Perth-WRX.com  

Go Back   Perth-WRX.com > Off Topic Discussions > Non-WRX Discussion
Register Diddy Kart ArticlesAll AlbumsBlogs FAQ Community Calendar Today's Posts Search


Welcome to Perth-WRX, click here to register!

Reply
 
LinkBack Thread Tools Display Modes
  #21  
Old 04-01-2008, 04:44 PM
waxdass's Avatar
Perth WRX Old Skool Cool Dude
Member
 
Join Date: Jul 2005
Location: Macedonia
Posts: 3,027
Thanks: 1
Thanked 2 Times in 1 Post
waxdass at standard level
Send a message via MSN to waxdass
Default

sorting out a BSN right now. thanks~!
Reply With Quote
  #22  
Old 07-01-2008, 09:50 PM
maddog's Avatar
STI Master
Member
 
Join Date: Jul 2005
Location: Canberra
Posts: 771
Thanks: 0
Thanked 2 Times in 2 Posts
maddog at standard level
Default

Everyone will give you advice on what to do with your money, very few are qualified to do so. Here is my unqualified personal opinion:

Negative gearing is for losers...your still only claiming back a portion of what you spent. Deal with it...

Positive gearing is where it's at, borrowing money to make more. Who gives a toss if you pay a fair share of tax after you make a shit load of profit? Then look at minimising your taxation, not committing fraud Investigate gearing or leveraged investments, it's a lot more proactive method of wealth creation than trying to dodge a bit of Tax.

Positive gearing can be achieved with shares or property, whatever your more comfortable with. Land is more difficult as there is no immediate income stream. A lot depends on your personal risk profile, so seek relative advice from your accountant or a trusted qualified financial adviser.
__________________
Speak to Shane @ SMC Tyres, Unit 6/385 Sevenoaks St Beckenham WA 6107. Mobile 0413 128 087. Tell him Maddog sent you!
Reply With Quote
Reply

Tags
questions, super, tax


Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are On
Pingbacks are On
Refbacks are On




Welcome to Perth-WRX, click here to register!

All times are GMT +8. The time now is 10:39 PM.


Powered by vBulletin® Version 3.8.9
Copyright ©2000 - 2024, vBulletin Solutions, Inc.
Content Relevant URLs by vBSEO