Thanks for that – and yes – I have read Steve’s book and many other books as well – and I try and be creative – but the figures just aren’t stacking up for me. And as for it be a high capital growth area, I don’t think so – well – maybe in 10/15 years it might be – the building growth has been huge and looks to be continuing for some time. My own house has doubled in 14 years – and others I know of have tripled in 6 years – sorry but can’t work out the logic – feeling a little pessimistic at present – but again – thanks for your comments.
I’m sure things will look more postie to me after the next interest increase – maybe it is just the wrong time – even Steve is selling off – so considering I think a lot of him – maybe this is the time to buy in!!
Thanks for being so kind and not mentioning that I mispelt “bank” / “back” – that is really annoying when you find something funny – and there are typos!!!
I have only come across this site today – and seeing I feel I need a break from all this financial/investing stuff – it has been a real joy!
Thanks for being so kind and not mentioning that I mispelt “bank” / “back” – that is really annoying when you find something funny – and there are typos!!!
I have only come across this site today – and seeing I feel I need a break from all this financial/investing stuff – it has been a real joy!
Yea – I went to one of their seminars last year – it was as you said – flashy. I’m been avoiding them whilst I’ve been doing a lot of reading – and they caught up with me the other day again – have agreed to meet with them late in February. In one way they sound good – because they seem to do everything for yout – but yes it is aimed at “negative gearing”. I think I”m just a little down at the moment because – I’ve read and read – still haven’t done anything and my thoughts seem to be so scattered. Think its time to take a step back – collect my thoughts and devise a strategy – and as part of that I probably will still listen to them – or maybe I won’t – I don’t know – its just one of those days!!!
Thank you for your coments – am looking forward to Melbar’s comments.
I moved to Weeribee myself almost 14 years ago – my home has doubled in this time – however, though the area I am in is (I think) very nice – obviously the growth has been slower that other parts of Werribee – my sister’s property has probably tripled or more since is was built 6 years ago. Hers is a 2 storey – my is the average home that was built what say 30 years ago. Obviously NEW must be better – because my area is certainly nicer!!!
Thanks again – will keep what you have said in mind!