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  1. L

    Living off Equity - is this still an option?

    G'day Bill.L You said this in your reply to Steve Navra (way back about 3 pages - this thread is HOT!!):- Well, on the surface, you might "sound" correct - but, Bill, hasn't the $2,000,000 worth of property just jumped to $2,500,000 ???? Thus, a total of $1.8m loan(s) against $2.5m...
  2. L

    Living off Equity - is this still an option?

    G'day Salsa, In case you are getting confused, this is "slightly" incorrect:- In the above example, Julie was posting, not Simon. They seem to share a Login name. Not wanting to "nitpick" here, but since Simon has been posting in this thread, I thought it important to...
  3. L

    Living off Equity - is this still an option?

    G'day Simon and Julie, Yeehaaa!!! Now that's WAY BETTER than a gold watch !!! Well done, both of you - you're a bloody inspiration to this "young" bloke :D And, Jamie, thanks for bringing an important point forward (i.e. what's the DEFINITION of LOE?) We can argue for...
  4. L

    Living off Equity - is this still an option?

    G'day Gross real, My post followed yours, but my reply was not considering just your posts. I was thinking more of "living off ONLY equity gains" (which is how I consider "living off Equity" as I've read of it). Heard it from Investor Club and others - and reckon it can work...
  5. L

    Living off Equity - is this still an option?

    G'day all, I've heard a number of ideas over the last few years re this "Living off Equity" - and I reckon I can believe in it - but...... It would be worthwhile to consider that borrowing off Equity is going to cost more - so, if you need to have $100k per year to live, I'd be...
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