100k of capital losses on the ledger as well as 50% discount on CGT gains over 12 months old.


Whether some would do this or whether it is realistic is not the issue.. It is in black and white that it can be done and that was the point.


I am expecting gold to go higher over the next couple of years (not in a straight line though) The gold miners on here should continue to rise in value (dips aside during the interim)

There are some people who seem angry and continuously look for conflict.
Walk away, the battle they are fighting isn't with you, it's with themselves.

The first lesson of economics is scarcity: There is not enough of anything to satisfy all who want it.
The first lesson of politics is to disregard the first lesson of economics. ~ Thomas Sowell.

Who was the fool, who the wise man, who the beggar or the Emperor? Whether rich or poor, all are equal in death.
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Investor888
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Poontang
5 Feb 2015, 07:36 PM
Take $40k off for rent paid on portfolio 2

Take $28k of property gains to cover interest, rates, water rates etc

Portfolio owner is in front.. CGT issue is negligible as there is around $100k of capital losses on the ledger as well as 50% discount on CGT gains over 12 months old.
Your full of shit. :re: How do you even figure that the share owner is in front. Even you say your down $100K.

Your showing your share + cash balance as $860K. Christ, if I had that sort of cash, it would go toward 4-5 properties (not your one property in your example in a backwater suburb of Melbourne), and the property portfolio would be up much more than your $100K loss to date.
Edited by Investor888, 5 Feb 2015, 07:56 PM.
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Poontang
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Investor888
5 Feb 2015, 07:54 PM
Your full of shit. :re: How do you even figure that the share owner is in front. Even you say your down $100K.

Your showing your share + cash balance as $860K. Christ, if I had that sort of cash, it would go toward 4-5 properties (not your one property in your example in a backwater suburb of Melbourne), and the property portfolio would be up much more than your $100K loss to date.
You're an idiot.

I'll answer you any way though.

Comparison was against using $240k as a deposit on a ~$480k house 2 years ago vs the another person using the $240k and borrowing against it to purchase shares instead and then renting a property in the same area.

The portfolio and cash balance stands at $628k (not $860k as you state) Are you dyslexic by chance?
The property is $562K

The investor has paid about $40k in rent (opportunity cost, dead money or whatever you wish to call it) so say $588k

The owner occupier has a property worth $562k but has paid interest on the loan as well as council rates, water rates etc (no maintenance required/assumed at this stage)
Which would come to around $27K Making $535k

Share investor is around $50k up.
There are some people who seem angry and continuously look for conflict.
Walk away, the battle they are fighting isn't with you, it's with themselves.

The first lesson of economics is scarcity: There is not enough of anything to satisfy all who want it.
The first lesson of politics is to disregard the first lesson of economics. ~ Thomas Sowell.

Who was the fool, who the wise man, who the beggar or the Emperor? Whether rich or poor, all are equal in death.
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Investor888
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Poontang
5 Feb 2015, 08:22 PM
The portfolio and cash balance stands at $628k (not $860k as you state) Are you dyslexic by chance?
Your a bullshit artist. You showing two(2)!! portfolios (APF and APF1) with combined value of $860K.
Creating bullshit dummy portfolios to try and prove your point.

So in the last 2yrs how much REAL WORLD profit have you made. My $240K deposit + purchase costs as you have it went to 3 Sydney properties in 2012. Property value in 2012 ~ $950K.
Property value now ~ $1.2+ million . REAL WORLD profit ($250K +++).

Loser. :re: That's $120K/yr. Probably more each year sitting back doing nothing, than you earn in a year.

Edited by Investor888, 5 Feb 2015, 08:58 PM.
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Poontang
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Investor888
5 Feb 2015, 08:54 PM
Your a bullshit artist. You showing two(2)!! portfolios (APF and APF1) with combined value of $860K.
Creating bullshit dummy portfolios to try and prove your point.

So in the last 2yrs how much REAL WORLD profit have you made. My $240K deposit + purchase costs as you have it went to 3 Sydney properties in 2012. Property value in 2012 ~ $950K.
Property value now ~ $1.2+ million . REAL WORLD profit ($250K +++).

Loser. :re: That's $120K/yr. Probably more each year sitting back doing nothing, than you earn in a year.
It appears you have not read the thread and you're arguing on something you have no knowledge of..

You're an idiot.
There are some people who seem angry and continuously look for conflict.
Walk away, the battle they are fighting isn't with you, it's with themselves.

The first lesson of economics is scarcity: There is not enough of anything to satisfy all who want it.
The first lesson of politics is to disregard the first lesson of economics. ~ Thomas Sowell.

Who was the fool, who the wise man, who the beggar or the Emperor? Whether rich or poor, all are equal in death.
Profile "REPLY WITH QUOTE" Go to top
 
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