Knowing what you know now...

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

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  1. mrdobalina

    mrdobalina Well-Known Member

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    there's more to life than working
    We've sold about 5 IPs over the last 10 years for various reasons. Some of those were to build cash buffers, didn't think the market was going anywhere, too much of headache, etc. The prices of each of those properties have doubled or tripled since.
     
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  2. Paterson00

    Paterson00 Well-Known Member

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    Painful
     
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  3. Ted Varrick

    Ted Varrick Well-Known Member

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    Undoubtedly would have hocked myself up to the eyeballs to purchase some Berkshire Hathaway A Shares, and with the change would have purchased every single property in every single RE window in the Lower North Shore of Sydney.

    Alternatively, backed all lot of horses that Chris Waller decided to run over the last 5 or 6 years...
     
  4. Magnet

    Magnet Well-Known Member

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    Me too!
     
  5. Magnet

    Magnet Well-Known Member

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    We now show the kids each property purchase and what we look for. Hopefully they will learn from our mistakes and start investing early!
     
  6. Dan Donoghue

    Dan Donoghue Well-Known Member

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    I am at the start of my investment journey but this is a thread which I think I may learn much from before I begin :)
     
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  7. JesseT

    JesseT Well-Known Member

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    Only changes I would make so far is put down 10% deposits.
    The first 2 of my 3 IP's have 20% deposits.
    Also one loan is fixed P&I, I would have made this variable IO going back now.

    Always good to read these comments, I'll be trying to never sell and I started fairly early which seems to be the most common advice.