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  1. S

    Plenty of equity but no servicability

    Lau, as usual I have not made my point well. I have no objection to people pushing the envelope and taking a big bite. I am just calmer than most here and don't understand the urgency. 30 years is a long time and it is much easier to compound your capital later on. In one's earlier years the...
  2. S

    Plenty of equity but no servicability

    Don't bother calling me a grouch, it's already been said, but I have a problem with the concept that there is an obligation on "someone out there" to lend you money. Them what has the cash have the right to choose their own risk/reward criteria.
  3. S

    Plenty of equity but no servicability

    And I went on and asked why the poster should stress out about it. If you think I was off topic, fair enough. But surely now you can understand why I object when people half my age give me advice when it is clear none is being asked for?
  4. S

    Plenty of equity but no servicability

    Clearly we have a different outlook on life. The biggest is probably that I see no benefit in stressing out to borrow funds to buy a dodgy asset. Can't you hear the distant drums?
  5. S

    Plenty of equity but no servicability

    Plenty of equity but no servicability If you can't afford it don't buy it. :D
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