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  1. paulzag

    Reality check folks

    Reply: 3.1.1.1.1.1.1.2.2.1.2.1 From: Paul Zagoridis On 5/30/01 10:32:35 PM, Gary Smith wrote: >>> This level of gearing is conservative to normal. >presumably talking >about 80% LVR real estate, but >I'm not sure) Yes > >Don't you see a contradiction >here? You were wiped out >because...
  2. paulzag

    Reality check folks

    Reply: 3.1.1.1.1.1.1.2.1.1 From: Paul Zagoridis That's one of the difficulties in REI (and also in other active investments). You can't duplicate outstanding success every year, plus you have to deal with tenants or tradesmen or buyers. Plus there is the usual dealing with finance and tax...
  3. paulzag

    Reality check folks

    Big percentage returns Reply: 3.1.1.1.1.1.1.1.1.1.1 From: Paul Zagoridis I've made money in real estate, listed securities and business. I've occasionally also lost more than I've made in all three as well. The only time I've been wiped out was over-gearing when 1st mortgage rates hit 18%...
  4. paulzag

    Reality check folks

    Big percentage returns Reply: 3.1.1.1.1.1.1.1.1 From: Paul Zagoridis I wasn't going to reply to him either. But I like this thread on returns in property. Leveraged plays that return 300%+ are available in commodities markets, but if you time it wrong you get wiped out. You don't end up...
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