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 545Likes
10-11-2008, 07:00 AM
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Senior Club Cobra Member
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Join Date: Feb 2006
Location: Rowlett,
TX
Cobra Make, Engine: Hurricane Motorsports; KC408w: 546HP/ 553TQ
Posts: 1,164
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Not Ranked
Hope your browser can open this Quicktime .mov link
Quote:
Originally Posted by BMK
jshel1
Welcome over here.
Yes spent some good times with Jay, John and Kristen.
Damn that Cobra of Johns' is the loudest car that I have heard - and he drives it on the streets.. 
I have been searching for a photo of Jays garage to Post here, as the gang over here would not believe it. The best card game in Texas..  .
Bernie |
Re pictures of Jay's garage... last third of this video has Jay's Place:
http://mysite.verizon.net/res909nt/s...files/0207.mov
Hope you recognize some friendly faces.
__________________
Cobra Mathematics: 0-100-0 < 12
2011 TCC President
JSHEL1 on the Web
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10-11-2008, 04:39 PM
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CC Member
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Join Date: Jun 2003
Location: Australia,
Zzz
Cobra Make, Engine: Shelby alum 468 block
Posts: 14,974
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Not Ranked
jshel!
Thanks takes me back a month or two..
I'm a little annoyed that I got caught up here with builders and cannot make the Run N Gun. Mmmm next time.
Bernie
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Bernie Knight
KMS 427 #662 Shelby 468 CSX 1026
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10-14-2008, 07:19 PM
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CC Member
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Join Date: Feb 2002
Location: Alice Springs, central Australia,
NT
Cobra Make, Engine: Classic revival kit (CR3181), gen III engine, T56 6 speed box, AU XR8 lsd diff
Posts: 5,699
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Not Ranked
So what is this rubbish I hear that the Indian cricket team reckons the Aussies have lost the sting in there bowling line up?
At what stage did the Indian TEAM have the Australian TEAM in trouble?
At no stage where the Indian's leading the match, but there where times when the Aussies had a chance.
__________________
Cruising in 5th
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Never be afraid to do something new, Remember, Amateurs built the Ark: Professionals built the Titanic.
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10-15-2008, 05:01 PM
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CC Member
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Join Date: Jun 2003
Location: Australia,
Zzz
Cobra Make, Engine: Shelby alum 468 block
Posts: 14,974
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Not Ranked
boxhead
Hey B Clubber,
It will be an interesting season ahead.. 
__________________
Bernie Knight
KMS 427 #662 Shelby 468 CSX 1026
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10-15-2008, 05:12 PM
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CC Member
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Join Date: Feb 2002
Location: Alice Springs, central Australia,
NT
Cobra Make, Engine: Classic revival kit (CR3181), gen III engine, T56 6 speed box, AU XR8 lsd diff
Posts: 5,699
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Not Ranked
Brother Boxhead thanks Bernie.
It is all true, we are members of the Bretheren (is that how you spell it?)
The stories about chickens blood and goats is all true 
__________________
Cruising in 5th
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Never be afraid to do something new, Remember, Amateurs built the Ark: Professionals built the Titanic.
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10-15-2008, 05:14 PM
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CC Member
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Join Date: Feb 2002
Location: Alice Springs, central Australia,
NT
Cobra Make, Engine: Classic revival kit (CR3181), gen III engine, T56 6 speed box, AU XR8 lsd diff
Posts: 5,699
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Not Ranked
Latest reports from the IOC advised that a competitor at the recent Paralympics has had his medal stripped.
After all the reports where checked regarding Performance enhancing drugs
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They found traces of WD40
(probably very un PC, but what can I say, I am a redneck from out bush :P
__________________
Cruising in 5th
---------------------------------------------
Never be afraid to do something new, Remember, Amateurs built the Ark: Professionals built the Titanic.
Last edited by boxhead; 10-15-2008 at 06:17 PM..
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10-15-2008, 06:57 PM
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CC Member
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Join Date: May 2002
Location: Brisbane Australia,
QLD
Cobra Make, Engine: RMC under re-construction, GenIV with tremec 600, Jag 3.31 L/S diff
Posts: 3,318
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Not Ranked
Any-one got Kevin Rudd's phone number?. 
Just had a call from my accountant to advise me exactly how much my super investments have lost in the past 6 months  . Don't check yourself unless you want to spoil your day.
This is the compulsory component that is usually invested with some super fund trustee who is supposed to know what they are doing and who charge us fees for their services. 
