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  1. Ace in the Hole

    Using a buy & hold strategy, in how many years did you reach financial independence?

    I have a 6 year old, she's high maintenance!!! What I meant by getting rich is that I attempted to build my income to higher levels before trying to invest aggressive into property. Did that by building a business which creates cash flow/profits close 10-20 times that of my previous job.
  2. Ace in the Hole

    Using a buy & hold strategy, in how many years did you reach financial independence?

    Since buying our first IP we haven't sold any and were considerably financially free in less than 5 years. This was not achieved on average incomes though. I did not buy properties to get rich. I got rich to buy properties.
  3. Ace in the Hole

    Using a buy & hold strategy, in how many years did you reach financial independence?

    It would be interesting to know if anybody has achieved anything similar solely with a share portfolio. I'd imagine it would take a lot more patience, dedication, nerves and self control than doing it via property. It would be too tempting to not stick to a long term plan and take profits in...
  4. Ace in the Hole

    Using a buy & hold strategy, in how many years did you reach financial independence?

    What kind of growth do you require for the portfolio to grow at 100k/annum in equity?
  5. Ace in the Hole

    Using a buy & hold strategy, in how many years did you reach financial independence?

    It's good once you get up the exponential curve a bit with a bit of equity behind you, but the OP said starting from zero assets. Getting off the mark is the hardest and longest part of it all. I highly doubt anybody could do it absolutely passively in 10 years starting from zero, on a...
  6. Ace in the Hole

    Using a buy & hold strategy, in how many years did you reach financial independence?

    I'd guess they'd be few and far between, anybody who started with nothing and invested in property completely passively while generating an average income. This would be a relatively slow method. Many of variables though. Personal incomes can increase a lot over time. And, what's the definition...
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