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Yep. Post 2008 I'd punt all capital cities have been flat. That's the cycle. Read Jan's books. Now the growth cycle is here. No it doesn't worry us. The system is LOE ....not LOG ( Live On Growth ...I just made that one up !). When I jumped we had enough equity for "years". Bank is happy. No...

ahhh yeah ...but it ain't that simple. IF you're self employed and IF you own the commercial premises the business occupies then the strategy 'gels'. But for the average wage slave with wife and kids (and I was one up to 55) nothing but nothing beats a geared resi IP portfolio OUTSIDE super...

You have to build up your equity for LOE (now, that's stating the obvious huh) .We bought our IPs from 1986 to 2008. I became "unemployable" in 2008 and we went LOE (after having the IPs valued and getting the largest LOC we could get.) Don't kid yourself devank you still have all the records...

Still LOE - just now LOE plus To be clear ...Our main investments are still resi (20+ IPs) and the LOE strategy remains very much intact and working fine.... But after age 60 ...SMSF in pension phase (no employment/salary) is a tax free environment. No income tax. No CG tax. This seems (to...

Clearly you're not paying for the SS server costs. LL

#1 You are lucky to have hair to pull out.:) #2 Do you want to try for a more intelligent post ? LL

Exactly which red tail-light did you fail to follow ? Or are you just asleep at the wheel ? LL

If you got f-d up by the GFC then you had most of your assets in stocks and just maybe leveraged to boot. Well, what a f-in idiot !! I can't help you. You deserve every poke up the kyber you got. (1) Have most of your assets in property. (2) Only put in the (stupid) stock market $$ you can...

it's the truth I tell the truth "I don't own any, they are all owned by the bank". OK ..it's a half truth as you need to know the equity position but that's fine print. Truth is we did own a few outright but we sold most of them, dumped the money into the SMSF and it's now invested in the...