• Hi, I am the owner and main administrator of Styleforum. If you find the forum useful and fun, please help support it by buying through the posted links on the forum. Our main, very popular sales thread, where the latest and best sales are listed, are posted HERE

    Purchases made through some of our links earns a commission for the forum and allows us to do the work of maintaining and improving it. Finally, thanks for being a part of this community. We realize that there are many choices today on the internet, and we have all of you to thank for making Styleforum the foremost destination for discussions of menswear.
  • This site contains affiliate links for which Styleforum may be compensated.
  • We would like to welcome House of Huntington as an official Affiliate Vendor. Shop past season Drake's, Nigel Cabourn, Private White V.C. and other menswear luxury brands at exceptional prices below retail. Please visit the Houise of Huntington thread and welcome them to the forum.

  • STYLE. COMMUNITY. GREAT CLOTHING.

    Bored of counting likes on social networks? At Styleforum, you’ll find rousing discussions that go beyond strings of emojis.

    Click Here to join Styleforum's thousands of style enthusiasts today!

    Styleforum is supported in part by commission earning affiliate links sitewide. Please support us by using them. You may learn more here.

Australian Members

Status
Not open for further replies.

Petepan

Distinguished Member
Joined
Apr 27, 2012
Messages
1,604
Reaction score
492
A house/apartment you live in is not an investment. It is to provide shelter. Not just physically, but also emotionally. The mental stability and the forced savings via repayments will manifest itself several years later, with different benefits to different people.

It is NOT a piggybank, nor is it a lottery ticket to a penthouse of your dreams.

If you can afford it, and factor in margin of safety for contingencies such as rises in interest rates, maintenance, and being temporarily out of a job for a few months, then buy it, live in it and enjoy it. as it will provide plenty of memories you will cherish.

Different kettle of fish if you are thinking of buying property as an investment/speculation.

Most people confuse the two.
 

tobiasj

Distinguished Member
Joined
Dec 6, 2010
Messages
1,539
Reaction score
148
"99% of the time people that rent never invest the difference between rent and mortgage" -- yes, very true.
 

Journeyman

Distinguished Member
Joined
Mar 29, 2005
Messages
7,963
Reaction score
3,435

Generally the finer the stripe and thicker and more textured the weave the more toward business/formal wear although not always if its an English business style striped shirt with French cuffs.


Eh? I would have thought the opposite, although I could wrong.
Wouldn't it be the case that the finer and less textured the weave, the more formal/businesslike the fabric?
 

Prince of Paisley

Distinguished Member
Joined
Jan 28, 2009
Messages
4,502
Reaction score
4,181

I'd be just a tiny bit surprised if Robinsons had a St Pat's Day sale seeing they are in NI and prices in GBP not EU.

I also didn't see any of their shoe models named The De Valera Suede Wolf Tone, or the Micheal Collins Country Brogue.
I'm waiting for them to bring out Black & Tan spectators.
 

CHECKstar

Senior Member
Joined
Mar 29, 2010
Messages
666
Reaction score
23

The point, there is no way you could save 50k in cash in the same period unless possibly living with mum and dad and not having a life.


Really what you’re advocating is gearing up as a way to get higher returns. There is nothing wrong with this, but you could get similar results or potentially even better results by gearing up to purchase other types of investments, eg shares (especially recently). The key advantage to gearing up with property is that in Australia, banks are willing to lend much more against your equity for such purchases (be it a deposit, or equity in an existing property). While the most you will get as security against shares is 75% in say a margin lending account, most banks will be willing to lend you $4 for every $1 in equity you have. That give the borrower massive leverage, which allows for the type of returns you mention. That said, it’s based on the idea that prices are always going upAgain, nothing wrong with that, I myself have benefited from this effect. . There is always the old argument that “you can’t live in your share portfolio”, which does have some merit especially for your first home purchase.

But enough about mortgages. I'm looking at getting some new shirts, what do people think are the most versatile colours/patterns for a shirt that can be worn both to work and more casually? I'm thinking fine stripes would be a good start:

http://luxire.com/collections/all-sorted-by-price-low-to-high/products/white-blue-pinstripe

(Or is that too formal for weekend wear?)


