Thread: Investment advice please

Just go with your heart, Richard.

No advice is needed, as all good intention and suggestion has nothing to do with your personal/familial situation.

You're still young enough to accommodate experiences and gather knowledge for future use.

Buy Sterling or Euros now. Cash in when the UK votes to stay in and they will both surge.

You can make big money on the shares.
You have to know your shit and be watching the ticker 24/7.

Fuck that, life's too short


Property is sound and easy.

Originally Posted by chassamui

Buy Sterling or Euros now. Cash in when the UK votes to stay in and they will both surge.

Imagining there is real wealth or worth....

Originally Posted by Dapper

You can make big money on the shares.
You have to know your shit and be watching the ticker 24/7.

Fuck that, life's too short


Property is sound and easy.

That is spot on regards playing in the share market. To be successful one must be watching them on a daily basis hoping to pull out before the crash comes.

It's a friggin roller coaster in that game. Not for the faint hearted.

I think it's fair to say that the posters who own their property out right in the real world feel very secure with their lot.

It's the way it works.

Owning ones own house in the real world is certainly a winning thing.

Being real to oneself is much more valuable you and loved ones.

Take heed.

Originally Posted by NZdick1983

Last year we were staying at her mum's house, we felt a small earthquake... I ran downstairs freaking out

Originally Posted by terry57

I was in Bali airport when a quake hit.

I truly fookin shit my pants and was quite alarmed

I was in bed when the big one hit the UK in 2008.. the bed lurched and shook and I felt a bit giddy.

I've been trying to recreate the moment every night since, but have barely managed a blip on the Richter scale

Originally Posted by terry57

Owning ones own house in the real world is certainly a winning thing.

That does depend on what time and at what price you buy into the market though.

Im on the smart phone so keeping it simple.

A: property has utility. Meaning you live their. ie, you pay to live everywhere worth living. The market determines the price. I don't have a lanord because I hate to give money away.....

I am a landlord because poor people need a place to stay too. I like to feel I'm helping the little guy.

Where and what and when to buy. 2009 was good to me here as people lost ass as values sank so they could not get above water. They walked away giving to ths banks. Buying at 1/4 valuse paying cash. The bank has to pay property taxes too you know. They hateted that. Now you say Decling
population, overvalued market, people highly leveraged doesn't sound good. If in a buble hold off till it bursts. Then jump in.

Don't Don't Don't be an absentee land lord. May work for 57 but I wouldn't do it. His gaff is paid off so If they fuck him off he aint in a world of hurt. Just might have to evict the tennants if they lose their ability to pay. That takes time and money. Just sayen.

Now stocks are a nice tool. Personally I look to a dividend paying stock. It's nice to know I could just quit my job and live off dividends if I wanted to. It took me a long time to get to that point but anyone could do it if they had the will to not spend beyond their means.

IPOs . Have to do the reasurch but Im still kicking myself in the ass for not getting in on Tesla at 14 bucks a share. I would be retired buy now. Opertunity doesn't knock twice. If people are putting their own money into something that speaks volumes. Rings true for Realestate as well.

Lots to think about. But one thing is certain. If you dont own your own home your paying someone so you can live somewhere. Get that out of the way and you will be ahead of the rest of the slackers.


Good luck and remember their are no do overs. And could have should have would have don't cut it.


Fish out. I'm going to play with my motorcycles now as the ice is too thin to fish safe.

Sorry I'm not going to correct my spelling errors. My thumb is knum. But I will say this. At age 18 I was living in a friend of my dad's basement.

I called my dad a while back and threw some numbers at him just so he may pass a happy dad. I know I'm such a seppo.

I still have those books and the math hasn't changed. Good luck kid, but I think you will be fine. Just ignore the follow your heart bs. It's darn hard to breath underwater. ........fish

I was just thinking, atleast you are asking some questions. Wong cowd ? Mabey but smart enough to ask . Just sayen as my o2 level slips .

Thanks guys.. all your advice is much appreciated. It's got me more focused on our goal.

When we are established in Japan, you guys are welcome to visit anytime for a feed/drinks - same goes for NZ too.

Hopefully, we will be settled in by the next Rugby world cup/Olympic games which are both held in Japan (if I am not mistaken)...

I'm sure some of you will be in Japan then for those events - we will put on a mean BBQ Kiwi/Japanese style food and heaps of Asahi/Sapporo beer, for any TD member that wish to join.

Originally Posted by fishlocker

Don't Don't Don't be an absentee land lord.

May work for 57 but I wouldn't do it. His gaff is paid off so If they fuck him off he ain't in a world of hurt.

Just might have to evict the tenants if they lose their ability to pay. That takes time and money. Just say-en.

Na, Don't worry about that shit mate. I have always managed my own real estate and never ever had a Renter miss a payment or damage my property.

The thing is to Vet the Tenant first and check out the references. No drama.

The other thing is to always have Renters Insurance so in the off chance you get fuked over by the Tenant the Insurance company gets their scank arse out, covers the rent and any damage. No problem what so ever. Insurance is $ 250 nothing.

I have now fuked of my tenant and given my Gaff over to my good mate of 40 years, it's all good in 57 Ville.

You just need to work shit out.

Originally Posted by Neo

Originally Posted by terry57

Owning ones own house in the real world is certainly a winning thing.

That does depend on what time and at what price you buy into the market though.

The thing about real estate is that you enter the market when young, I bought my first Gaff at age 24.

