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There is nothing wrong with DCA. Only variation I can suggest is say you want to invest once a month. Try to have a plan where instead of $6K per month you start off with say $6K and then next month if the market is higher then you invest $4K if the market is lower you invest $8K. This way...

Good luck RH. I am sure you will get there. Cheers, Oracle.

Good luck RH. I am also doing the same and working towards building a bigger asset base through resi. property. Earlier I did decide to liquidate my share portfolio but at the last moment decided not to. My share portfolio is a very small % of my overall assets. Reason being I am happy to...

I don't think shares was your problem. I think it was the margin loan. You could have tried reducing your LVR on margin loan to much more conservative levels. Sure it means less profit if the market moved higher but it also means less stress about being margin called. Anyways, you have to do...

I don't know Ridin-Hign's personal circumstances so cannot comment. But generally the answer is NO. (PS: Riding-High did mention his parents own a few IPs outright and live of rents.) Cheers, Oracle.

My point was the $120K he has invested in shares buying assets worth $335K. He could have invested in resi. property worth upto $1million. Even at a fairly modest return of 5% CG he would have made $50K on the $1million investment. To earn $50K on the $335K he would need to make 14.92%...

First of all congratulations on achieving what you have at such young age!! Based on the above two comments and what you have achieved so far I would say you are not aiming high enough. I reckon you should aim for a lot higher and push your retirement plans bit further. With the number of...