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paulspencer

  • paulspencer replied to the topic why do you want financial freedom ? in the forum General Property 20 years, 5 months ago

    Originally posted by SALACIOUS:
    And it is not like this at all, most people will have different answers or goals.
    This thread started with a question so what exactly is your answer?
    Dom[biggrin]

    It’s not like what?

    I have already given my reason, but I’m not totally satisfied with it … you could say it’s a “work in progress.”

    Paul…[Read more]

  • paulspencer replied to the topic why do you want financial freedom ? in the forum General Property 20 years, 5 months ago

    I hear everyone saying it’s all about freedom, and I share that view very strongly. But I don’t think it’s enough. I think it takes passion. It’s like Kiyosaki says, passion has 2 sides – things you love and things you hate. I think most of us have resolved the negative side more – we don’t like being a slave to a job! But, when it comes to asking…[Read more]

  • paulspencer replied to the topic why do you want financial freedom ? in the forum General Property 20 years, 5 months ago

    Henry,

    Why not have a choice? I think people are happiest when they are doing something that is meaningful and significant and has an element of challenge. Many people don’t find the work that gets them money to be meaningful or significant. One solution is to work at finding a job that is more satisfying. I think a better approach is to have the…[Read more]

  • paulspencer replied to the topic why do you want financial freedom ? in the forum General Property 20 years, 5 months ago

    It’s always about FREEDOM, but freedom to do what? Not many would want to spend their life on the beach. I think setmefree has posed a good question: WHY do you want to be financially free? This is important because if your reason isn’t strong enough and isn’t enough to drive you past all the obstacles then you won’t reach your goal. In my case…[Read more]

  • paulspencer replied to the topic Fibro House – is it worth it? in the forum General Property 20 years, 5 months ago

    Heather,

    I think it may be worth looking into for the very reason you think perhaps you shouldn’t! ie. people perceive it as a problem, perhaps more so than it really is, therefore it gives you a little more power to get a good price. I remember Kiyosaki giving an example of one of the very profitable real estate bargains he obtained, all due to…[Read more]

  • paulspencer replied to the topic Investing in Melbourne seems out of reach!! in the forum No Subject 20 years, 5 months ago

    Rose,

    To be able to pay $300 per month to keep your first property going and then to save for another shows you are both hard working and disciplined, most people wouldn’t manage that.

    But I question getting into a second property before making money on the first. Are you investing for cash flow or capital gain? Perhaps you could look into ways…[Read more]

paulspencer

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