If this is true , don't you think she has left it a bit late , to make a coria change , and if so who is going to give an 85 year old a job , CV. will say experience cleaner all my life ,but I do have a degree !!..Quote:
Originally Posted by Tombie
Printable View
If this is true , don't you think she has left it a bit late , to make a coria change , and if so who is going to give an 85 year old a job , CV. will say experience cleaner all my life ,but I do have a degree !!..Quote:
Originally Posted by Tombie
There are two reasons for negative gearing. The government is trying to encourage people to become self funded in retirement, as there can't be pensions in the future.Quote:
Originally Posted by Eevo
The second is that there is a shortage of rental housing, and if the private sector does not invest, the government would have to do it, which they don't want to, as we all know that governments aren't very good at managing things
This is why it is highly unlikely that negative gearing will be abolished
I agree 100% with you on this one ,all through my schooldays , plus collage I like many others were never taught about any form of finance and its control , I have also advocated that schools should put at least basic financial education on the curriculum , as I feel It is an important life skill .!!..Quote:
Originally Posted by BigJon
your lucky , you had it easy I had to work for a $1 a day ,then pay the boss $1.50 back because he was good enough to give me a job , but then my fortunes changed I found a $1 brought a scratchy and won $10 and brought a loto ticket and WON $25,000,000 so now I don't give him the $1.50 I work for nothing because I'm a good bloke !!..I've always been a ball****er ....Quote:
Originally Posted by VladTepes
Many people don't pursue higher education to enhance their career. Some just like to study. Some are professional students. I suspect the lady in this story wanted the life experience.Quote:
Originally Posted by jimr1
When you look back at Kerry Packer , his wealth didn't bring him good health ,far from it . Looking at his story I don't think It even brought him happiness . Did he ever get to see grandchildren ? life is a very preciouses gift , some people never learn how to appreciate it !!..Quote:
Originally Posted by Chucaro
money cant buy happiness, but it can buy a yatcht big enough to park up next to it :D
I agree with you, money for me it is not important, health and clean conscience to be able to sleep in peace in wealth for me.Quote:
Originally Posted by jimr1
My wealth is to have a happy and healthy family and enjoy good quality time with them.
In the case of Packer wealth did not brought bad health, for sure if he was poor still will be sick.
When a person is sick it is nice to have enough money to be comfortable and have good medical attention. :)
I'll consider myself rich when i can finally get out of the casual, contract sector and into permanent [ full part or job share] work. I feel a certain amount of envy for those collecting benifits. At least they know where the next dollar is coming from and if smart budget accordingly. Lurching about from a bit here to a bit there is not a life or a future. Soon I will start considering the selling of my car as the costs are outweighing the income of late. But then hamstrung by the proviso of needing a car to be on the agency books. Time to call the agency again to let them know Im alive and another troll through seek. Living the dream :)
A lot of people complain about negative gearing when all its doing is lowering the cost of rent. They all like to ignore the reality of successive gov'ts from both sides releasing insufficient land to cope with population growth. This has occurred for over 15 years where the state's have been between 10-20% short of the actual lots needed to cope with population growth. The correct effect is to drive up land prices. This in turn creates the drive to build bigger houses as it looks stupid to pay $500k+ for a nice block and then put a $180k 3 bedroom house On it. You simply won't get the return on your investment, whereas you spend $300k on a mcmansion and it will grow in value faster.
I live and luckily work in the Illawarra but a few facts, over 60% of houses sold north of corrrimal are to a person moving from Sydney, around 30-40% in shellharbours estate are the same. Over 20,000 people commute from down here to Sydney to work daily and the central coast is the same, areas where 15 years ago you could buy a block from 50-100k are now $200-450k for the same size block.