Tysonboss1 wrote:

conrosco28232 wrote:
This didn't seem to work very well. My asset value (after debts were paid off) was $165,000 – more than my income of $160,000 – yet my score was 269 days (well under a year). Also it assumes you spend all of your income which is not even close to the case with me. I reckon if I stopped working and paid…[Read more]

This didn't seem to work very well. My asset value (after debts were paid off) was $165,000 – more than my income of $160,000 – yet my score was 269 days (well under a year). Also it assumes you spend all of your income which is not even close to the case with me. I reckon if I stopped working and paid everything off I could survive for nearly 4…[Read more]

Rhys, email me at [email protected]

Same goes for anyone else wanting to keep in contact with other young investors!

Hi all,

I’m 26 and would love to link up with other young investors and share stories and info. I don’t have any property investing stroies yet as I have spent the past 2 years reading up, working hard and saving hard. I’m about to get married and my wife-to-be (who is also mad keen on getting into property) quit her job in March in perparation…[Read more]

mgs2, I read that in “The Warren Buffett Way” too, now that you mention it. Thanks for reminding me. I couldn’t help agreeing with Graham’s logic throughout that chapter.

Thanks for your definitions TMA! I agree…not everything is about money. My wife-to-be and I are currently in the process of setting goals for our life together, being financial, spiritual, social, emotional, etc. Investing will play a large part in helping us achieve financially and then in the other areas as a knock-on effect. Of course, it’s…[Read more]

Jae, I believe it depends on how much owning your own place would affect your cashflow. You could compare the week-by-week costs of owning your own home to the costs you have in renting currently. If you do choose to buy your own place first, I don’t think you should spend years paying it off at the fastest possible rate first and then start…[Read more]