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The willingness to take a chance that one might fail is the secret behind success - Jimmy Carter. and Success is an attitude - some guy talking about Jimmy Carter One inspirational man, more for what he has done as post-president

nope - 20 years ago you just did it because it was the done thing.

gosh - i'm genX too, and suddenly thought how the genY would go thru life if there was no internet, no home computers and no mobiles phones. back in the days when you had to stand in line all lunch hour to pay your mortgage with a cheque even if both were at the same bank (no direct...

hmmmm - so somehow you think the government would have been better letting the economy fall into a depression instead of putting out a stimulus package (albeit i don't agree with how it was done)? how would, letting the economy fall on it's backside, be economically/morally beneficial for the...

the you've done well (i assume). so what's the problem?

wow - and just think where you'd be asset-wise if you'd bought a couple more little units before 2003 ... and then again in 2009 during the "recession". i don't "get" the mentality of this whinging younger generation. i am not that old (an x-er) but "way back when" you just decided to buy a...

only risky if you are uneducated (and i don't mean uni degree). unfortuately the masses "are" uneducated, and have no desire to educate themselves - so live in fear and take the soft/easy option. doesn't mean they won't make money/lose money - just that they minimise their losses to their...

very true and well said. a poor cashflow/capital gains performing leveraged property will amplify the poor performance and get you in trouble very quickly (that was my rollercoast speculative experience that nearly sunk us). a well purchased cashflow/capital gains property will multiply...

hey - i was one of them. nearly sunk us due to my very very poor decisions. basically i was gambling, not investing, and ignored many of the fundamentals. greed and panic about missing out got in the way. however, it was a priceless lesson. that doesn't discount that leveraging for...

the amount of leverage is irrelevant to the riskiness of the asset. if the asset is of a higher risk (ie, shares) than not leveraging does not make it less of a risk. property is a lesser risk - it is still a risk and i admit that i was burnt myself in property, but that was because i bought...