Rat Finke

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About Rat Finke

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    Advanced Member

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    Male
  • Location
    West of Melbourne

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  1. Inspiring Mini Documentary

    I like the idea of being better off spending $300 on fuel than $300 on bike bits, to make you a better rider
  2. Facebook

    Saw this relic on FB if anyone has cash, time and motivation (not me)
  3. Property Investment

    25% loss in bitcoin value is now 50% loss in bitcoin value http://www.news.com.au/finance/money/investing/bitcoin-loses-nearly-half-its-value-in-187-billion-wipeout-as-crypto-correction-continues/news-story/fc40b9f1b11d07011c0b95dc7659bfa1
  4. Property Investment

    I always start with the principal of only invest in things you understand. I don’t understand bitcoin Whilst on the negative team, this article from India gives some perspective to reflect on https://economictimes.indiatimes.com/wealth/invest/7-reasons-why-you-should-not-invest-in-bitcoins-cryptocurrencies/articleshow/60891341.cms
  5. 2018 KTM/HUSQVARNA TPI 250/300

    I think this hot weather is making ppl cranky
  6. What are you watching on TV

    Stick with it - it all comes together in the last 3rd of the series
  7. Bought a pair of new riding boots today Great service and 10% off the marked price for being a Dirtriderz member. Spoke to ‘Dean’ on the front counter [emoji106]
  8. Hey Fro. I need some boots and knee protection. What deal did you end up negotiating with MCA? And is there someone I should ask to talk to? Cheers
  9. Property Investment

    There is all sorts of advice out there. My advice is get some good advice that is bespoke for your individual circumstances.
  10. Property Investment

    Pete. A can of worms there. You get into the realm of individual financial capacity so there is no answer which is either A or B. If you had stacks of cash and access to debt, for example, you would do both. Also needs to make sure asset portfolios are balanced and not excessively weighted to say, just property
  11. Property Investment

    Whilst it may seem that the purpose of this thread is to taunt every 6 months or so, its purpose is that it’s useful to go back over the 2.5 years and see what people say and if their prophecies come true. Go and review the Sun (or Herald) from 1963, or any other year, and the theme of overinflated property prices is constant. It’s a staple which gets repeated over and over because it appeals to the average punter and sells papers. You still need to buy smart and stay away from oversupplied markets....but the whole property market is not contaminated by inner city apartments, for example. In all honesty though, how many people do you know that have lost money buying/selling property over your lifetime? Anecdotally it does happen - but the vast majority make money. The reality is that it’s not that risky as a class of asset to invest in, despite what you read in the papers or on this thread. [emoji106]
  12. Property Investment

    January, near Richmond station = Tennis [emoji462] fanatics here for the Oz open
  13. Property Investment

    BB can sit in the front seat with me on the trip to the bottle shop Silent and FullySick can sit in the back seat and argue who will get nearest the date for end of the world [emoji3]
  14. Property Investment

    Don’t doubt what you are saying BB, but other people seem to be doing well ‘round the corner’ Understand you can have unsavoury tenants, but the halo effect (marketing speak) of some of your neighboring suburbs will pull the capital appreciation along.
  15. Property Investment

    Hey Silent Wanna lift to the bottle shop with me? The Apex gang can steal your abandoned car and we live large on the insurance proceeds We will probably overtake FullySick doing 70km/h in the right hand lane, on his max 80km/h skinny tyre, because he got a flat on the way to work and is concerned about people speeding and getting ahead of him [emoji3] RF