--- In hondarc30ownersclub2@yahoogroups.com, "Maurice Rissman"
<maurice@...> wrote:
Mortgage to rent ratio is so encouraging that it may even temp
> you to become one of us :-)

i'm not sure if your suggesting that i'm a renter,or a property
investor.in any case,i'm onto my second house now which i own
outright.i'm 42 years old,married,with no dependants.life is flowing
along just nicely.we are both content,and although our jobs would
appear to us to be "recession proof",if i lost my job,it would probably
be a blessing in disguise.if only to prompt me to do something i would
be really passionate about,without relying on income.they owe me about
80 grand in redundancy money.i've worked hard over the last 10 years to
eliminate debt,and i think that personal policy has been fruitful.my
only frivilous purchase has been the RC30,which i have no regrets about
buying...or selling if the prices keep going up.

an acquaintance of mine has been purchasing motorcycles by accessing
his superannuation!!apparently,under the new "self-manage"super
annuation legislation,you can purchase "collectable" cars and
motorcycles.they need to be verified as a collectable
investment,insured,stored,but not registered or used in any
way.bizzare!!
he has a couple of tri-colour 851's and now has a 1985 mike hailwood in
exceptional condition.i think he really wanted a V4 DUCATI,but didnt
have enough in his fund.obviously he is a ducatisti.

some people talk about speculators buying bikes for the future.now the
government encourages it!!! gotta say though,i dont think it's for me.