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Looking back over your investing journey, what would you do differently to improve your wealth today?
Mine would have to be to keep buying an IP each year following my first purchase in 2000 and not wait until 2005 for the next one! Definitely learnt from this
Looking back over your investing journey, what would you do differently to improve your wealth today?
I would have gotten an offset against my PPOR, rather then just going the redraw option.
The only thing I wish I could change, was the age I was when I first bought. Buying this house has triggered this investment obsession - I just wished it happened when I was 18!!
23 isn't too bad though...
It's more about what you buy not when you buy imo. You're young and can afford to fail so should take more risks, definitely don't settle for smallish 300k things and so forth.
i would have listened more to some people, and less to others ... i would have sat down and worked out my destination and worked out how to get there before setting out on the journey and making things up as i went along ... i would have analysed the deals i made money on and repeated them instead of trying new things ... i would have kept the emotion out of the purchases.
Hmm.. didn't get this one...can you elaborate?
Skater - what sport did you do?
AndrewT - 23 is still very young to buy a house and you had the guts to start so imagine where you'll be when you're 40!