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What platforms do people recommend for buying/selling shares both in Oz and abroad? Pros and cons for those?

The 50k is access to credit so not really in my back pocket. I'd like to have that much in cash but don't at the moment.

I have 50k in a LOC and CC limit. That's for zombie apocalypse scenarios, not rainy day scenarios. If you are willing to stand up to banks then unsecured debt is not necessarily a major concern (if you know what you're doing).

Not sure if the amount is based on redbook value or purchase price, but one can get some nice second-hand cars imported from Japan under 7k.

Tactical option: don't buy a car over $7k because the cops can't take it. So buy in full in cash. If you're a car enthusiast then it's a different story (e.g. Ferrari, Lambo).

Six months of living expenses, preferably 12.

KP is right. Glenn Stevens is a fool. Last April he said there was no chance of a recession. A year later he admitted Australia was ALREADY in recession. The RBA are tools who don't understand how bad this depression is going to be. They are terrible property spruikers trying to keep up a market...

Hard assets. That includes gold. Google 'Alpa Strategy' and read the PDF book. No asset is 100% safe, even property can be confiscated (stolen) or destroyed. The government guarantee doesn't provide you with guaranteed access to all of your money when you want it, nor does it guarantee the...

I have no vested financial interest. I call it how I see it. Your rebuttal provides no critical insight or evidence other than a personal view. I agree there are doom merchants making money out of fear but I am not one of them, I don't make a single cent. Here is a taste of current economic...

They don't lack natural resources, what they lack is civil infrastructure (e.g., government, police, courts, enforced property rights). Lack of rule of law and an unstable government means that the Congo can't sell government bonds which would provide funds to invest in infrastructure. Foreign...

99% of people buying houses this year are complete and utter morons. Go do your own research and you'll come to the same conclusion. Here's a starting point: www.bubblepedia.net.au mdFPDdwys0Y * Note: this is for US house prices.

Now down to $20.40 (on it's way to zero). I assume the bank's already called in the loan, if not his parents' house is gawn! Just goes to show the greed and stupidity of so many people.

L. Government bailout packages are exactly what Japan tried to do to save their economy... see the 'lost decade' for more on how that fared. Current account deficit - ugly. Private debt to GDP - ugly. Magnitude of housing bubble - ugly. Real estate clearance rates - ugly. Manufacturing...

My mistake, though I suspect there are further cuts to come unless the RBA needs to protect the falling AUD.

Haha... Peter Schiff has made fools of quite a few people over the last few years... B8r-nDBx5Jg nFVDSxZ_n3c Not related to the original post, but this piece by Max Keiser was quite prophetic (filmed over a year ago)... quite relevant to Australia's financial position too. JjglR2KYz5o...

They were saying the same thing about California just a few years ago. :p It's mainly a myth spouted by those with interests in the property market. There are plenty of houses available. http://bubblepedia.net.au/tiki-index.php?page=HousingShortage http://cij.inspiriting.com/?p=458...

You should always learn from history... :D bNmcf4Y3lGM

I suppose you don't believe in bubbles, do you? Property crashes don't happen here, like in the USA, UK, Spain, New Zealand, etc.? It's so different here. Hey, if you believe in, "buy high, sell low", while in the peak of Australia's biggest property bubble in over a century - or ever, then go...

On the rare occasion I get charged I always call... and always get a refund of the same amount. The most recent one was where I missed the credit card repayment by a day... it was $35 and I had it refunded the next day.

Rate cuts will drive the dollar lower, not higher. I'm not sure what rationale you use to think it will strengthen the dollar.

What about rates, sewer tax, maintenance costs, body corporate fees, etc.? Have you factored that in to the $350/week? If you rent out the place you still have these overheads to pay for, plus some to the taxman (plus paying your own rent). If you have bad tenants, lease breaks, can't rent the...

RENT! Withstanding very few exceptions, if you are considering buying now you are a complete and utter moron. Australia is currently experiencing its largest ever property bubble, even bigger than in the 1890's. Unemployment has been forecast to double next year, which means it is more...

Generally speaking, now is not a good time to buy. It certainly hasn't bottomed.

Haha. When they changed the ATMs a few years ago I made an official complaint about that cheery bitch... glad I'm not the only one that wants rid of her!

Get a friend to rent out a room, and have them pay rent in cash.

I'm not sure of tax implications but it is unlikely the bank would loan you the money. Banks in Australia will not loan money for overseas property purchases (though there are exceptions if you have sufficient collateral or an existing loan, etc.). You'd also have to worry about exchange...

Try $48.55. Just a lazy $75K down... and it won't surprise me to see that slide even further. I hope he sold up!

Don't expect them go to down this year. If anything expect them to be at least 1% higher than what they are now by the end of the year. But as other posters have said, nobody knows, not even the RBA.

I hope you offloaded them... http://www.news.com.au/business/story/0,23636,23250381-14334,00.html In Australia, banking stocks were hit the hardest, with Macquarie Group's share price plunging more than 7 per cent to $52.70 while Babcock & Brown lost more than 6 per cent at $15.33. Oh...

Anyone know some good foreign currency/trading analysis web sites?