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    Living off equity – a Reality Check

    Probably as secure as any other loan. I have heard of people with no history of late payements , being given notice by the bank to repay the loan. If you read your loan documentations , most loans give the banks the option to do that. Of course no one expects a bank to act irrationally , but...
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    Living off equity – a Reality Check

    So does this mean that anytime someone wants to make comments that question your methods , they have to give a full rundown on how they invest ? I think that would make this place very repetative and boring.... :confused: Way Solid , You mentioned Tech /A and Peter Spann. While Peter has...
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    Living off equity – a Reality Check

    I was thinking about your above list overnight , and realised that, while there are many different views on the forum on how to invest , most of the time people don't necessarily attack other peoples views on investing . Most of the time people seem to accept that there are just different ways...
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    Living off equity – a Reality Check

    My personal experience has been different to this Steve. In my experience the more money you make , the better you get at making it and the quicker you make it. It took us about 16 years to get to a level where you told me where we could retire and live off equity , but that was because we...
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    Living off equity – a Reality Check

    You're getting out of date with your platitudes Sim' . Didn't you know that roses smell like poo poo poo.... :eek: See Change
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    Living off equity – a Reality Check

    Now I know what Bill feels like ...... First point , though unrelated . My understanding of the internet is that when someone starts writing in enlarged bold writing , is that they are doing the verbal equivalent of shouting. I have met you several times before over the last four years, so I...
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    Living off equity – a Reality Check

    Hi Steve re Firstly I have been quoted as saying that without future growth LOE is a disaster. This is out of context: The question I was asked was: “If you are spending your equity and there is no CG for the next . . . years, what will happen?” To which I answered “That will be a...
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    Living off equity – a Reality Check

    This is one of the thing that Steve suggests, though he would suggest you buy a Cashbond with the drawdown from the LOC , as the income derived from the cashbond is treated by the banks as income , and thus increases your servicability. I'm more comfortable with this than using this for...
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    Living off equity – a Reality Check

    Steve, Thought the answer to this would be fairly obvious. At the moment you can still sell for reasonable prices in most places, and very good prices in some places . ( just had two people sign contracts on the first day of an open house in rocky :) ). If the market does go pear shape...
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