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  1. Ace in the Hole

    Introduction - young investor just starting out :)

    Thanks Rix, Wasn't even a "real" business at the time. Simply imported a container of home grade pub sized pool tables from China and they just sold themselves online, eBay, Trading post, etc... Cost 12k for the container of product and it was all the money I had, did not have a lot of...
  2. Ace in the Hole

    Introduction - young investor just starting out :)

    I can only speak from personal experience and offer my opinions. When I started I was focussing so much on property, thinking it was the only chance I had to make it financially in a relatively short time. Soon enough I realised I'd have to increase cashflow to be able to invest more...
  3. Ace in the Hole

    Introduction - young investor just starting out :)

    Good post. It certainly would be hard to achieve based on his current position, but 9 years is a long time and what's hard now will be easy in 9 years if experience is gained in that time. Passively investing in resi property is not going to cut it, ignore what all the magazine stories...
  4. Ace in the Hole

    Introduction - young investor just starting out :)

    I'd advise a strategy of generating equity without having to rely on capital growth, then you'll be golden. Any capital growth in the meantime will be a bonus, but I don't think you should rely on it in your plans. Work Hard !
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