If you could go back to the start of your jouney

Discussion in 'Investor Stories & Showcase' started by 92dyl, 19th Nov, 2017.

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  1. 92dyl

    92dyl Member

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    hi, new investor looking to hopefully jump into my IP journey very soon.

    Thought this could be a good idea, not sure if has been done before or not....

    What is one thing you wish you knew or did at the start of your investment journeys?

    I would love to hear your stories/tips/advice, cheers!
     
    92dyl, 19th Nov, 2017
    #1
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  2. Beano

    Beano Well-Known Member

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    Location:
    Brisbane
    Buy young
    Buy more
    Buy in Sydney
    Don't sell
     
    Beano, 19th Nov, 2017
    #2
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  3. Ace in the Hole

    Ace in the Hole Well-Known Member

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    Been done many, many times before.
    A few days of reading the forum will reveal so much.

    In hindsight, I would have purchased more property close to train stations with rezoning likelihood and development potential.
     
    Ace in the Hole, 19th Nov, 2017
    #3
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  4. private_number

    private_number Well-Known Member

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    Melbourne
    I wish I didn't spend more than 120k on cars and car parts. I probably would have had another house or two.
     
    private_number, 20th Nov, 2017
    #4
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  5. 92dyl

    92dyl Member

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    Haha we have all been there!
     
    92dyl, 20th Nov, 2017
    #5
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  6. Stoffo

    Stoffo Well-Known Member

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    In the Tweed
    If I knew then, what I know now.......:D
    This post would have never existed :confused:
     
    Stoffo, 20th Nov, 2017
    #6
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  7. Bran

    Bran Well-Known Member

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    That I wasn't good at investing, and should stick every dollar in a bunch of LICs.
     
    Bran, 20th Nov, 2017
    #7
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  8. bobbyj

    bobbyj Well-Known Member

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    Sydney
    Wish I had't gambled on spec stocks on the asx
    Could've bought 1.5-2mil more sydney property which wouldve seen at least 50% gain by now.

    Hindsight is always 20/20
     
    bobbyj, 20th Nov, 2017
    #8
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  9. Xenia

    Xenia Well-Known Member

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    Told more people to F off and sooner.

    80/20 rule, spent more time with the 20% of people who have contributed positively to my life and jouney.

    Wasted zero time on justifying or explaining anything to the others because I don’t owe anyone an explanation on what I’m doing and why. But I would do exactly what I have done and still do without the effect of negative people causing me to question if it’s ok because it is
     
    Xenia, 21st Nov, 2017
    #9
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  10. Sackie

    Sackie Well-Known Member

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    Yeah but your having all that fun now tellin em where to go:D

    20171121_085500.jpg
     
    Sackie, 21st Nov, 2017
    #10
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  11. Xenia

    Xenia Well-Known Member

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    Zero tolerance
    Energy vampires make a huge difference to your success.
     
    Xenia, 21st Nov, 2017
    #11
  12. Eric Wu

    Eric Wu Well-Known Member

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    Location:
    Australia
    started earlier
    buy more
    find PC/SS earlier
    read more self development books.
    :)
     
    Eric Wu, 21st Nov, 2017
    #12
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  13. datto

    datto Well-Known Member

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    No real change to start off.....but at some point say 10 years ago I would have sold what I had and bought one expensive property in the city somewhere, make it a PPOR, rent a few rooms on the sly and then when the boom hits I'd sell and make a killing!
     
    datto, 21st Nov, 2017
    #13
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  14. Scott No Mates

    Scott No Mates Well-Known Member

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    If I had've saved the money that I'd spent on '3 for one cent' lollies when I was a kid...

    I'd have two dollars now.
     
    Scott No Mates, 21st Nov, 2017
    #14
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  15. oneone

    oneone Well-Known Member

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    NSW
    listen to mum
    be more ambitious with money
    go for a different career more aligned to who I am, so i'd have better chance of going far,then a career I will forever just do 'alright' in
     
    oneone, 21st Nov, 2017
    #15
  16. charttv

    charttv Well-Known Member

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    Perth
    buy houses instead of apartments. more land content is better
     
    charttv, 21st Nov, 2017
    #16
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  17. Gockie

    Gockie Life is good ☺️ Premium Member

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    If you know what you want to do, then there's nobody stopping you, but you?

    If you know this, go for it. Life is too short to be doing something you don't love.
     
    Gockie, 21st Nov, 2017
    #17
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  18. MTR

    MTR Well-Known Member

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    My World
    Buy more properties in USA in 2011
     
    MTR, 21st Nov, 2017
    #18
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  19. oneone

    oneone Well-Known Member

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    NSW
    I'm too much of a practical/cautious person (accountant) to go for broke
    I've just started on the side, baby steps. But its a constant regret of wasted youthful energy and time. Working to reach a financial state where I can do what I want and not slave for regular safe paycheck
     
    oneone, 21st Nov, 2017
    #19
  20. Colin Rice

    Colin Rice Mortgage Broker Business Member

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    Perth
    This ^^^^^ lol

    I would have bought more and sold less!
     
    Colin Rice, 21st Nov, 2017
    #20
    charttv likes this.
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