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    The "don't"s of wealth creation

    I'd like to summarise my do's and dont's in basic form. Do's. Buy well, get your depreciation reports in order and maximise cashflow, you want to feel strong if any unforseen costs arrise. Wait for many years, but constantly watch and question your investment performance. For instance...
  2. I

    The "don't"s of wealth creation

    Great observation there, really..
  3. I

    The "don't"s of wealth creation

    I think you may be taking what I said a little too seriously, which I've found is not uncommon amongst SS'ers.. :rolleyes: You don't sell a good asset you bought just 14 months ago when it's only moved up 7%.. Or else you will lose all your profit and to enter the market again will COST you...
  4. I

    The "don't"s of wealth creation

    Here's my list in a nutshell without the jam in the middle Do's: Buy some property, preferrably as much as you can comfortably afford. Wait for equity and rental returns, monitor your portfolio in the meantime to make sure you aren't missing anything, then decide how you want to retire...
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