Archive for October, 2009
Real Estate Investment Does Not Have To Be Difficult »
Recently I read an article by a well known property expert recently who stated that you should not be investing in Real Estate unless it had a 10% Net Yield. (Forget about anything at the Mount then) Another very well known author stated that you should only invest in anything for the yield and if you expect anything else you are not an [...]
Very Interesting Ruling »
In the Wednesday ruling, Justice Keith Long reaffirmed his March ruling that invalidated two Springfield foreclosures. After the mortgages had been spun through Wall Street and turned into exotic "mortgage backed securities," Long ruled, the foreclosing lenders, U.S. Bank and Wells Fargo, couldn't legally prove they actually owned the mortgages in [...]
The Law of Saving »
The following article was sent to me by Brian Tracey with his permission to reproduce here at NZPIS. As an author who I enjoy and admire (I just about have every one of his books and CDs) I was happy to reproduce it here. The Law of Saving By: Brian Tracy Financial freedom comes to the person who saves ten percent or more of his income [...]
Some Head Lines From The Week In Finance »
Westpac ordered to pay $ 918m - Westpac has been ordered to pay $918 million after the Auckland High Court dismissed its challenge against the Commissioner of Inland Revenue over a tax avoidance bill. ANZ Bank reviews after Westpac loss - Australia & New Zealand Banking Group is reviewing its legal strategy in light of yesterday's [...]
Time To Invest In Real Estate »
An interesting article that came across my desk today; I say interesting because this has come out a day after the RBA increased the official cash rate. I have also posted this on my Real Estate Site in case you are getting a sense of Deja Vu It reminds a little of a comment someone made in a blog I was reading which made me cringe, the guy [...]
The True Cost of Stay-at-Home Parents »
Just because a stay-at-home parent doesn’t earn a salary, it doesn’t mean it wouldn’t hurt their family financially if they were to pass away. In fact, the site www.msn.com puts the value of a homemaker at just under NZ$50,000 per annum! So what would happen if this key person in your home were to pass away? Some of the key costs that [...]
Interesting Figures »
* 7112 people have bought and sold three or more properties over the past four years. * 5112 people have bought and sold three to five properties. * 2000 people have bought and sold six or more properties. * 312 people have bought and sold 20 or more properties. IRD estimates $214 million in tax could be due from people with six or more [...]
