Total Members: 159,138

simonr101

  • simonr101 replied to the topic older first time investor in the forum Help Needed! 11 years, 6 months ago

    JacM wrote:
    Hi again Simon

    Thing is, you need cashflow to buy your groceries.  Equity doesn't pay the bills.  Definitely not saying avoid capital growth.  You absolutely need it.  But you also need cashflow.  I prefer to go for properties that produce both, rather than one property that is just cashflow and a separate property that is just…[Read more]

  • simonr101 replied to the topic older first time investor in the forum Help Needed! 11 years, 6 months ago

    JT7 wrote:
    Hi Simon,

    I'd certainly recommend having a good chat to Jacqui.

    <br /
    Both Jacqui and I use the same broker, who is also an extremely accomplished and successful investor, and also a top bloke and a very good friend of ours. 

    Have a chat to Jacqui she will steer you in the right direction. 

    Jack 

    Thanks jack for post, good to…[Read more]

  • simonr101 replied to the topic older first time investor in the forum Help Needed! 11 years, 6 months ago

    Shahin, i probably should have said more clearly that i know the goal is CF+, but don't think achievable in Canberra. 

    Jacqui, a bit of a long story, i had thought a year ago to do what you say, and I saw a bunch of advisors and and wasnt happy, so found a company highly regarded, so paid $700 and the guy said save more, buy ppor, and when save…[Read more]

simonr101

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