Stock Investment Advice | Property Investing | FOREX
Share Market Investment Advice with Paul Nojin
Paul began as a trader and completed the graduate program with globally acclaimed investment bank, Bankers Trust. In 2000 Paul founded Marketmad.com, followed by Invest4Profit and currently the highly successful The Super Investor. Paul developed 'Key Levels', a maths based approach to timing the market both in entries and exits. Paul was the clear winner of Australia's Money Magazine's Battle Of The Tipsters, notable as it ran during the last declining (bear) market - i.e. in the year to April 2003. He beat Fat Prophets by 16%, 37% ahead of InvestorWeb's team and beat the ASX 200 by 18%. For more - see Money's May 2003 issue. Paul's been published in magazines including Your Trading Edge and Traders World, and was a regular columnist in the Sun-Herald newspaper. Paul is also fully licensed to provide investment advice in both Australia and United States, a very rare accomplishment and is highly respected in the Financial Services Industry. More Investment Advice
Now Here...The TOTAL Share Market Solution for all Long Term Investors
Property Investment Advice with Steve McKnight
PropertyInvesting.com is the home of Positive Cashflow property investing and Steve is your man! A highly respected author of $1,000,000 in Property in One Year and others as well as a lecturer in using correct property investing strategies. Do you want the latest practical tips, strategies and insights to boost your property profits? Discover the many proven ways you can use real estate to build wealth. Join their community of over 42,000 people and subscribe to the FREE "Property Insider" monthly newsletter. More Property Investing Advice
Simple Formula For Calculating Selling Price For a renovation to be profitable you must add a margin on every dollar of cost you spend. This margin must cover purchase and sale costs, interest, loan establishment fees as well as delivering your desired profit too. A handy formula for cost estimation on reno projects to calculate the desired selling price that you'll need to achieve a 10% target profit from a renovation project. The formula is: Desired Selling Price = Unrenovated Purchase Price x 1.33 So if you had a property that you purchased for $200K, and your desired profit was $20K, the numbers would be: Desired Selling Price = $200K x 1.33 = $266K Therefore, you'd need to sell your final renovated property for $66K more than you paid for it to achieve a target profit of $20K (or 10% of the purchase price). To understand this formula, let's break down the $66K:
- $10K (or 5%) would be swallowed up in acquisition costs (stamp duty, legals, etc.)
- $20K (or 10%) would be budgeted for the actual costs of renovation
- $8K (or 4%) would represent your holding costs (for interest costs, rates and utilities)
- $8K (or 4%) would be lost in agents fees and legals upon selling.
- And finally... the remaining $20K (or 10%) is what's left over for your before-tax profit for doing all the hard work in the deal! More Property Investing Advice
Disclaimer:
Park Avenue Consulting provides the material on this web site for informational/educational purposes. Investments and investing strategies are personal, conditional on many factors. No mention of a particular security on this site constitutes a recommendation to readers to buy, sell or hold that security. No discussion or evaluation of any particular investing strategy on this site constitutes a recommendation to readers to employ the strategy. Readers are responsible for their own investment research and decisions.
Send any comments and questions by email to our
Previous page: Money Risk Management JBL Risk Manager (JBL RM) FAQ
Next page: Currency Converter | FOREX Trading | Currency Report