![]() |
I remember reading a few years back that most Millionairs in Australia are SELF made Miliionaires, and that a large % had been bankrupt at least ONCE, B4 making the big time.........makes you think doesn't it........ i.e. you have to have the "SPIRIT" to make it!!!
Also I particularly like "Bondies" analogy, "all" partnerships are "SINKING" ships,......... |
Like most on paper millionaires. they never lifted a finger. It's called 'negative gearing'.
Like everything else, it has it's ying and yang. The yang bit is called a not-to-far-away recession, due to our artificial economy that's growth has been consumer led with a massive spending spree [of borrowed fake property value equity, called the ''debt semi-trailer'] led by the ying [negative gearing], put in place by Howard and co. We have all been lulled into thinking everything is just peachy, while Howard's mates the property investors [they have all moved to Perth now thank God], get disgustingly rich! |
| All times are GMT +10. The time now is 08:54 PM. |
Powered by: vBulletin Version 3.0.3
Copyright ©2000 - 2025, Jelsoft Enterprises Ltd.