Joined Apr 2015
6K Posts | 5K+
NJ
May be true, but ion Oz, 12 millions is a fair bit of bank balance with which to live life quite large as they say, well that and by other reports they say upwards of 40 million Australian.
As I understand he has at least three properties in Australia, one of which was rumoured to involve a cattle business but there are no confirmations.
Plus, he has his sponsorships with Audi/Lamborghina and Ducati that bring in more income (Ducati rumoured to be around 1 million per season) with those sponsorships providing free flights and accomodation. On top of that he has sponsorships with fishing equipment, golf equipment, electric motorcycle equipment and is said to have invested very intelligently (much the same as Mick Doohan who has made more money with his business investments than he ever did on the bike).
I do however agree that he may well wish to work again in some capacity as I suspect boredom comes to play as he does not seem to wish to be involved in riding schools (like Schwantz etc) but only time will tell on that score as in reality he is living the Aussie dream at the moment.
Absolutely.
Nowhere on the Gold Coast is a bad investment but hey, maybe making 2 million out of the purchase is considered a bad investment in some places
No, with your usual lack of logic where Stoner is concerned you are both criticising him for living a decadent lifestyle which by all accounts he doesn't and criticising him for not staying in gp bike racing longer to make more money to better fund such a lifestyle.
You are also generalising from how American athletes from professional sports different to gp bike racing behave to how Australian "athletes" from GP bike racing behave. He only has a few real peers, Doohan, Gardner and perhaps Bayliss and Mladin none of whom are broke as far as I am aware, with Bayliss's wife in particular actually resistant to him continuing to ride because she wanted him to stay alive and healthy. As has been pointed out to you, the real estate market is different to the USA, even in terms of how mortgages are secured, and Gold Coast beachfront property has hitherto always been a gilt edged investment; perhaps this won't last forever but it has up till now, and I would consider it highly likely that it will last till he sells the property concerned.
Your whole involvement in this thread in regard to Stoner is in fact a series of rather large and odorous red herrings. No Stoner partisan apart from Barry, and if you can tell when if ever he is being entirely serious you are unique on the forum, is saying that Stoner is better than MM or is confident Stoner would beat MM on current equipment. If Stoner pioneered an extreme off the bike riding style (I think their riding styles were both radical when they commenced using them, but are not necessarily all that similar myself), then that is also not an insult to MM, being 7 years older and starting in the premier class 7 years earlier does give Stoner an advantage in terms of pioneering. I wouldn't have thought even you could dispute the historical fact that Stoner had more background in dirt track racing than most of his contemporaries.
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Joined Jul 2007
5K Posts | 1K+
unda cheese
Joined Jul 2007
5K Posts | 1K+
unda cheese
Joined Apr 2015
6K Posts | 5K+
NJ
Joined Jul 2007
5K Posts | 1K+
unda cheese
Joined Apr 2015
6K Posts | 5K+
NJ
Joined Jul 2007
5K Posts | 1K+
unda cheese
Maybe I should start trolling rossi fans with wild conspiracy theories every time he runs a fast lap
Joined Jul 2007
5K Posts | 1K+
unda cheese
Joined Oct 2012
3K Posts | 725+
Crab Key
I have to admit, Stoner is a prime candidate for a ridiculous, jewel-encrusted grill.
If you are saying 12 million I presume that is American dollars when the Australian dollar was 67 cents US, since Australian speculation which is hardly less likely to be accurate than US speculation puts his net worth at AUD 20 million, which makes the house concerned 4 million in your terms. 200K a year by 5 is 1 million which would be covered by a 2 million increase in the sale price; if not he will run out of money in about 100 years at 200K a year. Australia is different than America, waterfront property has historically been a safe investment, and probably will remain so, the problem currently being more that Australians are priced out of such properties by overseas money. The type of junk bonds based on property speculation which occurred in the USA and were a leading cause of the GFC cannot occur in Australia because mortgages for good or ill (probably the latter imo) are secured against your total assets rather than just the individual property concerned, not that this means there is no property bubble in Australia.
Joined Jul 2007
5K Posts | 1K+
unda cheese
How do you figure it has cost him 200k a year?
He paid cash for the house ........ thus no mortgage costs involved and as for energy costs etc they would be a few thousand a quarter.
He will do more than break even as the Australian housing market is significantly different to the US in so many ways
Out of interest, can we Australians ask for you investment advise in our market as by the sounds of it you are more versed than may within the country into what type of investments we should be engaging in procuring
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Joined Sep 2016
894 Posts | 557+
Queensland Australia
Well whatdyaknow.
Corey is now married with a humble suburban home and is said to be living within his means .......... much like Stoner ........ so yep, even Corey is living the Australian dream
No Cookies | Daily Telegraph
Joined Jul 2007
5K Posts | 1K+
unda cheese
Yanks love Aussies for what they percieve as being bad ..., happy go lucky, always up for a party, good time blokes.
That kid is ....... legend here. Look at the comments.
Your on a one man PR campaign to paint aussies as a bunch of sullen .....
Go eat a vegamite sandwich and find your inner Aussie
Now you are on to something more rational, sure it is entirely possible that VR still retains a sufficient amount of his enormous talent to set a good lap time on the basis of said talent.
If you are going to decry tire conspiracy theories however, perhaps you should take it up with Jumkie, whom I am led to believe is both a compatriot of yours and primarily a Nicky Hayden fan.
Your problem is the genesis of all this in 2006 and 2007, which was certainly not Hayden fans claiming equipment advantages for Hayden or Stoner fans claiming Stoner had equipment advantages.
