Happy New Financial Year 2012
- Thread starter Rixter
- Start date
The same to you Rixter and hope its a successful and happy year too for you.
I am hoping this new FY will be better than the last.
I have quite a lot of loss to recover.
I hope to get a sale of a property very soon and that will help.
My venture into shares was/is woeful. I hope to live long enough to recover that loss.
All in all it can only be up from here.
yes l try to be positive.
Yes l know where l want to be
Yes l look for oportunities
I cant see the wood for the trees though lately
I look forward to reading of many more successes within the SS family this FY
cheers
yadreamin
I am hoping this new FY will be better than the last.
I have quite a lot of loss to recover.
I hope to get a sale of a property very soon and that will help.
My venture into shares was/is woeful. I hope to live long enough to recover that loss.
All in all it can only be up from here.
yes l try to be positive.
Yes l know where l want to be
Yes l look for oportunities
I cant see the wood for the trees though lately
I look forward to reading of many more successes within the SS family this FY
cheers
yadreamin
I'm doing the most illogical, irresponsible thing and purchasing a new car....I don't care....I'm just going to do it
Happy new financial year
Cheers
Jamie
What are you going to get Jamie? A porsche??? you would look good in a 911
Pay off the PPOR.... That will be a great day.
Well.....I've just used up every spare bit of cash and bought myself a cashbond.
I'm now off to the Bank to start LOE.....should be a hoot !!
I wouldnt use a CB to LOE but you will be pleasantly surprised with the extra shed or three rental income generated!!
.
Nice.
Happy NEW Financial Year too.
Happy NEW Financial Year too.
Happy New FY
Happy new FY too.
Well this year will be pretty boring with paying down our debts. We stretched ourselves probably a bit too much with our fifth IP in the last FY. Include a wedding and month in Africa last year as well and we are definitely due a year of boring old saving...
Happy new FY too.
Well this year will be pretty boring with paying down our debts. We stretched ourselves probably a bit too much with our fifth IP in the last FY. Include a wedding and month in Africa last year as well and we are definitely due a year of boring old saving...
Why pay it off?
I had the same bad thoughts recently but decided to access the equity and gear it.
Hopefully the GFC will help keep interest rates low for a few years
You know it! You'll see me cruising the mean streets of Queanbeyan.What are you going to get Jamie? A porsche??? you would look good in a 911
OK, maybe not.....I think I'll end up settling for something a little less extravagant. Let's not get too crazy now.
Cheers
Jamie
I was waiting for that response! Yes I know it is contrary to a lot of advice, but It is:
-A goal that I want to achieve
-Have just had a child and we are down to 1 income
-Will be good for my SANF
Once it is paid off we will go hard again. I'll be waving that deed around like beyonce shakes her *** to any bank that will listen.
So what's on the short list Jamie?
I was waiting for that response! Yes I know it is contrary to a lot of advice, but It is:
-A goal that I want to achieve
-Have just had a child and we are down to 1 income
-Will be good for my SANF
Once it is paid off we will go hard again. I'll be waving that deed around like beyonce shakes her *** to any bank that will listen.
That's ok, at the end of the day having a family and a life is also important.
The only problem with the title deed is finding a safe place to store it
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HI yadreamin
Sorry to hear of your shares story. I used to be so much fond of playing shares, but now I think nothing better than properties--the beauty of property game is it's leverage, while with shares, margins borrowed will always have to be paid back into your account when the share prices went done...
If you really get onto a spreadsheet/Excel, and with some simple scenarios analysis, shares are not really any good game to play compared with properties..
Me too still have jammed shares but I am not much in a hurry to sell..but will certainly find a way out at due time and not playing that game anymore...
Don't get discouraged--I am sure you will find a way out and as you said the prices will hopefully have only one way to go, that's up...just a matter of time, and a bit patience, wile on ther other hand, decisiveness is required for a stop-loss strategy sometimes...
Sorry to hear of your shares story. I used to be so much fond of playing shares, but now I think nothing better than properties--the beauty of property game is it's leverage, while with shares, margins borrowed will always have to be paid back into your account when the share prices went done...
If you really get onto a spreadsheet/Excel, and with some simple scenarios analysis, shares are not really any good game to play compared with properties..
Me too still have jammed shares but I am not much in a hurry to sell..but will certainly find a way out at due time and not playing that game anymore...
Don't get discouraged--I am sure you will find a way out and as you said the prices will hopefully have only one way to go, that's up...just a matter of time, and a bit patience, wile on ther other hand, decisiveness is required for a stop-loss strategy sometimes...
The same to you Rixter and hope its a successful and happy year too for you.
I am hoping this new FY will be better than the last.
I have quite a lot of loss to recover.
I hope to get a sale of a property very soon and that will help.
My venture into shares was/is woeful. I hope to live long enough to recover that loss.
All in all it can only be up from here.
yes l try to be positive.
Yes l know where l want to be
Yes l look for oportunities
I cant see the wood for the trees though lately
I look forward to reading of many more successes within the SS family this FY
cheers
yadreamin
HAPPY EOFY everybody
My goal/s
pay down some debt (recoup some savings)
Hubby and I both updated cars this last year (at least his is 100% business
We will actually get a decent depreciation back for his old ute so will offset the update
Contine growing 1st biz (up 9% 2010-11 YAY!! )
Continue aggresively growing 2nd biz (Aiming for 100% growth) This will mean throwing $$$$ at it.
Trip to Tassie in January to keep us motivated to buy land/house in 2013 (plan to move in 2014-15)
My goal/s
pay down some debt (recoup some savings)
Hubby and I both updated cars this last year (at least his is 100% business
We will actually get a decent depreciation back for his old ute so will offset the update
Contine growing 1st biz (up 9% 2010-11 YAY!! )
Continue aggresively growing 2nd biz (Aiming for 100% growth) This will mean throwing $$$$ at it.
Trip to Tassie in January to keep us motivated to buy land/house in 2013 (plan to move in 2014-15)
