and once again HG shows his true understanding of the concept, being unable to appreciate that you DO NOT HAVE TO SELL to make a profit.
Are you trading now HG? Are we about to have an on paper vs real profit discussion? Because I'd really like to know how many of the really wealthy in the world actually hold their wealth in a CBA term deposit.
You seem to understand the concept of money as cash in hand only.
Your calculations and concepts focus purely on the yield and /or proceeds of sale, the cash that you can extract on a weekly/monthy basis. Humour us and run a few of your numbers again whilst trying with all your might to include compounding capital gains (even at 5%) into your equations.
Your admission about well located property in prime suburbs surely must lead you to believe that CG is not only a possibility but close to a certainty (barring war or massive natural disaster).
Tell me. If you invest for cash flow only, aren't you then speculating on a) Having tenants and b) Maintained or increasing rental returns.
Whilst you're busy speculating on those fluctuating factors why not add CG to the mix. You might find the numbers do stack up.
Cheers,
Arkay.
Are you trading now HG? Are we about to have an on paper vs real profit discussion? Because I'd really like to know how many of the really wealthy in the world actually hold their wealth in a CBA term deposit.
You seem to understand the concept of money as cash in hand only.
Your calculations and concepts focus purely on the yield and /or proceeds of sale, the cash that you can extract on a weekly/monthy basis. Humour us and run a few of your numbers again whilst trying with all your might to include compounding capital gains (even at 5%) into your equations.
Your admission about well located property in prime suburbs surely must lead you to believe that CG is not only a possibility but close to a certainty (barring war or massive natural disaster).
Tell me. If you invest for cash flow only, aren't you then speculating on a) Having tenants and b) Maintained or increasing rental returns.
Whilst you're busy speculating on those fluctuating factors why not add CG to the mix. You might find the numbers do stack up.
Cheers,
Arkay.
Last edited: