All Topics / Help Needed! / Your Strategy

Viewing 4 posts - 1 through 4 (of 4 total)
  • Profile photo of redwingredwing
    Participant
    @redwing
    Join Date: 2003
    Post Count: 2,733
    August 25, 2004 - 4:14 am

    hi guy’s..

    downloading a program, so waiting..and i haven’t seen this posted for a while. prices in my local area have still risen, i missed out on an IP recently and when i looked around a bit more, prices had risen overall..

    My personal strategy is to add to my poperty Portfolio again in the upcoming months.. i’m looking at semi-rural (+)and city (-)to achieve balance of cash flow (See SiS’s Offset Gearing).

    i prefer areas in proximity to water (river or ocean)and services.

    I’m also looking at adding to my investments with a portfolio of ‘Growth’ stocks.

    I’m looking at the Pro’s and Con’s of SMSF’s and the Trust structure required for new IP’s

    the hardest bit is as nike says “just do it” when we still have work etc..

    I’m also reveiwing Personal Insurance levels..

    Our loans are fixed, even PPOR is partly fixed and partly variable. Tax returns and Capital Gains have again provided momentum to my strategy..

    Whatis your ‘personal strategy’?

    “Money is a currency, like electricity and it requires momentum to make it Effective”
    Count The Currency With This Online Positive Cashflow Calculator

    Profile photo of kay henrykay henry
    Member
    @kay-henry
    Join Date: 2003
    Post Count: 2,737
    August 25, 2004 - 8:58 am

    Redwing.,

    Mine is:

    * variable interest rates
    * I just bought, so I want to build up some equity before I buy again. I’ll definitely buy again before I’m 40.
    * Negative gearing (although if the properties I bought had positive yields, I’d be stoked)
    * Tax returns for future deposits
    * I will buy in any market (flatter is better for city; a buoyant market will have me buying regionally)
    * Buy and hold forever now… or maybe until the next boom :)
    * Post 1987 properties for depreciation
    * I won’t buy in locations that have been well-discussed on Forums. I’d rather buy in places that haven’t been spoken about.
    * Pay as much as I can extra on the mortgages- use rent to go into mortgage and use pay to go into mortgage (I used to pay double per week but not these days).

    kay henry

    Profile photo of calvin_thirty4calvin_thirty4
    Participant
    @calvin_thirty4
    Join Date: 2004
    Post Count: 556
    August 27, 2004 - 3:15 am

    As I’m just starting, I’d like to, at this stage:

    1.buy and hold, with a prefrence towards +CF (as most on this forum),
    2.pay off the mortgages as quickly as possible to further increase my cF (something I’ve learned form my last boss “reasons for businesses failing is cashflow! You got none you close!”
    3.once there are sufficient +CF IPs, start to include some -CF for CG!
    4.encourage my wife to learn/watch and delve into shares – God willing for more CF and then work for the fun of it

    Cheers

    C@34

    Profile photo of shaunwalkershaunwalker
    Member
    @shaunwalker
    Join Date: 2003
    Post Count: 403
    August 27, 2004 - 3:32 am

    i’m sorting myself out as well.
    1. sell off IP (was PPOR for 2 years so no CGT)
    (profit about 60k)
    2. repaint another IP, new security screens, and rent increase of 10 dollars a week.
    3. looking into peter spanns strategy of shares etc, either way around 50k to go into shares until i work out what i’m going to do in the next six months.
    4. am off to look at a 3000 dollar house (yep you read it correct) renovate and sell.
    5. use these profits and possibly pay cash for house in NZ.
    cheers
    shaun

    Lead, Follow or get out of the bloody way

Viewing 4 posts - 1 through 4 (of 4 total)

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