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Not at all. I, like my mentors, only like businesses to be honest. To the extent the business involves a land bank component and it goes up in value, that's a bonus.

Agreed. Though I'd add if you're under 30 and have had a cushy "high" paying job (noted the word as what's high for some might not be for others) for over 4 years and can't afford to retire comfortably on 100k+ passive income, you'd better check your investment strategy/expenses. Agreed. All...

I said the first 2 things in my first post on this thread without reading a book ever on this stuff. Proves one thing again, fastest way to make money is to write a book.

What about winning tattslotto? Or buying FMG at $1.00?

Low risk low return, that's all. If you had a successful business, you could build a property portfolio in one year that would've taken 10 years. In fact you wouldn't even do that because it's such low returns. You'd keep growing your business. Which is why most successful business people...

Thanks I can't wait for this break to kick in... like literally breaking your back. Whooaaaaweeeeeeee

http://www.theage.com.au/nsw/pm-pledges-extra-1-billion-for-lowpaid-workers-20120715-223r8.html Can I have a tax break pleaseeeeeeee?

Very interesting thread. Should make a disclaimer first. I'm in a PAYG job so am not the person you want to speak to, but I do have the work ethic (at work) of someone who if I was in charge I'd fire him on the day. So here's my thoughts and observations. A lot of things are hard to touch on...