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The bigger they are the harder they fall!. Good points, I have managed to have quite a lot of time out of the rat race, and I agree the most important thing is to work and be a part in day to day trading which is another reason I don`t like the idea the gurus uphold that we can all be rich...

That`s a good overview Bill. It`s interesting how people seem comfortable in predicting outcomes after they have a win or two. This market cycle was unusual in that it moved up fast, seemed to stop, and there was a point where I thought to be wise and sell, but I held on (as most do), then the...

Ok Grossreal, then so to begin with you are not living off equity, you are using the equity to leverage into more property, it is one thing to say you can and another to do it over a period of time without going backwards, and without working is the real issue, if you work and earn an income...

I expected that, it all depends I suppose on the details of how you draw the money and from where (PPOR or IP). My main point is that you are banking on a certain appreciation over time and time is just not cooperative or predictable. A balance of drawing on equity and rental returns is...

The bottom line is though that you need a lot of equity to begin even thinking about this strategy, and I would think most people would invest the money in some form of business where you would employ others and work as you like when you like. So "living off equity" becomes a non event, which...

The last bit you said there is right, but most on the forum are what you would call 50ks in the scheme of things, if they were rich or even close to financial freedom I doubt they would ask the question or need answers. As far as living off equity yes I also do this right now as well, and...