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Thread: investment question!

  1. #21
    Email problem Karenwhe's Avatar
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    Quote Originally Posted by Dave A View Post
    Wierd, both links work now.
    You'd think with the security that AMS is supposed to have kept in trust, there'd be adequate reserves to meet the bond instalments
    My personal opinion is = no.

  2. #22
    Site Caretaker Dave A's Avatar
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    No - they didn't keep the money aside in case of default, or no - 10% of the bond as reserve was not enough?

  3. #23
    Email problem Karenwhe's Avatar
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    Sorry Dave, yesterday I was rushing out to a meeting so I made a quick post.

    In my opinion, I don't think they kept the money and it is also possible that it is a compound problem that the reserves were not planned to be enough in a real bad case scenario. More like planned for a mild case scenario, but when the bad case scenario came the reserves were not enough.

    Also I did see in other cases when stuff like this happens usually one observes that reserves have been used for other stuff and depleted.

    When a company like this goes down, it is usually a compound problem. I believe that if it was not - they would have gotten out of a small mess easily without hitting the media and an investigation.

    This of course if my opinion and I don't deal with these people at any level.

  4. #24
    Site Caretaker Dave A's Avatar
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    Quote Originally Posted by Karenwhe View Post
    This of course if my opinion and I don't deal with these people at any level.
    Maybe, but it makes sense.

  5. #25
    Full Member Moneymaker's Avatar
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    Quote Originally Posted by Chatmaster View Post
    I wish I can one day understand how you can make money buying a property you eventually pay double or tipple for, sigh. My head is just to flat for this...
    You have to start somewhere, and it all starts with your belief system.....

    Do you believe cashflow + properties exist?

    Do you believe there's a world of opportunity out there and you're entitled to your share?

    Do you believe YOU CAN DO IT?

    Do you have a PLAN to do it?


    Once this is all in place - it happens almost by second nature........

  6. #26
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    Hi Karen

    Do you still have Mark's no and email.
    Thanks

  7. #27
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    Quote Originally Posted by raf View Post
    if you had R400 000 from a previous propery would you

    invest the whole amount into your new property to keep the repayment low or invest the the whole amount in a investment and use the monthly interest
    to pay some of your new bond...or just invest the whole amount in a long term equity for 15 to 20 years. alternatively

    buy a small bachlor flat cash and use the monthly income to put into your new bond or sell it later for a profit or buy a small business.

    any suggestions ?
    Well, if it was me(as in you, I have paid off my mortgage) (and I am no financial advisor!), I would put R300k in your mortgage and chuck 100k into the stock market (a good 25k in Capitec), the rest in blue chips with decent dividends...no tax!

    Why? Because it's easy! (and I am a lazy investor!)

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