I'd say too formal. I'd side with a thinker stripe for formal/casual versatility.

Oh, and PS, I'll be at the Kimber launch next week for sure!
 

Geoffrey Firmin

Distinguished Member
Joined
Dec 4, 2010
Messages
8,592
Reaction score
4,128

A house/apartment you live in is not an investment. It is to provide shelter. Not just physically, but also emotionally. The mental stability and the forced savings via repayments will manifest itself several years later, with different benefits to different people.

It is NOT a piggybank, nor is it a lottery ticket to a penthouse of your dreams.

If you can afford it, and factor in margin of safety for contingencies such as rises in interest rates, maintenance, and being temporarily out of a job for a few months, then buy it, live in it and enjoy it. as it will provide plenty of memories you will cherish.

Different kettle of fish if you are thinking of buying property as an investment/speculation.

Most people confuse the two.


Totaly agree, great social tradegy when a house became a line of credit instead of a home.
 

thebrownman

Distinguished Member
Joined
Sep 6, 2009
Messages
2,010
Reaction score
773
So much finance speak.

I just ******* love the menswear. Where are all the ties for my Tuesday?
 

Prince of Paisley

Distinguished Member
Joined
Jan 28, 2009
Messages
4,502
Reaction score
4,181

I'd say too formal. I'd side with a thinker stripe for formal/casual versatility.

700
 

Petepan

Distinguished Member
Joined
Apr 27, 2012
Messages
1,604
Reaction score
492
The point, there is no way you could save 50k in cash in the same period unless possibly living with mum and dad and not having a life.
Sorry, I beg to differ. $50k in 18 months you say? Well the missus and I did it just under 18 months, with combined incomes barely touching $100k, and paying rent to boot (for a shoebox 1 bedroom). It was not luxurious living during that time, but we got by. And that was after tax income. We were socking away $3000 every month. We did not buy **** we did not need, we took cheap driving holidays and stayed at cheap motels, we eat stuff that was on sale and in season, no fancy dinners, etc I think you get the drift.

There is an opportunity costs to everything, including the costs of "having a life". In everyday parlance, you cannot have everything.
 

Henry Carter

Distinguished Member
Joined
Oct 27, 2009
Messages
4,471
Reaction score
4,218
Fair enough, note though my experience was when I was single, living by myself. Actually I lie, I was with my now wife, but living by myself which is even more expensive than being single and living by yourself. In the same set of circumstances, I couldn't see it happening without a second income but in yours then sure thing. But I see what you mean, I was just writing from my circumstances at the time.
 
Last edited:

Petepan

Distinguished Member
Joined
Apr 27, 2012
Messages
1,604
Reaction score
492
Fair enough, note though my experience was when I was single, living by myself. Actually I lie, I was with my now wife, but living by myself which is even more expensive than being single and living by yourself. In the same set of circumstances, I couldn't see it happening without a second income but in yours then sure thing. But I see what you mean, I was just writing from my circumstances at the time.
Yes, I understand. We were married by then. I suppose it would be different if it was bachelor me and single her both living apart and dating. Different circumstances.
 

fxh

Distinguished Member
Joined
Jan 9, 2010
Messages
5,153
Reaction score
1,716

Generally the finer the stripe and thicker and more textured the weave the more toward business/formal wear although not always if its an English business style striped shirt with French cuffs.


Eh? I would have thought the opposite, although I could wrong.
Wouldn't it be the case that the finer and less textured the weave, the more formal/businesslike the fabric?


Yeah yeah - I know what I meant but its not what I typed.

I meant the more thicker and textured the more casual/relaxed etc
 
Status
Not open for further replies.

Featured Sponsor

How important is full vs half canvas to you for heavier sport jackets?

  • Definitely full canvas only

    Votes: 45 40.5%
  • Half canvas is fine

    Votes: 44 39.6%
  • Really don't care

    Votes: 5 4.5%
  • Depends on fabric

    Votes: 18 16.2%
  • Depends on price

    Votes: 25 22.5%

Forum statistics

Threads
504,422
Messages
10,573,923
Members
223,687
Latest member
corcelleglauru
Top