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Dear Forum Members, Please accept my apologies for the unpleasantness of the previous post. I try my best to add value to this forum and have always been happy to answer any question. My extreme frustration is that I cannot refute a nonsensical and untrue comment. Clearly Bill.L DOES...

Dear Bill.L, You obviously DO NOT UNDERSTAND the DCT concept and how the actual trades occur. As such, you statement above is totally incorrect and is LIBELOUS. Courteously, I have invited you in for a free demonstration and explanation of the system, which you choose not to do...

Also: BT Colonial St.George (Soon :) ) Regards, Steve

If the fund was 100% in shares and the market dropped 20% then like any other fund, we would endure the decline. As we were 100% in the market we would not be able to buy more, BUT THE FLUCTUATIONS AND THE TRADING CONTINUE!! It is the extra value obtained from trading the volatility that...

Hi Keith, Okay this is a good response . . . many questions: :) I have allocated 4.5% GROSS yield to the property portfolio and OFFSET this with holding cost expenses. (IP expenses) Also, wherever I have mentioned the 4.5% yield I have mentioned that the...

Hi Al, I will work within a clients Risk Profile . . . and it is the education that allows them to move between catagories. An understanding of a concept removes the fear, so ultimately this is what creates SANF :) On the other hand there are clients that are so aggressive in...

Hi ArJay, Thanks for that :) DCT is another book :eek: However I think another round of SIG and possibly MIG will include an evening of discusion on DCT and the system :) So hopefully see you there for an actual demonstration. Regards, Steve

Hi Marty, I would need heaps more info :confused: 1) Current Gross asset value 2) Current debt. Note: Just the net equity alone is not good enough, because the CG on the gross asset base is part of the equation. 3) Current incomes (Serviceability assessment) 4) Current budget...

Hi Ebbie, I am in favour of weighting towards property initially , because of the greater leverage available. In setting up the Financial Plan, one has a general idea of what they would like as a future income and from that one can approximate what the Total Final Portfolio value should...

Hi Coach, Yes the draw down of equity (Lazy Dollars)which is then reinvested for further growth and income is a vital part of the equation, in the building stage. The ATO test is whether the money is used to acquire an income producing asset, which clearly the shares and the cashbond both...

Hi KS, Thanks for that :) Guys, please don't hold your breath for the book to come out!! After completing this forum post, I still have to write numerouse chapters on Rental Reality, Selection Criteria; Financing, Lazy Dollars, cashbond etc, etc, etc AND then combine that with the Dollar...

Well didn't you know that you were my proof readers :) (And critics too :D ) Steve

Hi Keith, Good summary to date :) And I am about to give my 2c worth . . . chapter 4 coming up soon. Regards, Steve

I think this has happened :D

Okay at last we are starting to agree :D The thread is indeed about Living off Equity. So far I have portrayed a method that might be used to get an investor into a position to be able to live off equity. Chapter 4 will show a working example of the cashflows of this position...

You asked for comments: Living soley off equity without CG or Income sounds risky to me. Wouldn't you run out of money eventually? Then like Duncan you would have to go back to work at 70 years old! :confused: So tell me Kiethj, is this really your definition of LOE or were you...

Hi Kiethj, We are obviously talking at cross-purposes here: If you want 100% guaranteed income you will get returns based on that low risk profile. (Cash rate about 5%) Also you will give up all your future capital growth. This might be your personal requirement in retirement, it is not...

But is it 100% GUARANTEED? Please can you detail your guaranteed income :D Regards, Steve

Hi Keithj, What you ask is just as guaranteed as: Are you 100% guaranteed to wake up tomorrow? Are you 100% guaranteed to always have a tenant? Are you 100% guaranteed to be able to get a loan and maintain the same interest rate? Are you 100% guaranteed to always have a job? Are you 100%...

Hi Kiethj, This is good, especially as you agree with 1 & 2 & 5 (Even though I haven't presented 5 yet :) ) I accept that you do not agree with 2 and 3: If so what exactly do you disagree with? And MORE IMPORTANTLY what is YOUR SOLUTION to whatever it is that you find disagreeable...