Search results

  1. jingo

    Is the Buy and Hold Method still an appropriate strategy for building wealth?

    Challenging one's own investment path Great responses to this thread so far, with good debate - both for and against buying and holding RIP for the long term. One of the reasons I re-read Jan's book and posted the thread is because I am challenging the merits of our own investment path...
  2. jingo

    Is the Buy and Hold Method still an appropriate strategy for building wealth?

    I take the 20-30 yrs to mean total financial independence from buying and holding residential property rather than the time it takes to reach 1M and 50% LVR.
  3. jingo

    Is the Buy and Hold Method still an appropriate strategy for building wealth?

    Very true That's a good question PB. It would be interesting to know how long it took people here to reach the 50%LVR and 1mil equity. Perhaps there is a poll on this somewhere?? The 20-30 yr ride sounds like an eternity. What are people doing to speed this up??
  4. jingo

    Is the Buy and Hold Method still an appropriate strategy for building wealth?

    Hi Y-man, Due to your extensive experience I am sure that you are well on the way to rebuilding your portfolio. These are some of my stupid mistakes. Hindsight is a great thing! (Or is it!) 1) Fixing some of my loans at the worst time when rates were 8%! Ouch! 2) Dabbling in a...
  5. jingo

    Is the Buy and Hold Method still an appropriate strategy for building wealth?

    I like to think of the disclaimers used by the finance industry when marketing their managed funds etc "previous returns are not an indication of future returns" or words to that effect. Many finance writers point to the expedential rise in real estate values over the past 30 years or so...
  6. jingo

    Is the Buy and Hold Method still an appropriate strategy for building wealth?

    I spent the past week re-reading Jan Somer's book - Building Wealth Story by Story. No doubt people who have bought property over the past 20 years and have held onto it have made substantial profits. Residential property as an asset class has been a top performer over this time frame. With...
Back
Top