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  1. Mr. Fabulous

    Living off Equity - is this still an option?

    Hi guys, Appreciate your points of view and can see where you are coming from. However, I choose to stand by what I've stated in the initial post. I have no intention - now or in the future - to spam the fund ever. I haven't done so in the past and I see no reason to do so in the future...
  2. Mr. Fabulous

    Living off Equity - is this still an option?

    Why Geoff? I personally don't see that it's anyone's business if I now work for Steve or not. The style of my posts hasn't changed since I started working for Steve and I'm not spamming or pushing an agenda on anyone. It's not like I just started commenting on this issue all of a sudden out...
  3. Mr. Fabulous

    Living off Equity - is this still an option?

    RichardC, According to the Leveraged Equities PDS, a margin call on an account leveraged to 50% that has a maximum lend of 70% (as the Navra fund does) would require a drop in value of 33.33%. If you don't believe me, it's in the table on Page 8 of the PDS - have a look for yourself. Last...
  4. Mr. Fabulous

    Living off Equity - is this still an option?

    It's not about who 'wins' there are no 'winners' and 'losers' it's not a competition! What I see happening here (again) is that Bill puts forward his opinion - which is fine - I liked his 'worse case scenario' post - it does put into perspective what can happen. However, what really rubs me...
  5. Mr. Fabulous

    Living off Equity - is this still an option?

    Was actually thinking about this on my stroll home from work today. Jamie, you've pretty much hit it right on the head as far as I'm concerned. For my personal choice of 'living off equity' would be to draw down the equity from IP's and invest it in the sharemarket, which gives me an income to...
  6. Mr. Fabulous

    Living off Equity - is this still an option?

    I tend to agree. Great to see people out there actually doing it even though 'it's too risky'. Can't do that now! It's too risky, you know! Mark.
  7. Mr. Fabulous

    Living off Equity - is this still an option?

    In the most basic terms bianca, at least the way Navra do it is to draw down the equity from your properties, invest it in an income producing asset (like shares or a managed fund - I know I particularly good one, wink wink) and use the returns from that to live on. As long as you are making...
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