Aceyducey replied to the topic What to do??? in the forum No Subject 20 years, 8 months ago
CKMEInvest,
There’s been a similar debate rage over at Somersoft.
At the moment with low rental yields there’s a strong case for renting as you can rent a place for around half of what you would pay for it it in repayments.
You can use the extra money to buy more IPs.
However if you buy a PPOR you get the CGT exemption.
So there’s a case both…[Read more]
Aceyducey replied to the topic need some oppinions in the forum Help Needed! 20 years, 8 months ago
RatedR,
This is a slightly different perspective on the priorities you should consider at your age.
IMHO, the most important thing you should do right now is enjoy yourself.
Sure, make certain you do OK at school & do the reading to get yourself a financial headstart.
However putting your investment master plan into action can wait a few…[Read more]
Aceyducey replied to the topic net worth growth in past 12 months in the forum No Subject 20 years, 8 months ago
Hi All,
Frankly I’m rather surprised at the number of people who have replied & defended their questions, attitudes or positions.
Frankly the only person you have to satisfy or impress is yourselves.
Ditto for SIS.
If someone comes onto a forum and lie about their success, gives advice to others which isn’t backed by experience & generally act…[Read more]
Aceyducey replied to the topic net worth growth in past 12 months in the forum No Subject 20 years, 8 months ago
Guys, put aside whether or not SIS has achieved as he’s claimed for a moment.
Think instead about how you feel about the concept of a 21 year old having achieved at the level SIS claims to have achieved. Possibly having achieved much more than you have in a much shorter time.
If you feel disbelief or jealousy or any other ‘negative’ emotion -…[Read more]
Aceyducey replied to the topic “domino theory” in the forum General Property 20 years, 8 months ago
BTW- The specific Somersoft thread in point is here: http://www.somersoft.com/forums/showthread.php?t=15015
And the person who should be credited with the comments is PT_Bear.
Cheers,
Aceyducey
Aceyducey replied to the topic Another for the Mortgage Brokers in the forum Finance 20 years, 9 months ago
Kramer,
Be very cautious of Brendon (alias Geronimo at Somersoft). Read the posts concerning him & the companies he is affiliated with in this thread at Somersoft & draw your own conclusions: http://www.somersoft.com/forums/showthread.php?s=&threadid=14038
Cheers,
Aceyducey