Australia property deal Fund secured.

I have recently successfully brought enough Australian dollar which allows me to pay for 47% deposit for my Australia Property in Dockland. The property is under construction. But with the weak Australian dollars and recently there seem to be a rebound from the low point touching the latest 1 month high. Therefore I have decide to buy the rest of the Aussie dollar that require me to secure the deal. The rest 53% of the money will be Finanical via mortgage from NAB bank. With this big sum of deposit, it will be able to make my Australia property a Positive Cash Flow deal. Currently I have about $200,000 plus of Australian dollars in Term deposit. Article by Macao Millionaire doctor

2015 Mar updates

It's been a while that I haven't post any update. I have been busy lately sitting for doctor specialist entry exam. In the mean time, I have also realigned my focus on residenial property which focus on a few area that are great for Growth UK hotspot include London, Birmingham, Sheffield, Leicester, Southampton. There area had both good capital growth and good population growth. Macao millionaire Doctor Club

Add to position on A50

On the date on 2015/01/19, another 6000 shares of 2823 was purchased at 12.04. The entire position for 2823 ETF has been completed. By Macao Millionaire doctor

$500,000 dollar project Begins

Yesterday, I have complete my ETF position on my $500,0000 dollar project. Instead of waiting for the 2823 to pullback to 50 day MA. I fill out the rest of my position when the price rally to new 52 week high and breaking the latest resistance. The reason for this is, I am not sure when is this ETF going to pull back, it appear really strong. And another reason is I think buying at $12.62 is still good value with the fact that the price range for 2823 is $8 to $28. With this in mind, I purchase 32000 shares of 2823 at $12.62 per share. Article by Macao Millionaire Doctor

$500,000 dollars project. My 2nd pot of Gold

$500,000 dollars project, my second pot of Gold After making my first pot of Gold in Real estate, I will divert my money to Shares. With shares I am particular increased in Index ETF fund. The one that caught my attention is my HK:2823 China A50 index fund. The china index has been on down trend for 5 years plus. Recently this downtrend line is broken. With 10 wk MA crossing above 40 wk MA and the catayst for this is the open up of China stock market to the world. A lot of global fund is going to pour into china market. The index is currently in relatve low price compare to 10 year price. Current is $11.6 and the 10 year range is $28 to $8. I aim the price to get back to $20. I am going to invest another $400,000 in this index with price around $10 , I will buy when price pullback to 50 day MA. When price double, I should make another $500,000 dollars. Invest timeframe last 1-3 years. Article by Macao Millionaire Doctor

Million Dollars Deal settlement

Millions Dollar Deal Settlement Finally the settlement of my 1 bedroom/1 bathroom property has arrived. The settlement was on 2014/11/19. This deal has net me a profit of $1,220,000 HKD. The proceed from this deal will pay for my Australia project The Altus.

Adding onto ETF position

The China-HK stock market is going to link soon. I have use my double paid salary this month to purchase another 2000 shares of 2823 (A50 China ETF) at $9.54 today. I think the coming rise of the China market is going to surplus HK.