Hi everyone Im currently have a headache at this moment, so woul all youse experience pple out there give some insight to what i should do.
Im currently 22 yr old. I bought a property reno it and have plan and permit. I raised the capital value to 70%. I got two choices:
1. sell it pay all of my minor debt and go back to study – diploma ecommerce
2. sell it buy another investment property and continue what i have done.I would like to retire early on a passive income.
However everyone around me advice me to go back and study to have a stable job then do investment as side business. Any recomendation? at the moment i working at a job that i dont like.
ahhh the good old, go to school, study hard, get a good job, and reire on you super advise.
What do you want to do? be an ecommerce guy working till your 60, or a be a propery investor working till you want to work ????
I’d go hard on the property
what about status?
My highest is completion of vce?
Hi Ken,
E-commerce is not a very time consuming course. You still have time to do more house renovations while studying. You are still young you can choose which way to go later.
I think if you’ve left school or worked fulltime for at least 2 years you can get Govt Study assistance to go back to study. You can check this with CentreLink.
I’m a conservative soul.
Huey
You can NEVER substitute a strong education over anything in life. Education is everything, and the rest is just the rainy rewards that comes from the sweat!
“Why oh why didn’t I take the BLUE pill!?”
I would like to retire early on a passive income.If this is really what you want, then the answer is simple – door No.2 [
]Regards,
Brett []“Even if you’re on the right track you’ll get run over if you just sit there.”
I tend to agree with f-j-o. There’s no substitute for education. Why can’t you go back to study but keep the present property as a rental?
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