Forum Replies Created
LA ok no worries mate. Understood, and i must admit I enjoy my car much more without worrying about how I am going to fuel its enourmous thirst…
C2 I have a car for all occasions too, sport luxury and camping, Of course its a Fairlane!! Ok i think you beat me on the sport, maybe the camping too…. Oh and with that roller, Luxury also. Doh!
Very Nice C2 You have a good eye for cars. As i said I wouldnt make money doing what you do with cars as I like them too much once i get them. I purchased a Soarer a while ago, there wouldnt be too many left in Japan now would there, there are so many here its not funny.
That RR is very nice, statley I would call it.
LA sounds like from your post you think I have copped out and gone nowhere financially, You couldnt be further from the truth. And I still believe you cant buy happiness.
I have looked into it a little and my Australian banks would not lend to me for a purchase in the UK. My UK bank was happy to lend to me If I could show them a suitable income in GBP. That does not mean there is no other avenue for finding finance but they are the two I looked into.
Personally I have a problem making money with cars although I have tried several times. My problem is i like them too much, I might buy it cheap but then I will want to keep it, and I am so festidious about maintenance I put too much time and money into them, which is irretreivable upon sale.
By the way C2 what type of Merc is in your list? and what Roller? There are some very tasteful options under those names.
I use my love of cars now as a part of my finacial goal setting for example in 2012 I want to purchase such and such a car and to do this I need to have built my portfolio by so many thousand dollars. I work on a ten percent "doodad" allowance, just so I am sure I am having fun, but fun I can afford if you know what i mean.
By the way I totally agree with your comment C2. Happiness is a state of mind and therefore cannot be purchased. Nothing wrong with having lots of stuff or even having nothing, you can still be happy.
Cheers for reply LA and Devo, Good to here your luck story with the Commodore too, Actually I drove my fairlane into the ground for many years, my restoration was paid for by profts from a property sale and I now resume to use it daily. It is a doodad for me but a relatively inexpensive and very enjoyable one.
Interesting messge Shales, I have read lots of books and people have obtained riches from nothing many times, Its important to always maintian that happiness you talked about wherever your going.
An old topic I would love to revive. How about some of you guys with appreciating assets from three years ago. Have you Improved your ride yet??
1968 Ford Fairlane $600 in 95, $16000 in 07 after $10k restoration. Very fuel efficient at 12mpg! The height of luxury as far as I am concerned.
I was once told, “when is the best time to by property?” my complicated reply involved fluctuations in market values etc.
I was then told “the best time to buy property is now….Oh, but its ten past nine in the evening, you will just have to do it in the morning instead. The best time is now. Dont wait.”
I have however recently allowed my positive attitude to be nullified, time to look onward and upward again.
Steve,
I have been receiving your emails for a long time now. I think this is the first time I have spent time on your forum.
For the last six months I have been feeling at a loss when it comes to building my portfolio. I have had purpose plan and passion for several years.
I begun investing in +ve cf property when I was 20 by accident, and from the time I had been receiving more rent than my morgtage repayments i could never for the life of me understand why people would want to own -ve cf properties.
Since I began i have read numerous books, and through books and experiance have learned a great deal about real estate.
I developed a plan 6 years ago, and revised my plan a year and a half ago.I planned to find 2 properties a year for five years, unfortunatly last year I only found one, and I have been feeling discouraged since then as betwween then and now I have had serious problems trying to repair some of the mistakes i have made regarding finance.
I know the kind of deals i need are out there somewhere, I just dont know where to look. I guess what I am saying is help.
What happens when you become discouraged, and how do you find the tools to turn this around into motivation, I would love to hear what others have done when faced with similar emotions.
My thoughts on retirement villages;
Look at the demographics in the area, If there are a lot of aging citizens then you could well be on a winner.
Have a look at your competition, can you offer what they can.
In my area retirement villages are packed out very quickly after they are built. This alone makes the idea sound attractive to me.
Good Luck,Gasso