If Dick buys now one thing is certain, when he is a crusty old cont like us he may just own it and for sure it will be worth a lot more coin.

It's the way of the world, real-estate may fall but will surely rise again and keep on powering on.

He is still young so he must get into it now.

Buying houses and expecting to make good money when one is older is defiantly not a good policy unless one has a crystal ball and can time it exactly when real estate jumps again.

You guys are not old!, Terry is 57 - that's my mum's age and she is the happiest I've ever seen her...

To be honest, I'm envious of Terror, he's still young enough to enjoy life, has good health (most of his marbles) and most importantly is financially independent living the dream in Toyland...

Good on you guys, you worked hard - made the right choices and now can enjoy the fruits of your labor...

I just hope I can learn from you so that I can be at a similar level later on in life...


*What ya reckon about those pads above? not a bad gaff for 300k no?

hi dick, always good to read your posts mate. u come across as intelligent and humble. my guess is you'll make it. dont sweat it. it doesn't come over night. there are a few good advisers answered your post. they all need to speak with you personally to advise better. my take, well i made my money in housing, but i was able to renovate build and maintain, easy for me. in later life, i only wish i'd gotten into share dealing at a younger age. its not rocket science and now is a good time to get in. the markets are only shit for those of us that are in already in. as 57 states , to own your own pad is the first move in my book. living rent free is, the dogs bollocks, makes life and your earnings go a lot further, thus picks up the speed of your investing. renting out property can be very dodgy, a lot of good luck is the main asset. taking all equations into account , i think the world average income from rented prop is in the region of 6% . with the down turn in shares as a new investor you may pick up shares paying div's of 8% or more plus u can get the money out easier than trying to sell prop.
now u have to evaluate all the advise and comments to fit your aims, dont aim unrealistically, dreams ambitions etc. be lucky young man, just dont dream.

Thanks, Lob and Tiz... some good points there...

I suppose another option is buy shitty old rundown apartments in Fukuoka and renovate them for profit...remove the wallpaper, skim-coat.. paint.. tile, new kitchen, etc... sell... rinse and repeat...

It's just that property (and everything in general) is on a reasonable scale in Japan, undervalued and within our reach... Auckland prices are ridiculously overvalued...

My wife has her keen eyes on a place called Itoshima - just on the outskirts of Fukuoka city... she reckons property there is starting to get popular and in 5 - 10 years time will see good increase in value...

The smaller the apartment, the higher the yield seems to be (same as Auckland CBD apartments) I shit you not, we have seen some with well over 20% yield.

We are going to Japan in May, so will rent a car and check out that province, talk to the locals and really do our homework... if we see 1 or 2 with good yields, we may purchase them, there and then...

i like your posts and comments kiwi , so i will share with you my two cents worth .
I started with $20,000 ozzie dollars in 1997 and bought an average 3 bed brick house on a large block in a good suburb .
I lived in it for a while , carrying out basic renovations while there . An agent was engaged and the property tenanted out for a few years while i was shacked up with a woman .
When that relationship ended i returned to live there . Around 2006 extensive renovations were carried out by myself while sub division plans were drafted and permission given to build another house on the property .
Construction of the second dwelling commenced sometime in 2007 while still living in the existing property .
On completion of building , i moved into the second dwelling and re-rented out the existing dwelling . The rental income covered the mortgage repayments and i was now living rent free in a brand new home .
In the back ground , house prices continued to rise all the while this was happening . Together the properties are now worth around one million dollars .

A couple of important things to note , i was around 35 years old when all this kicked off . i have a strong back ground in construction , ie . many contacts .
In Australia and specifically Melbourne there is an imbalance in the supply and demand of housing . This imbalance will continue for many years to come .
Australia's population is growing quicker than the construction sector can accommodate .
I don't know the specifics of NZ population growth but i do know construction is focusing on the re-building of the earthquake ravaged parts of the country . This knowledge alone leads me to think NZ is in a similar position to Australia in the area of supply and demand of accommodation .

What ever you decide it will be correct for you .
Make a long term plan and stick to it .
Use your strengths to advantage .
The world does not make any more land .
I understand you are running a gang of plasterers at the moment .

dude

Kia Ora, dude... and thanks bro.

Yes, I source the work for my tilers, painters and plasterers (mainly Chinese guys).
I will try to continue to run my business remotely from Japan - just on a smaller scale.

Another poster said I should hedge my bets, so chuck down a deposit on an apartment here first - let the renters pay the mortgage... forget about it, then bugger off to Nipon and buy a couple cheapo apartments there as well...

Thing is, we can't get a mortgage in Japan until we reside there and show income for 2 years first before they'll look at us... So we are limited to cash only purchases in Japan for the first 2 years...

Of course, rent there is very cheap... around $500 per month! so it won't break the bank... + we can suss the area out first, before we buy.
It will also give us time to build up our student base as well (I will open a language school from home).

Get rid if ye bird
Get a few Bob in the bank
DON'T have kid's
Nuuff said
Good financial advice

555 hmmm... how shall I do the deed?

A. push her off the balcony?
B. poison in her coffee
C. overdose on rumpy pumpy

She's 40... I've been blasting my nut up her fanny for nearly 4 years and no kids (although we want a child)... maybe I am shooting blanks?

I think we'll just buy a cat or a dog...

(This investment thread suddenly took a wild turn) Thanks to Jimbo! 55