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A point of order! Does TDOALT that you could not afford count? I wouldn't say so.

Dazz, your post confirms two things: That we do indeed march to different drums (Big surprise, not) and that TDOALT will mostly take years to show to be true or false. I'm thinking of the guy Stadardt (?) who financed a F1 team Mark Webber drove for once. He bought a couple of old aircraft at...

I didn't realise I was only speaking for myself. So let's rephrase: You march to a different drum than I, Dazz.

We know you march to a different drum Dazz.

That would have been hard to pass up :( but this comes back to a worry of mine: If you are always invested to the max, buying "what you can, when you can" just how do you grab that one in a million deal? I like to keep some dry powder.

By my figuring, it may take years for a deal to show as TDOALT so patience is needed. I've told you about mine: a gold prospector becoming a fully fledged miner. You don't know if you're right about that for years. :)

I married my sweetheart. Does that count?

The seminars I went to decades ago (haven't been to any since :)) stressed how important your income was because in the early years, that is all you have to leverage. I have been guilty myself of saying "Making a living interferes with making money!" but I will concede that in the early stages...

I also said that you needed an understanding of broader markets. In it's simplest sense, if you are always hocked up to to your eyeballs in res property, how can you "take a position" when you meet someone who is in dire straits and offering you his car CASH TODAY? At a macro level, your post...