The rich get richer

[heuristics]

I saw a new company Global Ethanol Holdings was about to list on the Australian Stock Exchange.
I only own some crummy T2 (Telstra) shares, but thought this might be a good company and a good time to try and invest in a Post Peak Oil world.
Forgive my naivety, those who are more worldly than me.....
Praise be to Google, I found the brokers who I needed to ring to buy a few shares.
I discovered the IPO (initial public offering) wasnt actually being offered to “the public”.
You had to be a professional or “sophisticated” investor.
I also leant that a “minimum” investment would be at least $250,000.

Right.

There's no guarantees in this world, but I was prepared to take the gamble that a new ethanol company might be a good one to invest in.
I guess the “clever money” have the same hunch, so they are keeping the game to themselves.

It was the same with when they were going to sell the Snowy a few months back. Macquarie Bank and “institutional” investors already had the inside track.

(NOT that I wanted the Snowy sold – quite the opposite).

I guess I will continue to satisfy myself by investing in a few more fruit trees and some irrigation pipe!.

[Jim Bob]

I am sceptical of banks and stock markets. We're overdue for a 1929-style bust to match all the booms we've had. Sure, there's this story that no-one saw the 1929 crash coming... but in fact lots of people did, and got mocked.

Things that in the end are just ones and zeroes in a computer somewhere I don't want to invest in. They could be priced ten times as much tomorrow, or ten times as little. Remember the dot com boom? Remember the bust?

Plant a fruit tree, and barring natural disasters, you'll still have a fruit tree tomorrow. And natural disasters can be to some extent planned for and protected against, with levees against flooding, water tanks against droughts, cleared areas against bushfire, and so on. A collapse of the global financial system won't happen as often as natural disasters, but there's absolutely nothing you or I can do to protect against it - except to not get involved.

If you want to invest in ethanol production, perhaps I should post about my still, and you can build one... :lol:

[ecodharmamark]

G'day Everyone :)

80% of all the transactions that are conducted in the world today are based on profit-speculation; stocks, shares, currency, etc. Madness! I think I'll just continue to stick with investing my time and energy into developing sustainable living systems because when the shit hits the fan all the money, gold, and jewels in the world will be worthless.

Cheerio,

Mark.

[Ev]

I do not know your financial situation well so cannot give much advice the only thing I feel is important is too place your money somewhere that it will grow and not become worthless due to inflation etc do you have kids or grandkids you can start buying a house or land for, kids/relatives with a ethical business sense?

My money goes into my house mortgage and my business setup costs so I can do a rewarding satisfying job rather than give my talents to the planet raping fear mongering greedy shareholder driven corporation I worked for before.

I have moral/ethical dilemmas with shares and the principal of making money while you do nothing from interest; forcing borrowers it seems to cut corners rape the planet disreguard life to show a return

Ask yourself what is my money creating/causing... ? aggressive corporate growth with environmental expenses, decreased pay and increased stress for workers in monopoly type companies to pay share dividends etc

In real estate in Perth at the moment I have heard that investment buyers are forcing 1st home buyers out of the market, life is too tough for young families and bad things can come of this stress.
Do not let your money slide though choose well and it will create good things and grow
I hope I can pass my "hangup" onto others... haha

[Cornonthecob]

I have no money problems....I have no money, hence no problems!

:)

[juhill]

I have no money problems....I have no money, hence no problems!
Same here no problems!

[Tezza]

%^&* the ethanol producers......Remember the headlines a few years ago about ethanol.....

The liberals were all bying shares and spending big on manufacturing plants and deceiving the People over the investment of it by some lib big wigs..

Not sure what it was that happened ..but at the time i locked it into my memory bank...Something about all the cheap south american Suger growers being cheaper then Oz......Its the same as Canola bio fuels...

Its the super gready*&^%#$#@ being even more greadyAlgae will be the best and most profitable bio fuel.....

Weve had the figures on this board some time about 1 acre of canola giving
certain figures of litres per biofuell compared with algael bloom that can give
100s of times the amount of fuel compared to canola.......in a 1 acre dam..

Hope someone here can remember this......

Un fortunatly there is no other fuel scorce invented yet to cover our sorry asses past the next 50 years.....Unless we use the wasted methane that escapes from our Pollies asses is bottled and used...

You got money to spend put it in a safe under your bed Heretic...

Cash will last longer the banks,shares..you cant eat a share portfolio,gold bullion,ethanol,or canola oil.

Tezza

[ho-hum]

Tezza,



Un fortunatly there is no other fuel scorce invented yet to cover our sorry asses past the next 50 years.....Unless we use the wasted methane that escapes from our Pollies asses is bottled and used...


ROFLMAO that is priceless and what a fuel resource!!

floot

[heuristics]

Tezza - methane from pollie's arses - man you are an absolute bloody genius. WISH I had of thougth of that -
patent the techonology immediately

AND Ill BUY SHARES IN THAT!!!!!!!

[frosty]

heuri if you want to invest try and start a community wind farm 8) sorry ahvent time now to find links but google "Community wind farm"

there are several in th UK and they are trying to get them going in australia

we even have a small group trying to get interest here

frosty

[Tezza]

Yes I have a new bottling Plant ready to go..

Please feel free to Contact my Super sales staff...

For those who may of seen my 2 able sales personell disscussing each others
sales pitch in an Outdoor setting yesterday in Canberra

Mr iron bar Tuckey and Pooooo Bear Beazly....

Tezza

Tuckey is my beloved leader in my part of the country..

Pooh bear is also from my part of the country......

