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Search: Posts Made By: geordie downunder
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Forum: Australia
Jun 3rd 2007, 2:43 pm
Replies: 128
Views: 10,112
Posted By geordie downunder

Re: $3009 (1250 GBP) average monthly mortgage

As an indication of how much you will be going against the crowd and group thinking ,a company annual report will usually give you a breakdown of who owns the company.

For ANZ bank the...
Forum: Australia
Jun 3rd 2007, 12:13 pm
Replies: 128
Views: 10,112
Posted By geordie downunder

Re: $3009 (1250 GBP) average monthly mortgage

I started in the days when banking was a highly regulated industry.You had to bank with them ,and save, for years, to prove you could pay off a mortgage. I saved the deposit for a house ($8000 I...
Forum: Australia
Jun 2nd 2007, 12:33 pm
Replies: 128
Views: 10,112
Posted By geordie downunder

Re: $3009 (1250 GBP) average monthly mortgage

I am a time served welder,but for a number of years I have worked part time as a welding inspector.The day job.

The hobby has been investing, and using leverage ,for around 30 yrs now.I now have...
Forum: Australia
Jun 2nd 2007, 11:20 am
Replies: 128
Views: 10,112
Posted By geordie downunder

Re: $3009 (1250 GBP) average monthly mortgage

If you are buying a house then you are using leverage(gearing).Say you put down a 20% deposit and borrow 80%,you are leveraged (geared) to 80% (debt/asset ratio) .Should you wish to become...
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