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  1. oracle

    1million in Equity!

    Ok. Let me be more specific. It's the strategy that I have decided to adopt which I believe will be best suited to me. I have 30+ years to go before I retire. Will hit the 30years mark in exactly 3 days time :) I have decided to allocate the first 7-8years solely on accumulating assets...
  2. oracle

    1million in Equity!

    True. But did you know you will generate 2000% profit? I guess not otherwise you would have poured all you life savings into it and even borrowed some more. Someone, who bought in Perth during the time Sydney was flat at 90% LVR would have also experienced ROI of around 1500%. So you can...
  3. oracle

    1million in Equity!

    SF, I mostly agree with your post. The only dilemma I have is as you wait and wait in hope to time the market but you are not becoming younger by the day and if you have the cashflow now to support a slightly negatively geared property when in the eyes of the bank you are still a good...
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