Vic Wasteland Thread

[dezz]

Lol was just wanting to see how someone that had to pay for a holiday with a credit card, has a vested interest in anything

[alr33x]

i'm sure all his money is tied up in awesome investments returning 15%

[llama_au]

Yeh but those days autosalon was all the rage like I said I'm not knocking your event work commitments dictate why I can't attend in most cases

I only ever entered Autosalon 2006, even got a trophy for my efforts which I had never expected. Was a great weekend

[alr33x]

yeh i got nothing against autosalon, back then it was pretty good just $25 entry was steep

but shit they use to have a linethe length of the exhibition centre! was crazy

[R31Nismoid]

Lol was just wanting to see how someone that had to pay for a holiday with a credit card, has a vested interest in anything

You cannot be serious...

i'm sure all his money is tied up in awesome investments returning 15%

15% over 5 years?

One of mine made 30% today alone actually. I mean it's only on $1000 but hell, $300 for doing nothing other than making a good decision I'll take any day of the week!

Next year should make a good 35% on a much larger sum. That'll be nice

[alr33x]

yeh a work colleague's mate is a financial planner / broker what ever you call it..

his company, managed fund returned couple hunder % over 5 years, only downside minimum investment is $250k.. got a mention in major publications to cos of outstanding results will get name and report back for credibility sake.

spose you know your doing ok when you buy an amg merc and a spare one so you got someone to cruise with

[llama_au]

yeh i got nothing against autosalon, back then it was pretty good just $25 entry was steep

but shit they use to have a linethe length of the exhibition centre! was crazy

I miss those days. For all the crap Autosalon got I loved attending the show and reading the magazine. Hell I've even been to Japan twice for Tokyo Autosalon. On that note 2009 was brilliant, 2010 was smaller and disappointing - too many trader stands and not as many cars. You could see it going downhill even over there.

I know there's no point in dwelling on the past but the car scene was it's best in Australia (in my driving life at least) between 2002-2006, then people got less and less interested. Huge 400 cars meets, mega cruises, great atmosphere and people, minimal police attention. Those were the days, wish I could go back

[alr33x]

yeh agree got my first 33 about 6 years ago had it for about 2 years was awesome got pulled over but never gor defected and yeh huge meets

[R31Nismoid]

yeh a work colleague's mate is a financial planner / broker what ever you call it..

his company, managed fund returned couple hunder % over 5 years, only downside minimum investment is $250k.. got a mention in major publications to cos of outstanding results will get name and report back for credibility sake.

spose you know your doing ok when you buy an amg merc and a spare one so you got someone to cruise with

I don't doubt that for a second given what I've been involved with & seen over the past 6 months.

Only issue as you said, is the initial funding to make it.

As they say, money makes money hehe. But hell work on various things now, in 5-10 years of getting a safe and reasonably 30-50% on anything will work. Provided nothing goes south which like anything is always possible.

[JEPPE]

Check this out guys, predominantly American but incredible all the same.

Most Powerful Photos of 2011

[llama_au]

I'm about to list said car that I won that trophy in for sale, I've owned the car for 9 years now. Makes me a bit sad, so many good and bad memories in that car and it's probably the most recognisable of it's model in the world now as it's been plastered all over the net. Shame I had to part it and make it a lot more stock to recoup any money, it's nothing like it was, only cosmetically similar to how it was now.

[alr33x]

nothing truer ash than money makes money, just released today (not suprising in any way) but high income earners are now earning more of the total wealth than ever before 8% i think it was..

yeh juliette nothign but lost money cars, but you do it for the love.. at least i think thats why

[llama_au]

Yep, no capital gain in modifying the average modern car. That love fades eventually though.

Night world.

[alr33x]

pretty amazing pictures there - what an aweful year 2011 has been eh, a lot of people will be happy to put it behind them i dare say

[alr33x]

this seems fair awesome to me

http://www.ebay.com.au/itm/DATSUN-KHGC110-240K-COUPE-/320806849392?pt=AU_Cars&hash=item4ab1940b70

[Birds]

One of mine made 30% today alone actually. I mean it's only on $1000 but hell, $300 for doing nothing other than making a good decision I'll take any day of the week!

Good work

Nothing like free money that you earned "easily". The fastest return I pulled off was $200 in 10 minutes, was a lucky day trade of bluechip shares. But you might as well be playing blackjack at the casino doing that shit, as fun as it is. Investments are educated gambling and you can only ever swing odds in your favour with how much you know.

The most satisfying was $800 overnight when the company I invested in got a loan extension approval instead of defaulting. I had my suspicions it would be extended

Then the GFC hit!

[alr33x]

can still make money on the sharemarket just need the right advice / need to know what your doing but not a good time for amateurs i'd guess

[R31Nismoid]

Indeed it is educated gambling, mainly with information - of which a lot you cannot control.

With things like calls/puts etc you can cover yourself in some instances. Friend of mine has been involved in this over the past few years havily and now it is his day job. I've learnt so much the past 6 months my brain hurts more than normal... As are a few mates who are also learning fast.

But then I'm buying/selling is very conservative amounts compared to the 7 figures my mate is working with.

Especially while i learn & understand it all. Nothing I cannot afford to lose, and at least I'm doing something constructive (arguably if money is lost, but lessons are learnt none the less).

With all the financial turmoil it's been a good eye opener to watch a lot of it as well, some great buys lately.

[R31Nismoid]

can still make money on the sharemarket just need the right advice / need to know what your doing but not a good time for amateurs i'd guess

I'd say it's been a great time.

While prices are up/down a heap on any given day it's been good to see how things do/dont affect others and what not.

How Gold is where people run to, how S&P rating yesterday had no effect etc.

Just soaking it all up. Help the advice thats coming in though, some high level stuff from some of those high up in the business of it all, lot I have NO clue about - but one gets there slowly.

[Birds]

Even the pros get f**ked up in this day and age. For every successful investment story you hear about there's at least another that doesn't go so well. And too many guys attributing all their success to skill, when luck is half of it and someone has to come out on top. I remember all the cunts who were going on about how they predicted the GFC etc. didnt hear a peep from them before it happened!