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I have some managed funds, maybe a third of my portfolio. Were doing amazingly well prior to the GFC. Some are still up and some are down - similar to my shares I held. I still have so much to learn but I do know a lot more than I did when I was 20. I would love to pass it onto a 20 year...

I am not making fun of you. Just pointing out that it is a huge undertaking compared to buying a normal IP. Can you tell us some more about what you have done? Maybe go through a deal in detail - best in a new thread I think. I am sure it would be very well received - I know I'd love to...

Wow - sounds easy when scribbled on the back of a coaster like that.

Need an awful lot of these to retire I imagine? Generally one sacrifices growth for yield and vice versa. Of course the recent boom made even the most regional of towns look great as they showed prices doubling in three years - what the spruikers didn't show was the flat growth in the 20...