Hi CashhouseBuyer,

I really enjoyed reading what you wrote in another reply, “the best investment you could make is in education”.

That sounds perfect to me – nice work.

I also think real estate is a good balance of risk/reward (I own a modest portfolio).

Missing out on huge gains can sting & missing out on gains is not something that I fee…[Read more]

@AndreaBur, yes adoption has grown remarkably over the years.  Like you, I also used to think that Bitcoin couldn’t be tracked but now I understand that it can be.  The on and off ramps (converting from fiat & converting to fiat) all require KYC.  Exchanges have that built in.  There are decentralised exchanges but that’s another story…[Read more]

@Alisonin, I also agree that Bitcoin is a good idea, I like its intension & think that we should all have some slice of that.

As far as I understand, it’s a very binary thing.  I think it will either completely fail or it will engulf most of the world value.  It was not designed to stop half way. The Game theory of it so far has meant that cry…[Read more]

@DawiidG, I agree that Bitcoin is volatile – That would be the story for sellers only.   Yesterday Bitcoin reached an All Time High.

Everyone that purchased (and held) Bitcoin at any time since its 12 year inception is now in profit (on virtual paper).

The above statement is only false for people who purchased their first Bitcoin yesterday & was…[Read more]

Hi Don,

Your question is answered below but I want to initially state how Real Estate & Crypto are relevant to each other.   Giving respect to the site theme. They are connected in many unusual ways.  I would like to share how their attributes collide & what could come of it.   Property ownership is targeted for disruption (if some cryp…[Read more]

Hi Don,

Your question is answered below but I want to initially state how Real Estate & Crypto are relevant to each other.   Giving respect to the site theme. They are connected in many unusual ways.  I would like to share how their attributes collide & what could come of it.   Property ownership is targeted for disruption (if some cryp…[Read more]

Hi Don,

Your question is answered below but I want to initially state how Real Estate & Crypto are relevant to each other.   Giving respect to the site theme. They are connected in many unusual ways.  I would like to share how their attributes collide & what could come of it.   Property ownership is targeted for disruption (if some cryp…[Read more]

Hi Mikey,

You’ve gotten some really good advice but I have a something to add regarding LVR.
Although 88% LVR is the “sweet spot”, my opinion is that you shouldn’t aim for it just because it is something that is available to you.

There are some advantages for borrowing more of “other peoples money” & increasing LVR however I believe that taking…[Read more]

Hi Nan,

Understandably, everyone with a loan wants to limit their interest expenses. I would NOT choose to fix my rate unless I couldn’t afford another interest rate increase. Are you trying to “time” when to fix interest rates because you cannot afford to pay more or because you are hoping to fluke some interest savings? I am thinking that…[Read more]

Hi Nan,

Understandably, everyone with a loan wants to limit their interest expenses. I would NOT choose to fix my rate unless I couldn’t afford another interest rate increase. Are you trying to “time” when to fix interest rates because you cannot afford to pay more or because you are hoping to fluke some interest savings? I am thinking that…[Read more]

Hi Ashley,

The City Council can give you this specific information (if you call).
They will not indicate who they prefer to work with but they will give you a list of the most frequently dealt with.
You can then interview all (or pick a few) & judge whether they suit your needs….or not.

Just on the topic of “thinking outside the box”. It…[Read more]

Hi,

As usual, I very much agree with Benny’s advice.

There is something worse than being a procrastinator & that is when one becomes a pre-crastinator instead.

A pre-crastinator is a loose term used for people who are afraid of being a procrastinator & therefore jump into situations “too early” just so that they can cross it off their…[Read more]

Hi,

As usual, I very much agree with Benny’s advice.

There is something worse than being a procrastinator & that is when one becomes a pre-crastinator instead.

A pre-crastinator is a loose term used for people who are afraid of being a procrastinator & therefore jump into situations “too early” just so that they can cross it off their…[Read more]

The confidence one has in their strategies, of returning back to wealth, if disaster was to strike – is what I would consider as being “Rich”.

Very similar to a “doomsday prepper” but without the camo gear & tonnes of baked beans………….OK. I lied about having too much baked beans, it’s probably best to keep stacking those tins.…[Read more]

Hi Brett,

I feel that if NG changes are made, it will be a loss for both:
a) the home buyer who became an investor &
b) the future hopeful home buyer.
I feel this way because there is at least one other dimension to this problem that is never discussed………………although its presence is not hidden from view & has always proved…[Read more]

Hi Brett,

I feel that if NG changes are made, it will be a loss for both:
a) the home buyer who became an investor &
b) the future hopeful home buyer.
I feel this way because there is at least one other dimension to this problem that is never discussed………………although its presence is not hidden from view & has always proved…[Read more]

Hi Benny,

Thank you for your kind words. I think that you are enlightened & very much deserve that accolade.

I agree, these seemingly useless skills are the throttles that help propel us in everything we do. I write “throttles” as they provide us with no clear direction, at the time the skill is learnt, but they become catalysts for future…[Read more]

Hi PeteJackie,

I loved your question, it’s been a few hours so I wanted to reply.
Pardon me if you wanted a quick reply, I hope mine is of some interest to you.

I am in IT & also in the Property Development business. I make mistakes all the time (in both industries) but I am quite successful in both too. Most of my failures are not…[Read more]

Hi PeteJackie,

I loved your question, it’s been a few hours so I wanted to reply.
Pardon me if you wanted a quick reply, I hope mine is of some interest to you.

I am in IT & also in the Property Development business. I make mistakes all the time (in both industries) but I am quite successful in both too. Most of my failures are not…[Read more]

Hi PeteJackie,

I loved your question, it’s been a few hours so I wanted to reply.
Pardon me if you wanted a quick reply, I hope mine is of some interest to you.

I am in IT & also in the Property Development business. I make mistakes all the time (in both industries) but I am quite successful in both too. Most of my failures are not…[Read more]