What gets me is that component of my investments is the ONLY part which has failed to make a return this year. In fact the reduction has wiped out all the returns from the past 5 years.
I know in time it will make a turnaround but hell, the investments I have made outside of this super have all returned a nice result, and I'm no investment guru.
Any-one wanna tell me why I should pay so much in fees to these twits only to get a negative result. 
__________________
It's impossible to soar like an eagle when you're surrounded by turkeys.
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10-15-2008, 08:07 PM
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CC Member
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Join Date: Jan 2007
Location: Melbourne,
VIC
Cobra Make, Engine: Harrison, 6.0L Chev
Posts: 2,513
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Not Ranked
Les, basically anyone exposed to the share market has been hammered and it will get worse. Cash and gold bullion are about the only safe bets at the moment! Forget Rudd's handouts this week, we've got 2-3 years of pain ahead and a few grand extra here and there will do very little in the big scheme of things. That's the advice I'm hearing from banker friends and an analyst in a large firm. I feel really sorry for those about to retire - my friend's Mum lost an entire year's salary sacrifice to super last year and she is now looking to keep working well into her 60s.
Regarding super fees, move your super into an industry fund ASAP - you've seen the ads on TV! MTAA is a good one.
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10-15-2008, 08:36 PM
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CC Member
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Join Date: May 2002
Location: Brisbane Australia,
QLD
Cobra Make, Engine: RMC under re-construction, GenIV with tremec 600, Jag 3.31 L/S diff
Posts: 3,318
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Not Ranked
I'm not overly concerned Sambo.
My gripe is that these bluddy super companies charge fees to manage these funds. They should be cognitive of where the greatest returns are and to move funds to where ever they do most good.
Ie. As we know shares are currently volatile, so why should they not have moved the funds to cash investments. In other words, properly earn their fees.
As I said, I'm no professional investor but those investments I have outside of these trustees have performed much, much better than the professionals.
__________________
It's impossible to soar like an eagle when you're surrounded by turkeys.
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10-15-2008, 08:47 PM
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CC Member
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Join Date: Jan 2007
Location: Melbourne,
VIC
Cobra Make, Engine: Harrison, 6.0L Chev
Posts: 2,513
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Not Ranked
Les, I feel your pain. As with all these mega dollar payouts to bank execs, it should be more performance based.
Last edited by sambo; 10-16-2008 at 01:30 AM..
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10-16-2008, 12:25 AM
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CC Member
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Join Date: Jan 2001
Location: Sunbury,
VIC
Cobra Make, Engine: Rat Rod Racer, LS1 & T56
Posts: 5,391
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Not Ranked
I've moved from investing in a share portfolio to investing in workshop machinery. Either option I won't have any money when I retire but at least with machinery I'll have something to do. 
__________________
Mike Murphy
Melbourne Australia
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10-16-2008, 05:16 AM
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Member of the north
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Join Date: May 2003
Cobra Make, Engine: A Cobra
Posts: 11,207
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Not Ranked
Morning!!!
Thought I'd drop by and say hi, HI!
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10-16-2008, 02:00 PM
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CC Member
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Join Date: Sep 2006
Location: Bundaberg, Queensland,
QLD
Cobra Make, Engine: Harrison #73 with an L76 6 litre CHEV, T56, 6SPEED,R32 Rear end.
Posts: 470
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Not Ranked
Share Trader
Quote:
Originally Posted by Rebel1
As I said, I'm no professional investor but those investments I have outside of these trustees have performed much, much better than the professionals.
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Hey Les,
Did you hear abou the share trader on wall St who was asked after the market carnage how he was. "Terrible!" he replied. "It is worse than a divorce."
"How is that?" asked the journalist.
He replied "I have lost 1/2 my net worth AND I STILL HAVE my wife!"
Les remember it only took about 2 years to bounce back after the 1987 crash... So that should take you through to ... around 75???
Hang in there Les
regards
Mick
__________________
Schipps
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10-16-2008, 04:20 PM
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CC Member
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Join Date: May 2002
Location: Brisbane Australia,
QLD
Cobra Make, Engine: RMC under re-construction, GenIV with tremec 600, Jag 3.31 L/S diff
Posts: 3,318
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Not Ranked
Quote:
Originally Posted by schipps
Hey Les,
Did you hear abou the share trader on wall St who was asked after the market carnage how he was. "Terrible!" he replied. "It is worse than a divorce."
"How is that?" asked the journalist.
