Read Robert Kiyosakis book: If you want to be rich, dont go to school. It was my favourite book until i read Steve's 2 investing books.

Trust me, just read it

I live in a nice little place called Werrington Downs and 200 metres from my house is my favourite, family owned takeaway with the best chicken schnitzel in town..

anyways, they were looking at closing down because a Red Rooster has been approved to be built right across the car park and they figured it would be all over.

Then the commercial space next to them was rented out and a new tenant is moving in – Lend Lease. They now have a shopfront to sell off their land releases in Western Sydney. I was interested to hear that my favourite little takeaway / cafe has been thriving whilst Lend Lease is fitting out their shop, they have had Asian businessmen spending up big each day on business lunches.

I wonder if they have bought every single block, therefore excluding all local FHO from getting a prime piece of land?

Well, at 24 years old, i have not put a time limit or age on when i want to quit 'solving someone elses problems' – ie working for someone else.

I am sitting in my loungeroom today home sick from my full time job which takes 60 hours of my week. in the last 2 weeks i have travelled to SA and QLD for work and have read from cover to cover, both of Steve's books on those 90 – 120 minute each way flights.

So i have invested roughly 4 – 5 hours in my future through and through this self education, i have realised that even though i worked my behind off when i was 21 – 23 years old, working 2 jobs, buying my first house, completing a degree and a diploma within that time and then landing my 'dream job' – i am still not happy. I have made it to the 'top', to my goal that i set for myself 3 years ago – in regards to salary and also my job title. I cannot go any higher within my department at my current company who employs over 700 people nationally. I had a moment when reading Steve's books: that i have wasted 3 years of my life to get to the top and still not be happy. This is because i am still working day in day out to cover my living expenses and my capacity to earn can only increase by about another $20k per year – capped at about $100k a year in my industry. And i still have to get out of bed at 7am – something i LOATHE. And the higher i go, the more i stressed i am.

I look around at all my friends and people i went to school with and most of them are stuck in their jobs, havent got sufficient savings to buy a house, or if they have bought a house, it was when the FHOG was here and they are now up to their eyeballs and cannot start a family…

So inconclusion:

here are my 'loose' dreams:

 – To work smarter, not harder
 – To seize the opportunities available to me
 
And here are my particular dreams:
 – to get out of Sydney and hopefully live near Port Macquarie on about 5 acres but still only 10 minutes from the beach. On those acres, i want a dam for my labradors to swim in. I have 2 labs, i want to rescue about 6 more from RSPCA's and animal rescues
 – I want enough IP's to be able to buy and sell when needed – in the ups and downs of the market – and they need to generate a minimum weekly income to live off
 – i want to volunteer at the guide dogs association or raise a guide dog myself
 – i want to play tennis and soccer for as long as my body will allow and whenever i feel like it!

Hope this was an interesting read!

Amanda

Hi Mike,

thanks for your swift reply and sending me the report.

It has helped me to make the correct decision with my first IP

Thanks!

Amanda