Forum Replies Created
Don’t fret Poltergeist, I don’t think Paul was having a go at you
]Cheers
MelStill in school, I don’t believe that you get ‘flamed’ for what you say. I know that I myself have questioned some things you have said that certainly didn’t match other things you had said, and some others have gently corrected the way you calculate some returns, but it’s all about helping everybody to learn, and most of all to help you so that you are not ‘fooling yourself’ with some of the ‘returns’ you have been achieving by using those flawed calculations.
I accept and welcome comments you can make. I am impressed that you have been able to do so much at 21 – in fact, I am jealous. Especially if you are ‘still in school’. I think people of all ages could benefit from some of your strategies.
While we’re on the subject though, can you please please put your g’s in when you are typing. I can understand if you talk and drop them, but I cringe every time I read what you type (and I often wonder if your ‘g’ key on the keyboard is missing[
])Cheers
MelThanks Erika[
]Cheers
MelNice odds Bill![
]Cheers
MelI only spent about 3 minutes at the site. I know it would have been fairly easy to find, but I had a quick look, and then closed it.[
]Cheers
MelHi C2
We’ll have our conversation in between the betting scandals that are going on![
]I personally would be looking to make strong cashflow. I’ll state now that I am looking at cashflow investing at present, as I am asset rich and cash poor and want to even things out (plus I don’t want to have to work![
])I probably have said before that if you have more properties you have a chance of more gain. But I do agree with Bill on the current market, so wouldn’t rush out and buy 10 ‘just cos I could’.
Although, having just reread your question, I probably would not put down any more deposit than I had to, but I don’t really want to pay MI at the moment. So a 20% deposit would be where I’m at. If that enables me to buy more or less, than that’s either good or ‘the way it goes’. I would not look to overextend myself, and would be planning on further rate increases when looking at my serviceabilty.
My whole strategy has been to buy and not sell, but recently we’ve sold a couple of dogs to alleviate some of our cash poor problem.
Cheers
MelMe too Poltergeist!! Her first name was also Melanie, so when we had classes together at school we sat next to each other! I don’t think the teachers were ever too thrilled though.
Although it did make it easier for them when they wanted to tell us both off![
]Cheers
Mel
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