My original desire was to see someone tell you to STFU, with your absolutely unwarranted negativity. No-where have i implied that having completed profitable developments gives anyone the right to tell others to STFU. You've come to that twisted conclusion all by yourself.
Fair enough, then why don't you tell me yourself and argue your point?
True, I can be negative on paying 250wk to own an IP unless it's worth 800k+. Having five is'nt any better, and claiming "ordinary" person is just not the case either.
Though I am very
positive that the objective of investing is to have those investments pay me, and not I pay them, at most within a few years of purchasing them. Even for houses on large blocks, even though they may require some extra payments.
Unless it is vacant land purchased dirt cheap (
), future residential and close to residential developments subsidised by other positive cashflow investments.
I'm also very
positive that when the time is right, these deals appear.
When the time is not right, better do something else. Time is on my side.
And imo 5-10% max of nett wealth is all that should be invested in financial markets, the rest being RE.
So if anyone thinks I've got it the wrong way round, please advise me of my misguided beliefs and point my on the straight & narrow path to eternal salvation.
It aint the first time I posted this either.
I'm also
positive that Daniel does not make with his own money the returns he's blurted out for many years.