Knowing what you know now...

Discussion in 'Investment Strategy' started by Sackie, 12th Feb, 2016.

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  1. Xenia

    Xenia Well-Known Member

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    Not at all just the realisation that I have allowed a lot of people to waste my time and the only regrets I have in life is not cutting them off sooner.

    Knowing what I now know, I would ignore them sooner and focus on what adds value to my life.
     
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  2. Bran

    Bran Well-Known Member

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    Can you define this?
    How about my Cairns house? 5% yield, 0 growth for 8 years...
     
  3. Cactus

    Cactus Well-Known Member

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    If you've held for 8 years with no growth it's a dog... But if keep holding if you sell it will triple overnight. Murphys Law.
     
  4. jodes

    jodes Well-Known Member

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    I wouldn't have sold my only property in Sydney's inner west in 2012...
     
  5. Jess Peletier

    Jess Peletier Mortgage Broker & Finance Strategy, Aus Wide! Business Member

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    I would have bought the unit in Bentley for $65k :)
     
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  6. Westminster

    Westminster Tigress at Tiger Developments Business Member

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  7. Coota9

    Coota9 Well-Known Member

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    Mine is simple..start 15 years ago
     
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  8. Tifoso

    Tifoso Well-Known Member

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    Honestly, for me it sounds cliched, but start earlier. Not so much about time in market etc, just about finding what I love doing sooner.
     
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  9. bob shovel

    bob shovel Well-Known Member

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    I wish I hung around at SS longer when I first looked at it 8years ago, it was over my head with all the the strategy, goals, mindset malarkey!.. .. Stupid young ******** :mad:
     
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  10. datto

    datto Well-Known Member

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    Has anyone mentioned start sooner or tell people to F off?
     
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  11. Gockie

    Gockie Life is good ☺️ Premium Member

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    Oh yeah. Houses bought for 800k Carlingford Rd then reselling for something like 2.2mill a few months later...
     
  12. Gockie

    Gockie Life is good ☺️ Premium Member

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    My West Ryde unit! Previous owner bought it for 255k in ~June 2003. I bought it off her for 292k in 2011 so she would have made zero money on it in 8 years. Fast forward to today, less than 5 years since purchase, I am likely to sell it for ballpark 650k now. Hehehe.
     
    Last edited: 12th Feb, 2016
  13. BigKahuna

    BigKahuna Well-Known Member

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    Not complaining but I would have bought way more shares in CBA and Bank of Melbourne. Have more than $200K after buying 4 $5,000. Imagine if I'd bought $100,000 worth
     
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  14. Gockie

    Gockie Life is good ☺️ Premium Member

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    Wow!
     
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  15. HUGH72

    HUGH72 Well-Known Member

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    Identified market cycles earlier.
     
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  16. BigKahuna

    BigKahuna Well-Known Member

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    Yeah, I got lucky with CBA. Dividend reinvestment plan helps too. But I've also had some duds.
     
  17. BigKahuna

    BigKahuna Well-Known Member

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    Yes, I would've liked a crystal ball.
     
  18. barnes

    barnes Well-Known Member

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    Should have stayed less overseas and more home.
     
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  19. Xenia

    Xenia Well-Known Member

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    Now where is home and where is overseas from your perspective Barnes?
    is Australia home?
     
  20. chindonly

    chindonly Well-Known Member

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    Would have bought that house on the beach at Redcliffe / Margate for $66k
     
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