Elves,

I am not sure if I am to late with my response to your question, as I think you said you had already spent the money in question on property? Is that right? If not, and you are still wanting to know “how to” make use of your funds, I would have to agree with everyone else in here who have repeatedly voiced the “pay off your credit card” suggestion. After all, interest on credit cards in far greater than any profitable property return. I too have a credit card (only one) but nevertheless, the interest is quite substantial. I have found that the best way to make use of a credit card (wisely???) is to repay any purchase money within the 45 day “interest-free” period, that way, I am playing with the bank’s money and not my own. Basically, I get to use their money for free! [cigar][cigar]

SIS,

Your situation is somewhat different, however, again, as with Elves, I would suggest pay off your credit card debt first.
I would be glad to put in my 2c worth in advising you, but I am not real sure of your situation. I thought you were going o/s in a few weeks??? I am not really sure….[blink][eh][hmm]

All the best to both you,

Jo

RussH,

Not sure if you can or not, as I am not familiar with the editing abilities of this forum, but as you were the instigator of the thread, can you not remove it if you so choose??

Maybe, that would help!

Just a suggestion.

Jo

Baloo,

Firstly, sorry about the CAPITALISED (oops, did it again; sorry, habit) it is my what of emphasising; I now realise that is not the case. I will to keep that in check.

Secondly, if you go back over all my posts, I rarely ever reply to RussH, and in one, I actually apologised re a mistaken figure for which he purchased a property.

Obviously RussH is a friend to you; that’s cool, I hope that continues to be the case. At the expense of making it look that way, I do not fire up at people for disagreeing with me; I prefer if they did, as it is a learning curve for me when they do.

I respect your opinion; and I apologise if I have expressed myself badly in your eyes. I do get passionate about issues, and at times, this can be viewed badly. I will try and keep that in check also.

Cheers,

Jo

Lucifer,

Yes, financially independant at age 28. If you or anyone else wants to know more, I will gladly (without reservation) let them know. But save your respect for someone who really deserves it, not me…I don’t ask for it, nor do I consider my achievements worthy of mention, unless specifically asked.

Thanks for the lengthy post, sorry I didn’t read it all…

Contrary to what you may or may not believe, I am not out to show you, RussH or anyone else up as not knowing what your are doing. I just don’t agree with try to convince others of a noble gesture that is quite the opposite.

As for books, by free I meant, you had to purchase it…unless you borrowed it, in which can, I stand corrected.

Happy reading, and I will you (and believe it or not) RussH all the success in the world.

Jo

RussH,

Firstly, I apologise for “attacking” you; you’re right that was quite unfair of me….sorry, but you hit a nerve. You claim to care for this woman, but with the same breath you turn around and ask for everyone else to help her….why???? So you can take the credit for it, or to ease your conscience????

I don’t care about your popularity, and I hope my honesty doesn’t jeopardize same; however YOUR SUGGESTION not my comments is what is questionable here…..you stand to gain from this woman, I don’t. I feel sorry for her too, but I am not trying to squeeze a better deal out of her.

Be honest, not just with me, or those in here, but with yourself. If you feel threatened by me, ask yourself why.

I am not a malicious person at all; but at least I will answer you directly; you didn’t answer my PM which I did not post publicily….to save you the embarrassment!!! Hence, I am not our to harm your friendship with anyone here….get over it.

BE HONEST, or don’t make absurd suggestions, and aboveall ADVISE OTHERS WITH CAUTION….you could be risking their financial well being with your fanatical obsession with some of the book experts.

Jo

Lucifer,

I am financial free….and I did it WITHOUT John Burley thank you very much.

FREE….my ass….you had to buy the book didn’t you (royalties!!!!).

So how many years have you got to go before you are financially free??????????

Keep reading, and keep learning, but do exercise caution. Just because it has a hardcover, doesn’t make it gospel.

Jo

There are homes that start as low as 350K in Williamstown, and their growth is just as good as that of 750K. It just depends on what type of house he wants.

Me personally, I’d start smaller, and work my way up….I didn’t get where I am today by “biting off more than I could chew” straight away.

Nevertheless, all the best to him on his endeavour.

Cheers,

Jo

RussH,

Just wondering……HOW MANY BOOKS HAVE YOU READ???????

BTW that guy I mentioned in one of my posts, the one who LOST EVERYTHING and was millions of dollars in debt, started out reading the exact same books you have mentioned plus many many others just like it.

I don’t see any harm in reading (it is good for the soul) but whatever you do….don’t let these books determine your actions, without thoroughly investigating them (professional advice) first.

Just a tip, please….no offense intended.

Jo

MrVip,

SEEK PROFESSIONAL FINANCIAL COUNSEL !!!!!

Reading is fine, but it takes time, and unfortunately in your situation you need to spend yours digging your way back out.

Your situation, though sad, is not a total loss. YOU CAN FIND YOUR WAY BACK, but my advice is speak to another bank/financial instituion whatever to help in your consolidation….they are out there…..try more than one!!!!

Above all, spend less time reading, and more time talking on the phone, in person, pounding the pavement, anything that will lead you to someone who will help steer you in the right direction, and that can (here’s the key) ACTUALLY OFFER ASSISTANCE, not just proclaim to have the answers as in the case of so many books.

Good luck,

Jo