A Collection of Somersoft Forum Stories, Lessons & Updates

Discussion in 'Interviews' started by redwing, 5th Jan, 2012.

  1. redwing

    redwing Progress Not Perfection

    Joined:
    16th Mar, 2004
    Messages:
    8,533
    Media:
    69
    Location:
    WA
    It’s the numerous investors’ stories on the Somersoft Forum and within the property magazines that garner and maintain a lot of my interest; I love to read individual investors stories, strategies utilised and the lessons learnt along the journey…. no matter what the strategy is as the various property markets move up, down or sideways; I’m always hoping to pick up a gem or two to assist me on my own jourmey

    How investors at various levels have achieved additional portfolio growth or cashflow, mitigated their risk, or learnt lessons along the way as well as their practical insights into wealth creation and protection, are always of interest to me

    In the same vein the books,” Building Wealth Story By Story” by Jan Sommers and “Ordinary Millionaires” by the late Jim Mcknight are both great reads IMHO

    The Somersoft Interviews threads are worthy of a review also… but have been quiet for a while due I believe, to other circumstances; hence my thread here, as I dug into the depths and dredged up posts from the past, with an eclectic mix of posts from the forum and its members.

    If you are not happy with your story as/if posted below, please let me know and I’ll delete it ASAP; if it’s outside of my/the <EDIT> window parameters….then I’m sure a friendly Moderator will assist ;)

    I’d love to read your story if not included below, or even an update if you are indeed featured; as I’m sure I’ve missed many stories, and those that are included, may have additional updates and insights they are willing to add. The thread is also an somewhat selfish and indulgent one, as I put all of these interesting posts in in one place for myself :p

    The current sixteen (16) Official Somersoft Interview threads as posted in the General Investment Discussions and Resources are pasted below for ease of access


    Enjoy the read if you have a few spare hours
     
    Redom, Andrew_A and FormerLurker like this.
  2. redwing

    redwing Progress Not Perfection

    Joined:
    16th Mar, 2004
    Messages:
    8,533
    Media:
    69
    Location:
    WA
    Sim

    I found this great thread by Sim..not sure whom has read it of late :D


    Source
     
  3. redwing

    redwing Progress Not Perfection

    Joined:
    16th Mar, 2004
    Messages:
    8,533
    Media:
    69
    Location:
    WA
    Lawsjs

    And Jeremy's Law

    Source
     
    Last edited: 6th Jan, 2012
  4. redwing

    redwing Progress Not Perfection

    Joined:
    16th Mar, 2004
    Messages:
    8,533
    Media:
    69
    Location:
    WA
    AmostBob

    Another great read

    Source
     
    Last edited: 6th Jan, 2012
  5. redwing

    redwing Progress Not Perfection

    Joined:
    16th Mar, 2004
    Messages:
    8,533
    Media:
    69
    Location:
    WA
    Sanzy

    Sanzy's Commercial Story

    Source
     
  6. redwing

    redwing Progress Not Perfection

    Joined:
    16th Mar, 2004
    Messages:
    8,533
    Media:
    69
    Location:
    WA
    Andrew Jackson

    Andrew Jackson's story

    Source
     
  7. redwing

    redwing Progress Not Perfection

    Joined:
    16th Mar, 2004
    Messages:
    8,533
    Media:
    69
    Location:
    WA
    Toony

    Toony's Story

    Source
     
  8. redwing

    redwing Progress Not Perfection

    Joined:
    16th Mar, 2004
    Messages:
    8,533
    Media:
    69
    Location:
    WA
    Tcocaro

    Tcocaro's Story

    Source
     
  9. redwing

    redwing Progress Not Perfection

    Joined:
    16th Mar, 2004
    Messages:
    8,533
    Media:
    69
    Location:
    WA
    I'll give some time for you to digest those :D
     
    locko24 likes this.
  10. locko24

    locko24 Carpe Jugulum

    Joined:
    7th Apr, 2011
    Messages:
    1,143
    Location:
    Orange, nsw
    Where is your story mate?
     
  11. toony

    toony Member

    Joined:
    19th Mar, 2004
    Messages:
    796
    Location:
    Melbourne,Victoria
    Toony

    My story is from 5-6 years ago. Kids are now in year 7 (starts secondary school) this year and the other is in Grade 6.

    At as Jan 2012

    Portfolio is $2.5m with negative cashflow of $25k. This now includes a PPOR, 3 two bedroom units, a two unit development site with an old house in a Melbourne beachside surburb and a holiday home in the high country near Mansfield that is on the holiday rental market.

    I am still working and my wife works part time. Same strategy but now have the holiday home. Its a lifestyle investment.

    No more acqusitions for moment. I would like to develop the development site but probably cannot raise the money as I blew it on the holiday home. But having said that, after inside renovation, the property has almost doubled in 3 years.
     
  12. redwing

    redwing Progress Not Perfection

    Joined:
    16th Mar, 2004
    Messages:
    8,533
    Media:
    69
    Location:
    WA
    Thanks Toony

    Great to get the update as the original post was back in '06
     
  13. redwing

    redwing Progress Not Perfection

    Joined:
    16th Mar, 2004
    Messages:
    8,533
    Media:
    69
    Location:
    WA
    DaleGG

    From the vaults of 2002 another SS Retiree

    Source
     
  14. redwing

    redwing Progress Not Perfection

    Joined:
    16th Mar, 2004
    Messages:
    8,533
    Media:
    69
    Location:
    WA
    Lissy

    Another one from the vaults of 2002 that is a great read

    Source
     
  15. redwing

    redwing Progress Not Perfection

    Joined:
    16th Mar, 2004
    Messages:
    8,533
    Media:
    69
    Location:
    WA
    Rob Williams

    A well read thread on the forum from 2009 however, I've included Rob's post on his mindset journey also

    Source

    Source
     
  16. redwing

    redwing Progress Not Perfection

    Joined:
    16th Mar, 2004
    Messages:
    8,533
    Media:
    69
    Location:
    WA
    Karina

    Another great post from Karina, this one from 2005

    Source
     
  17. redwing

    redwing Progress Not Perfection

    Joined:
    16th Mar, 2004
    Messages:
    8,533
    Media:
    69
    Location:
    WA
    HandyAndy888

    A 2008 (short version) post by HandyAndy888

    Source
     
  18. redwing

    redwing Progress Not Perfection

    Joined:
    16th Mar, 2004
    Messages:
    8,533
    Media:
    69
    Location:
    WA
    Meatgroup

    And another investors story from 2008, this one by Meatgroup

    Source
     
  19. redwing

    redwing Progress Not Perfection

    Joined:
    16th Mar, 2004
    Messages:
    8,533
    Media:
    69
    Location:
    WA
    Darren1968

    Please find below a great story from 2007 by Darren1968 on his PPoR with photo links included


    Source
     
  20. redwing

    redwing Progress Not Perfection

    Joined:
    16th Mar, 2004
    Messages:
    8,533
    Media:
    69
    Location:
    WA
    Starter

    Starter's story from a 2010 post

    Source