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and another one...just handed in my notice!

Discussion in 'Investor Psychology' started by ellejay, 10th Nov, 2015.

  1. ellejay

    ellejay Well-Known Member

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    Kimberley and NZ
    I finally did it this week and it feels amazing. The boss has said he'll keep my job open for a year (which is nice I guess, and gives me options). So finishing in a few weeks and planning to 1) sun myself on amazing inflatable pool thingy with drinks holder for my cocktails 2) climb more hills in Victoria 3) a month in NZ including some ip reno 4) get up late and stay up late generally drinking and being silly 5) explore more options around business/income streams.

    So who's next?
     
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  2. D.T.

    D.T. Adelaide Property Manager Business Member

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    Grats Ellejay, we've been talking about this for a while. Glad you finally 'manned up' :)

    The "holiday" to NZ will increase their rents and give you a little more pocket money i guess. What do you think is on the cards in terms of #5? Come to Adel perhaps? :p
     
  3. HomePage

    HomePage Well-Known Member

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    Congratulations! It's been just over two years since my last day of work and it still feels great every day.
     
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  4. Brian84

    Brian84 Well-Known Member

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    Living the dream. Congrats. I wish I was next but I'm just getting started.
     
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  5. ellejay

    ellejay Well-Known Member

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    Ah, I'd love to Dave but I don't think I can borrow any more for Aus properties though the lovely peeps at ANZ NZ may take pity on me again and let me go for an Adelaide venture...you never know! Would love to see you and say hi anyway after all our chats.
     
    Last edited: 11th Nov, 2015
  6. ellejay

    ellejay Well-Known Member

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    Just keep at it Brian, it's very possible.
     
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  7. Daniel007

    Daniel007 Well-Known Member

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    Congrats ! How long did it take from when you first started investing?
     
  8. ellejay

    ellejay Well-Known Member

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    About fifteen years dammit! I did it the slow way though, with a break in the middle.
     
  9. Brian84

    Brian84 Well-Known Member

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    Yea thanks. I'm not one to give up :D
     
  10. Brian84

    Brian84 Well-Known Member

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    What would you do different if you had your time again.
     
  11. Jamie Moore

    Jamie Moore MORTGAGE BROKER - AUSTRALIA WIDE Business Member

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    Awesome - I like your list of things to do too :) Inflatable pool thingy and cocktails sounds amazing.
     
  12. ellejay

    ellejay Well-Known Member

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    Not much I don't think. I could have taken more risks, but then I've lived through a property crash and for me that dampens the desire for speculation. I've always tried to maximise my income from employment and that's allowed me to enjoy a good lifestyle despite what happens with my investments. I don't make a lot of sacrifices to invest, I try to enjoy today. I've tended to buy cf+ ips that tick along and often do as well in capital gains as some of the major city ips that we hear so much about (except of course where there's a boom). Too busy being happy to think back on what I could have done :)
     
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  13. Blacky

    Blacky Well-Known Member

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    Bah humbug. Another one gone. They are dropping like flies.

    Meanwhile here I am tapping away at work :(

    Congratulations. All the best - Nice thinking your biggest challenge will be to master the next cocktail 'just right'.

    Can I ask how old you are?

    Blacky
     
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  14. ellejay

    ellejay Well-Known Member

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    Can't bring myself to reply, I've pm'd you :)
    Anyway, as if I'm gonna be making my own cocktails!
     
  15. datto

    datto Well-Known Member

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    Good stuff ej.
     
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  16. Brian84

    Brian84 Well-Known Member

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    Well done. How many properties do you have and what location are they in if you don't mind me asking?
     
  17. Michael_X

    Michael_X Mortgage Broker Business Member

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    Congrats Ellejay!

    Having choice be it cocktails or hill climbs is what it's all about :)

    Cheers,
    Michael
     
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  18. ellejay

    ellejay Well-Known Member

    Joined:
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    Location:
    Kimberley and NZ
    1 ip in UK
    1 ip in Shellharbour
    ppor near Wodonga
    6 ips in NZ.
    2 more on the way.
     
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  19. Bargain Hunter

    Bargain Hunter Well-Known Member

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    Congratulations and welcome to the club.
     
  20. Lacrim

    Lacrim Well-Known Member

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    Hi Ellejay congrats.

    Are you solely living off excess rents or is it a combo of equity/rent?

    Also is there a partner working to help the transition?

    Sorry if I'm prying - just trying to understand the 'how'.