Steve Navra said:Please indicate by poll or other if you wish me to continue.
Please! Burn the midnight oil, complete the next chapter! The first chapter was champagne reading!
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Steve Navra said:Please indicate by poll or other if you wish me to continue.
Mark Leo said:Keep it up Steve, I was just getting into that.
Obviously a greater understanding of your principles is required. Otherwise people will just go on making expensive mistakes and wasting time.
Mark Leo said:PS I'll buy the book when it comes out as well!
Yes, and I REPEAT that the question was asked in the context of one SPENDING the equity.see_change said:"When someone asked Steve what would happen if the value of the properties did go down for five years, his answer was " a Disaster ".
see_change said:In one way he looks at Cashbonds as a way to satisfy the banks criteria for servicability , rather than actually relying on them to create servicability. He say he doesn't actually want you to spend the income generated by the cash bond, untill the money you are spending in the cash bond has been replaced by a similar increase in the value of the underlying asset.
Steve Navra said:Question to Forum members: Do you find this interesting and useful?
If you do, I will continue to take you through the process step by step all the way through to establishing a balanced portfolio that safely (With ALL the necessary buffers) allows you to cashflow the holding costs of the portfolio and allows you to live off your equity, through good, bad and indifferent times.
I anticipate that this will take at least 5 posts of this approx volume to complete the task!
Please indicate by poll or other if you wish me to continue.
PS: I do believe this full understanding will give EVERY level of risk profile the necessary comfort to enhance what they have and enough SANF to live off their capital.