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  1. skater

    From $0 to $5.6 Million in 4 years

    Me too! :D
  2. skater

    From $0 to $5.6 Million in 4 years

    At 80% LVR there is little room to move, unless part of that 80% is a nice large undrawn LOC waiting for emergencies. Now, let's just suppose you owe $1mil (using this as an example, as I don't know real figures). The repayments on this @6.5% IO are $65kpa, or roughly $5416 per month. Lets...
  3. skater

    From $0 to $5.6 Million in 4 years

    I bet Lil hasn't read this thread or else she would show her embarassment. :eek:
  4. skater

    From $0 to $5.6 Million in 4 years

    Gotta catch me first. I can be pretty quick with the skates on. :p :D
  5. skater

    From $0 to $5.6 Million in 4 years

    Hehe! Twice the fun? :o Again, I have acknowledged that he has done more than most would ever dream of. I just have a huge problem with misleading headlines, where people perceive (not us investors, but the general public, as such) that someone has gone from broke to multimillionaire more...
  6. skater

    From $0 to $5.6 Million in 4 years

    It certainly isn't a competition, I agree. But not everyone CAN earn a high income, no matter how hard they work at it. I think it is more impressive for someone on an average wage to get in there and do it than someone starting out with all their ducks in a row, so to speak. I was not trying...
  7. skater

    From $0 to $5.6 Million in 4 years

    LOL! I might enjoy that! :o I agree, he has done what most would not, which why I mentioned it here.
  8. skater

    From $0 to $5.6 Million in 4 years

    I'm going to go out on a limb here. Please, before anyone tells me off, I am not at all trying to pull down Quyen's acheivement, because it certainly is an acheivement, but I am merely trying to put it in perspective. There are countless stories of investors that have a similar headline...
  9. skater

    From $0 to $5.6 Million in 4 years

    This person has $5.6 mil in property, not a net worth of $5.6 mil. Admittedly that is more than the average person, but what is the LVR?
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