Looking forward to further breakthroughs in medicine/bio tech.. If i have enough money to extend my healthy life expectancy to 150+ I would pay nearly any price
you could get gains on ip's for 200 years: cool
Another reason to continue investing
- Thread starter WillG
- Start date
you could get gains on ip's for 200 years: cool
you could get gains on ip's for 200 years: cool
Imagine all the knowledge you could aquire, all the things you could do, how wealthy you could be.. if you lived for that long
hahaImagine all the knowledge you could aquire, all the things you could do, how wealthy you could be.. if you lived for that long
Yes! but then again we might be a brain in a glass jar, full of liquid, not fun
I like your style csc, I reckon I've got more and more cynical as i have got older (now just near 50). I quite agree with the idea of being over the hill at this time of my life. Never have i worked harder and yet enjoyed it the least, and most of the time I'm just so bl##dy tired!!!.
Re; super, the idea that the vast majority of people take on board that all they have to do is to keep nurturing their super is very misleading and futile.
I would guess anyhow that huge numbers of people once they have access to their super blow it away in short time and then put their hand out for the pension and say indignantly "well I'm entitled to it, I paid my taxes over the years!"
Not only is this a disaster but think of the whole class of super fund managers and financial planners whose whole existence seems to be focussed on sucking you into the next managed fund or super fund product, etc These people to me represent leeches in a swamp.
Recently I went out with some "friends" and of course after a while the topic turns to the economy (naturally enough as numbers of people are concerned about their futurues especially when you are around the 50 mark) and I of course was once again routinely poo pooed for being a property investor as though I was some sort of rich ******* or greedy capitalist pig. This time though instead of getting embarrassed and awkward I just let fly on a few of them and without severing the bonds of friendship (I mean what's life about after all if not about friends and loved ones) gave a withering burst on the pathetic nature of super, how at the rate of 9% it will never provide enough funds at the time it is needed and then got stuck into the aforementioned sub-class of leeches, etc ad nauseum.
Crikey did I upset one or two! A comment came back at me stating that "ha ha" the property market was dropping by 30 to 40%! I didn't have the energy, and I was fighting a losing battle anyway, to advise that all my inner city well located props worth over 3 mill had risen by $200K in the past 18 months with no signs of slowing down but I suspect they would not have believed me.
Nevermind, talking about money is always a sensitive topic at the best of times, but on the odd occasion prop investors need to stick up for themselves and talk plainly about how it really is and that the vast unwashed will stay that way until they get a hold of the fact that big brother (ie; govt's of all sorts) will not look after them nor is it in their interests to do so anyway except for the most needy and underprivileged in society.
Regards
Big Rog
Big rog, we all mostly get this and some don't come around any more , i am sure its a jelous thingy,
My wife said why? as we are their to talk help and have fun , its now a one way street.
So i thought about it a bit and told her that the problem is theirs, and im not sad about it at all , because at the end of the day we are here to satisfy us, and as i get to speak to like minded millionairs, all over aus most nights, and mornings that are the greatest bunch of supporting people i have ever had the pleasure talking to!
SO with the others WHO CARES! certainly not me!
My wife said why? as we are their to talk help and have fun , its now a one way street.
So i thought about it a bit and told her that the problem is theirs, and im not sad about it at all , because at the end of the day we are here to satisfy us, and as i get to speak to like minded millionairs, all over aus most nights, and mornings that are the greatest bunch of supporting people i have ever had the pleasure talking to!
SO with the others WHO CARES! certainly not me!
Great post Big Rog, kudos!
Totally agree with your about Super. For the majority of people (unless you're in very high paying jobs), all super will do is replace the govt. pension with their own privately funded pension.
Sorry, but I want to live life well, not worry about how much I get coming to me each week and making it last.
Totally agree with your about Super. For the majority of people (unless you're in very high paying jobs), all super will do is replace the govt. pension with their own privately funded pension.
Sorry, but I want to live life well, not worry about how much I get coming to me each week and making it last.
If you are referring to PAYE work - we are about 6 months away from not needing it again. I'll be 48, wife 38.
(I'm not happy - I'm 8 years behind schedule - was supposed to happen at 40!)
But will we keep working? Definitely.
She - likes work, and will do agency (casual), have another baby.
Me (us) - have the businesses, find new projects (property and business), golf, boat, family, entertaining, travel.
Pension - what's that?
