I know a guy that's bought near on $1mAUD of rather unique bikes, some
modern, others classic, but all though his super. Almost all have increased
in value whilst his property and shares have fallen through the floor.



Oh, and for what it's worth, I'd take the redundancy; you're a long time
dead.



_____

From: hondarc30ownersclub2@yahoogroups.com
[mailto:hondarc30ownersclub2@yahoogroups.com] On Behalf Of rcfirdy
Sent: Sunday, 11 January 2009 7:36 PM
To: hondarc30ownersclub2@yahoogroups.com
Subject: Re: [Honda RC30 Owner's Club ] +0.1 IS BETTER THAN -0.1



--- In hondarc30ownersclub <mailto:hondarc30ownersclub2%40yahoogroups.com>
2@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.




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