wizardfromOz replied to the topic The Dangers of Using Equity to Fund Retirement in the forum General Property 19 years, 5 months ago
Originally posted by TMA:
Wizard, you make it sound sooooo easy!
Also, how would your example stand up with a 20% drop in property value for a couple of years and interest rates trending upwards???Also, the 10 year doubling average is across the country. Specific areas move up and down. In any case, historical returns do not guarantee future…[Read more]
wizardfromOz replied to the topic The Dangers of Using Equity to Fund Retirement in the forum General Property 19 years, 5 months ago
Steve
By the looks of your comments in the newsletter you really haven’t run the numbers properly to give a balanced view of how to use equity for retirement, you have just used the throw away line to build some hype and stuck together some loose facts to try an prop it up. Maybe if you got someone to help you run the numbers you might give a more…[Read more]