simonr101 replied to the topic older first time investor in the forum Help Needed! 11 years, 7 months ago
JacM wrote:
Hi again SimonThing 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, 7 months ago
JT7 wrote:
Hi Simon,I'd certainly recommend having a good chat to Jacqui.
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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, 7 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]