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  • Profile photo of OllieOllie
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    @ollie77
    Join Date: 2014
    Post Count: 30
    May 8, 2014 - 7:25 am

    Hi Steve and thanks for the response

    In response to the questions.
    I’m trying to achieve a supplement income as I head to retirement. Not a huge income at present but hopefully in 10 years I might be able to achieve a reasonable amount. Hopefully the profit will be market driven. I can allocate one day a week to achieving my outcomes. My risk tolerance I would say is medium at present, and hopefully as mentioned I hope to achieve this in 10 years.

    I also can allocate more hours to this if or when it becomes productive. Any feedback is appreciated.

    Ollie

    Ollie
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    Profile photo of OllieOllie
    Participant
    @ollie77
    Join Date: 2014
    Post Count: 30
    May 7, 2014 - 9:37 pm

    Thank you for the responses. Would I be correct that when I search for a property it’s best to look at ones that over a 5 year period have shown minimal growth against one that is currently achieving a high 23℅ growth?

    Ollie
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    Profile photo of OllieOllie
    Participant
    @ollie77
    Join Date: 2014
    Post Count: 30
    May 7, 2014 - 5:42 pm

    Thanks Jamie, basically I have about $800,000 in equity in my home but only earn about $750 a week in wages so just want to start building a portfolio in property for when I retire in 14 years time as my super is quite low?

    Ollie
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