What an absolute pair of plonkers...

And Howard wants to increase the retirement ages ...

those 2 old farts will fill my petrol tank and a few of my friends..

If that is the choice we have........
:( :( :( :( :( :( :( :( :( :( :(

Tezza

[heuristics]

Yeah, Floot - a wind farm - bloody hell, the neighbours would LOVE that.

I live in an area that is being consumed by suburbia - which is why I want to permie my land to be the last bastion of what was once a thriving rural breadbasket to Sydney.

But all around me people are buying their hobby-farm acres, ("we moved here for the lifestyle" they say), but they commute hours each day in traffic queues to Sydney - and complain about anything that is genuinely agricultural that happens on the older properties that havent yet been sub-divided.

A wind farm would send them ballistic!!!! Even building a rural shed gets them upset - they dont want their views across their neighbour's acres obstructed!

[Tezza]

Hey frosty Have your group thought of Collecting all the manure nd crap from around your town....????

Please combine with a huge windmills that youll be putting up ..

Next time the uss Kitty Hawk sends a squadron over on a usuall parcel deliveryturn the windmills on to full power...

Love to see that shit hit the fans..... :lol: :lol: :lol: :lol: :lol: :lol: :lol: :lol: :lol: :lol: :lol: :lol: :lol: :lol: 8) 8) 8) 8) 8) 8) 8) 8) 8)


Tezza

[heuristics]

Tezza, you are really on form this morning - giving me a jolly laugh in my very straight and sober boring office.

cheers

[Tezza]

Thanx Heretic Actually I was pretty Down today have been for a while now..

Sometimes i wonder why Even i bother anymore.....

Keep laughing
Tezza

[heuristics]

well of course you feel down - it'll take quite some time for you to get over the shock of Lucky. You will be in grief for quite a while, even if you are not fully aware of it.

You take care of yourself too.

[frosty]

Hey frosty Have your group thought of Collecting all the manure nd crap from around your town....????

Please combine with a huge windmills that youll be putting up ..

Next time the uss Kitty Hawk sends a squadron over on a usuall parcel deliveryturn the windmills on to full power...

Love to see that shit hit the fans..... :lol: :lol: :lol: :lol: :lol: :lol: :lol: :lol: :lol: :lol: :lol: :lol: :lol: :lol: 8) 8) 8) 8) 8) 8) 8) 8) 8)


Tezza

now that idea I like :lol: :lol: :lol: shit for shits

heuristic I dont mean have a wind farm on you land I just mean invest in one ......... and you get diviends same as with the stock exchange except you actually own a share in SOMETHING real

and it is helping the environment as well

bit like you idea of investing in ethanol but minus the greedy stockmarket types

here is one site

http://www.westmill.coop/

it is hard to find anything now because you get all the shit about those wanker trendys in Denmark WA who stopped the CWF there with the help of that also wanker ian campbell

frosty

[Michaelangelica]

lder properties that havent yet been sub-divided.

A wind farm would send them ballistic!!!! Even building a rural shed gets them upset - they dont want their views across their neighbour's acres obstructed!

big suburbia
know all about it.
Until the government rates land on the IMPROVEMENTS rater than the POTENTIAL of the land this will continue to happen.

I was amazed to see Strawberry Farms next to Disneyland in Anaheim California.
I was told by my incredulous American Guests that land rates were only placed on the improvements to the land -not the land itself.
The same happens in the UK. (This is why so much UK Countryside is preserved)

We have a system that forces people off rural land and rural uses of land by rating on the potential of the land for urban/multi-story development.
A multistory hotel at Terrigal has the same rates as the fish& chip shop opposite.
Eventually the F&C shop has to go up or go under.

We need a total re-thinking of our rate system in NSW (Aust?)

Michaelangelica

[heuristics]

There was a real interesting segment on Landline this Sunday (Aug 13) about the Jamison Valley and Kiama - about how the Sydney sea and tree changers have "discovered" this area and can happily pay $2m for an old dairy property. Forcing the dairies out.
There is a real concern as this is absolute prime agricultural land, beautiful soil, and even as climate change reduces rainfall further and turns marginal Far West land even more unsuitable for agriculture, this coastal strip will still be getting good rain....
The challege is how to allow SOME residential development without locking up prime acres under concrete.
One farmer was saying he had a plan to buy the 80ha next door, use the good 60ha to add to his farm and leave the 20ha for four or five "lifestyle" blocks, but was not allowed.
The whole property was then lost to a developer,,, the dairy farmer is now wondering if he should sell as he really needed those extra hectares to stay viable...

I had thought it was only the outer fringes of Sydney that were under seige, but evidently not..

I lived in the English Lakes District for a year in the mid 80s and even way back then wondered how they kept their wonderful green acres "safe" from developers. Here, every cow paddock is a housing estate just waiting development.

A lot of big properties around here that dont (yet) have subdivision approval are marketed by the real estate agents as a "landbank" opportunity.

ie/ you have so much money you can spend $1m - $2m and just sit and wait until the local council cracks under pressure

[Michaelangelica]

http://www.getrichslowly.org/blog/
:bear: :D

[Michaelangelica]

“There is no greater sin than desire, No greater curse than discontent, No greater misfortune than wanting something for oneself. Therefore he who knows that enough is enough will always have enough.”
- Lao Tzu
http://www.whitepapers.org/features/100 ... ity-blogs/ (http://www.whitepapers.org/features/100-productivity-blogs/)
http://www.getrichslowly.org/blog/
http://zenhabits.net/
http://ririanproject.com/
:bear: