Forum Replies Created
- Originally posted by Dr.X:
Just wanted to share a constant dilema with other investors. I’m sure we constantly face the same problem. How do other people handle it?
Are you sick and tired of people preaching to you about chasing the mighty $$$$?
As soon as I tell people that I buy real estate for a living, they ALWAYS reply with “I’d rather be happy than be rich” or, “oh so all you do is chase money”, or, “how many properties do you want, isnt that greedy”
Im SICK of it, sometimes I just tell people that I’m just a stay at home mum that dosen’t have an income just to avoid the attacks!
Why is it that people can’t understand that, everyone is chasing money. No one works for free. I used to be a scientist and gave it up for real estate investing. Why was it OK for me to make money in research and everyone congratulated me after every pay rise, and now everyone looks down on me after every deal that I have made money on?
Money buys me freedom to be with my kids, if I had a normal job, my kids would be in day care and I would have to sell my time with my family in exchange for money. Isn’t that chasing the mighty dollar?
Why are poor people working in jobs seen as being good and investor/developers seen as bad. Its almost as if people are waiting for something bad to happen so that they can feel better about themselves. It’s not that difficult to see that poor people can also be greedy and bad and rich people can be good and giving. Money does not dictate your personality. Why is this so difficult for the average person to see?
To top it off, I just recieved an email from Neil Jenman recomeding a book on the good life, his quote was he “is sick of the sick persuit of money” He signed the email as “get well soon” Please! coming from someone who slanders investors for a living! Is it really that bad to want to be rich?
Comments PLEASE!!!!!
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phone 0412 437 582I must say that its good to hear that I’m not the only money grabbing,unhappy, evil landlord on the planet. Unfortunetely having people harang you for trying get somewhere is part of the deal. According to Robert J Ringer author of MILLION DOLLAR HABITS.He says that its something that you just have to accept.
Your friends are jealous because they feel they could never achieve what you have.That type of self limiting thinking keeps them squarlie in their wage slavery where their sole function is to make their boss rich.(quote from Steves first book).This ultimately is good because among their number are the people who because of their attidude are commited to lease all their lives. We need them to fill our properties.
Why don’t you start collecting friends who are achievers. Then achieving will just seem normalJohn Bond
Hi Faccina
My name’s John.I’ve been investing for 6 years now and have managed to stop working as a result but I still feel unqualified to give advice.
However…Option 1 sounds like it won’t produce anything for many years.
Re option 2 …I haven’t looked for a while but last time I did CF+ properteries existed in Carnarvon WA also in NZ in Tokoroa, Greymouth, Te kuiti, Castlecliff which is a beach suburb of Whanganui.I would also look in the SW corner of WA around Augusta across to Esperance. I think there may be capital gains potential around Augusta WA.
Personally I wouldn’t even consider your option 1.
NZ doesn’t have stamp duty or capital gains tax.Thats why Bob Carr is investing so heavily there.
Regards
John Bond