Well firstly Happy new yr to you all. I cant wait for this yr. Last yr was good but we will make this yr great.
I spent new yrs eve at my brothers house down in Sydney. Now I love my brother and his wife and the bub etc etc so alls good. BUT I cant understant them and everyone has always thought he is the "sensible one". My wife and I do keep our plans and actions to ourselves to an extent but what the family does know about our investing plans they think is wasting our good yrs which we totally disagree with but hey thats fine. Apart from my mum. She thinks its great as they got me into it but my dad had to sell there IP's as he stresses BIG time and it wasnt worth it for them.
Anyhow my brother has mentioned that he would like an IP or 2 but his wife and her parents are totally against them. Plus she doesnt want to work more than 1 day per week and she does stress about the $$$ situation.
Now they are a great couple and they did earn pritty good money before she had there kid a yr back. They are both high school teachers for catholic school system and head teachers as well. She often coments about lack of money bla bla bla but they have a $10k lounge as it "had to be made in Italy" and the $8k plasma they just got., the custom made engagement ring 1/3 his yr salary, the BIG wedding. Then last night they tell us how the father inlaw went to buy a Brand new car and took my brother with him so they both came home with brand new $30k+ holden astras. Same car, same colour same everything. They have a lovely big home in Baulkam hills (with the mortgage that goes with it). And look I think its great that they have these things but I just hate the fact that my brother busts his butt off and would love to invest it then on the other hand he wastes money on these items because he thinks well "The wife doesnt want to invest or work so I may as well enjoy the money now"
Anyhow thats my little gripe. I just look at all the $$$$ they have spent on things and think that could be doing seriously good things for them. And the funny thing is that the family all think my wife and I are the "money wasters" lol. I dont get these people. As with everything and as is always said "each to there own" I know. But I hear him talk how he doesnt want to be working full time past 40 and he is about 32 now. I think there plan is to just pay off there home and it will be there home for life as they love it. And now last night he mentioned they want to go up another level. More money. I just dont see how they plan to work so little yet do so little about it
Sure you can own your own home but then what? What do you live off for the next (hopefully) 30 or 40 yrs.
Jayro
I spent new yrs eve at my brothers house down in Sydney. Now I love my brother and his wife and the bub etc etc so alls good. BUT I cant understant them and everyone has always thought he is the "sensible one". My wife and I do keep our plans and actions to ourselves to an extent but what the family does know about our investing plans they think is wasting our good yrs which we totally disagree with but hey thats fine. Apart from my mum. She thinks its great as they got me into it but my dad had to sell there IP's as he stresses BIG time and it wasnt worth it for them.
Anyhow my brother has mentioned that he would like an IP or 2 but his wife and her parents are totally against them. Plus she doesnt want to work more than 1 day per week and she does stress about the $$$ situation.
Now they are a great couple and they did earn pritty good money before she had there kid a yr back. They are both high school teachers for catholic school system and head teachers as well. She often coments about lack of money bla bla bla but they have a $10k lounge as it "had to be made in Italy" and the $8k plasma they just got., the custom made engagement ring 1/3 his yr salary, the BIG wedding. Then last night they tell us how the father inlaw went to buy a Brand new car and took my brother with him so they both came home with brand new $30k+ holden astras. Same car, same colour same everything. They have a lovely big home in Baulkam hills (with the mortgage that goes with it). And look I think its great that they have these things but I just hate the fact that my brother busts his butt off and would love to invest it then on the other hand he wastes money on these items because he thinks well "The wife doesnt want to invest or work so I may as well enjoy the money now"
Anyhow thats my little gripe. I just look at all the $$$$ they have spent on things and think that could be doing seriously good things for them. And the funny thing is that the family all think my wife and I are the "money wasters" lol. I dont get these people. As with everything and as is always said "each to there own" I know. But I hear him talk how he doesnt want to be working full time past 40 and he is about 32 now. I think there plan is to just pay off there home and it will be there home for life as they love it. And now last night he mentioned they want to go up another level. More money. I just dont see how they plan to work so little yet do so little about it
Sure you can own your own home but then what? What do you live off for the next (hopefully) 30 or 40 yrs.
Jayro