Forum Archive Index - February 2004

["Allan Potts" <ajp7079@excite.com>]

Hi Allan,

>From the only other Allan on the planet, who spells his name correctly, thank 
>you for taking the time to read my post re the misleading diatribe.

As an aside the candidate you cited in your post is Ross Perot.

Thanks mate for the consideration.

Allan




 --- On Sat 01/31, Russell < allanrussell90@hotmail.com > wrote:
From: Russell [mailto: allanrussell90@hotmail.com]
To: sharechat@sharechat.co.nz
Date: Sun, 1 Feb 2004 16:19:55 +1300
Subject: Re: [sharechat] Property vs shares

Yes I read it, I generally read everything, however rarely contribute, as 
I<br>feel Im learning.<br>I also read the first post re Mr Bush, and comon 
decency dictates that<br>haveing listened to one side of an argument, 
especially if a reputation is<br>at stake, you will listen to the other 
side.<br>I do feel re American presidents [or any other world leaders] that 
you<br>cannot get there and be a boy scout, or have the past of one.<br>Mr Ross 
Periot [I hope I have that that right] who ran some years ago<br>against Mr 
Bush Snr, I felt " had the makeings" but was to thin skinned.<br>I dont think 
he had a chance however, but people like him can change things<br>just buy 
being there.<br>We have it in New Zealand where a major party, will steal a 
minior parties<br>policy once it has been sold and has legs.<br>I digress 
however, we do appreciate the effort that goes into your [and all]<br>posts and 
research.<br>Many thanks<br>Allan.<br><br>----- Original Message ----- 
<br>From: Cristine Kerr<br>To: sharechat@sharechat.co.nz<br>Sent: Thursday, 
January 29, 2004 9:30 PM<br>Subject: Re: [sharechat] Property vs 
shares<br><br><br>Sorry Allan.<br><br>I have developed a very quick delete 
manoeuvre.<br><br>Regards,<br>Cris<br>----- Original Message ----- <br>From: 
Allan Potts<br>To: sharechat@sharechat.co.nz<br>Sent: Thursday, January 29, 
2004 5:25 PM<br>Subject: [sharechat] Property vs shares<br><br><br><br>Dear Mr. 
Thomas,<br><br>I'll be happy to put in my two cents worth.  Prior to that, I 
should<br>probably give you some background on my real property experience, so 
you can<br>gage the validity of the two cents worth.<br><br>I started to invest 
in real property in my early 20s, as a complete novice,<br>in order to 
supplement my working income.  Much later on in life, after I<br>had made some 
very good money in these real property investments, I obtained<br>a real estate 
salesman's license, later on a real estate brokers license and<br>after not 
doing so well at that took up real estate appraisal.<br><br>I eventually was 
awarded the MAI designation in real property appraisal<br>where I was deemed 
qualified to appraise just about any   property from real<br>property easements 
to skyscrapers.  I did both and many in between and<br>retired at the age of 
55.  The MAI designation is considered to be the<br>highest real estate 
appraisal designation in the U.S.  Equivalent to the CPA<br>in accounting and   
perhaps similar to your Royal Chartered Valuers (as I<br>understand 
it)<br><br>OK, having said that, my experience has been that you can make the 
most<br>money by buying and managing the real property yourself, providing you 
have<br>a flair for it and are willing to work hard at it as almost a second 
job.  I<br>did very well at it and count my real  property investments as the 
best<br>investments I've ever made.<br><br>Now however, since I'm retired and 
we do much traveling and I've limited<br>myself to real property shares.  
Nowhere near as much money, however,<br>freedom to travel, less headaches, 
aggravation, government interference and<br>day to day bother.<br><br>Another 
option, which frankly I've never pursued, is to find a very<br>competent and 
honest broker to manage your  properties I'm thinking 
of<br>commercial/industrial here)  Since I've also spent a lifetime in the 
share<br>markets and all during that time found only one share broker who know 
what<br>he was doing, I don't know how successful this option might be.  No 
opinion<br>one way or another  on this, but certainly an option to be 
considered.<br><br>Good luck to you in you real property investments, no matter 
which way you<br>choose to go.<br><br>As an aside, did anyone read my 
"Misleading hit piece on George W"  post or<br>did the supposed attachment, 
which really wasn't an attachment scare you off<br>from opening it?  It 
actually was not an attachment took me 3 hours to<br>produce and was indeed 
safe.<br><br>Allan<br><br><br><br><br>_______________________________________________<br>Join
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