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  1. HotRod

    What's your biggest financial mistake ?

    Let me make you feel worse. We bought a duplex in SH (two 3x1s) for $196K in 2003. We had a cash offer of $1M ealier this year but with the next rent increases to $3500pw it could be valued at around $1.5M on a 12% yield. Tempting, but it puts about $100K after tax into my pocket each...
  2. HotRod

    What's your biggest financial mistake ?

    Not the biggest but the one that hurts the most. Inherited $2000 from my grandfather in 1984 (when I was 17 going on 18) and had it invested in Geneva Finance. Knew nothing about risk v reward and it was "earning" 18%. Was due to mature in two months time, when I saw on the news that...
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