He replied "I have lost 1/2 my net worth AND I STILL HAVE my wife!"
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Hehehehe, now that's what I call good financial advice. My missus costs me an arm and leg and the return on investment seems to diminish the longer she's around.
Quote:
Originally Posted by schipps
Les remember it only took about 2 years to bounce back after the 1987 crash... So that should take you through to ... around 75???
Hang in there Les
regards
Mick |
Mick, I feel better today ... I've just read what Marc Faber wrote in his June 2008 Boom, Gloom and Doom Report on the Bush bailout. I have edited it for local content. Quote:
"The federal government is sending pensioners a $1400 rebate. If they spend that money at Harvey Norman, the money goes to China. If they spend it on gasoline it goes to the Arabs.If they buy a computer it will go to India. If they purchase fruit and vegetables it will go to Mexico, Honduras and Guatemala. If they purchase a good car it will go to Germany. If they purchase useless crap it will go to Taiwan and none of it will help the Australian economy.
The only way to keep that money here at home is to spend it on prostitutes and xxxx beer, since these are the only products still produced in Oz. "
Now I'm no pensioner but I think I'll start doing my bit early and hope things get better for when I do retire....That's if I live that long.
__________________
It's impossible to soar like an eagle when you're surrounded by turkeys.
Last edited by Rebel1; 10-16-2008 at 05:51 PM..
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10-16-2008, 04:55 PM
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CC Member
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Join Date: Feb 2002
Location: Alice Springs, central Australia,
NT
Cobra Make, Engine: Classic revival kit (CR3181), gen III engine, T56 6 speed box, AU XR8 lsd diff
Posts: 5,699
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Not Ranked
Is XXXX owned by an overseas mob?
__________________
Cruising in 5th
---------------------------------------------
Never be afraid to do something new, Remember, Amateurs built the Ark: Professionals built the Titanic.
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10-16-2008, 05:17 PM
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CC Member
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Join Date: Feb 2006
Location: Sydney,
NSW
Cobra Make, Engine:
Posts: 554
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Not Ranked
Quote:
Originally Posted by boxhead
Latest reports from the IOC advised that a competitor at the recent Paralympics has had his medal stripped.
After all the reports where checked regarding Performance enhancing drugs
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They found traces of WD40
(probably very un PC, but what can I say, I am a redneck from out bush :P
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Must have been pretty crook for you to remove something Dave |
10-16-2008, 05:25 PM
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CC Member
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Join Date: May 2002
Location: Brisbane Australia,
QLD
Cobra Make, Engine: RMC under re-construction, GenIV with tremec 600, Jag 3.31 L/S diff
Posts: 3,318
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Not Ranked
Quote:
Originally Posted by boxhead
Is XXXX owned by an overseas mob?
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I was wondering that when i posted so I used Bundy Rum rather than xxxx.
However, It appears that xxxx is owned by Lion Nathan which is listed on the ASX.
So .... given that Bundy Rum is poison, and turns mild mannered rebels into monsters, then I'll edit my post to xxxx beer.
Cheers
__________________
It's impossible to soar like an eagle when you're surrounded by turkeys.
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10-16-2008, 05:46 PM
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CC Member
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Join Date: Jan 2001
Location: Sunbury,
VIC
Cobra Make, Engine: Rat Rod Racer, LS1 & T56
Posts: 5,391
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Not Ranked
Lion Nathan is an NZ company.
Cheers
__________________
Mike Murphy
Melbourne Australia
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10-16-2008, 05:58 PM
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CC Member
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Join Date: May 2002
Location: Brisbane Australia,
QLD
Cobra Make, Engine: RMC under re-construction, GenIV with tremec 600, Jag 3.31 L/S diff
Posts: 3,318
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Not Ranked
Quote:
Originally Posted by Aussie Mike
Lion Nathan is an NZ company.
Cheers
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That's ok Mike. The place is so deep in recession that I believe George Bush is gonna buy the place.
He wants somewhere to send all the Wall Street execs who caused the sub-prime crisis so they can do to sheep what they did to the world economy.
__________________
It's impossible to soar like an eagle when you're surrounded by turkeys.
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10-17-2008, 05:45 AM
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Member of the north
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Join Date: May 2003
Cobra Make, Engine: A Cobra
Posts: 11,207
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Not Ranked
That's a good one.
So am I reading this correctly, the "Bundy Rum" is not good and the "xxxx beer" is okay?
That makes sense.
Last edited by trularin; 10-17-2008 at 11:45 AM..
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