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I want to go to your uni so that i can be as smart as you. No wonder you can't get into ops at mac bank.

Macquarie actuarial shits on you.

tacky why did you remove your post that said you work at CBA?

Damn straight!

I'm not actually at UTS, i was wanting to contact a finance related society regarding an inter-uni competition. (i'm doing it through the econ&fin faculty instead) Thanks for the info btw freakstar

Really? Do you know how that was calculated? (fact 1.)

But gearing is always tax-deductable, regardless of the investment product. It's just that most ppl don't borrow to invest in other products. As i said before, i know nothing about property, but if property was superior to other products, then market forces would erode the prices and bring it...

Mate wtf are you talking about? Analysts work 100+ hours a week. That's 16 hours a day 6 days a week and half a day Sunday. Show me a plumber that works that hard.

Nah i really doubt they'd do that. That would be like $40k if interest you're saving. If that were the case, you could take the deal, collect 2 years worth of rent then sell it, incurring only transactions costs.

I don't know much about property investing, but i do know that the risk/reward ratio is the same in all investment products, and hence unless you're Warren Buffett or some super hedge fund manager, my analysis is still correct (aside from the tax, which we could assume to be 30%). That would...

What i actually meant was that the fact that you only have to pay $2000 does not benefit you in any way. Say the apartment is worth $200k. After your initial $2000 deposit, and the accumulation after 2 years (till 2008), your debt will have increased from $19800 to about $240k (assuming 10%...

Two words: Compound interest.

Yeh of course. I disagree, i just did the calculations, and assuming he starts work at 18 (earning 150k/year), saves 50% of his income, the risk-free rate is 6%, and his tax-rate is 48.5%, his annual income after retiring would be about 41k (and these are conservative assumptions).

Bankers (in the IB department) in their first 5 years work harder/longer than any tradesman.

Thanks. Hmm strange that there's no finance related club at UTS.

Ah ok thanks. I'm looking to organise a comp with some of the other unis.

Hahah good old 1st year micro. It doesn't mean we're producing more than we're importing, it means that we're exporting more than we're importing. Why is that bad? There's some talk in this thread about lower unemploment rates being good, but that isn't the case. Low unemployment...

Hey guys, just wondering whether anyone has the contact details for anyone on FinSoc? I checked out the website but apparently noone checks the email that the "contact us" form sends to. Any info would be much appreciated.

Hi guys, are there any commerce or finance societies at UTS? If so, can you give me a website or some contact details? Any info is much appreciated.

No matter how easy mktg101 is, i guarantee you'll be able to get a better mark with less time in ECON141. You'll easily be able to get a HD without going to a class all semester (and without looking at any of the material), and studying only 2 days before the exam. (this is no exagerration)