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Discussion in 'Introductions' started by courtst, 9th Mar, 2021.

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  1. courtst

    courtst Well-Known Member

    Joined:
    8th Mar, 2021
    Posts:
    93
    Location:
    Melbourne
    Just saying hi to all the contributors on this forum. There are some very knowledgeable members here who are willingly putting forth their vast knowledge for everyones benefit. I'm in my mid 50s and just wish I was aware of this platform in my younger days !! And my whinge.. instead of some of the wishy washy subjects they teach in school, financial/investing/compounding lessons with real life experience should be compulsory !
     
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  2. wylie

    wylie Moderator Staff Member

    Joined:
    18th Jun, 2015
    Posts:
    14,020
    Location:
    Brisbane
    Welcome... :)

    Have you gone down the track of property investment already?
     
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  3. courtst

    courtst Well-Known Member

    Joined:
    8th Mar, 2021
    Posts:
    93
    Location:
    Melbourne
    Sadly no..hence the regret! Done a few things..business..shares but just holding one development site now. Will pick the brains of the financial gurus on later post. Bought and sold three properties which in hindsight could have easily held.
     
  4. Sackie

    Sackie Well-Known Member

    Joined:
    18th Jun, 2015
    Posts:
    25,059
    Location:
    Vaucluse, Sydney.
    Sounds like you've done a bit of property investing there. Not sure why you've said "sadly no". :)
     
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  5. MWI

    MWI Well-Known Member

    Joined:
    17th Jul, 2017
    Posts:
    2,294
    Location:
    Lower North Sydney NSW
    Welcome, lots to read, there's nothing better than taking action so learning from experience rather than just theory.
    Agree with you why don't they teach real life finances and investments at school?;)
     
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  6. courtst

    courtst Well-Known Member

    Joined:
    8th Mar, 2021
    Posts:
    93
    Location:
    Melbourne
    Reading about your, MTR, skater, and other regular contributors investment journey has given me a mild dose of inferiority complex! Trying hard to get my two daughters interested in investing.. be it property or shares. There's lots of opportunities if someone starts young with the right mindset.
     
  7. Sackie

    Sackie Well-Known Member

    Joined:
    18th Jun, 2015
    Posts:
    25,059
    Location:
    Vaucluse, Sydney.
    We all have our own goals to march towards. Don't worry about comparisons and inferior/superior and just keep heading towards what is right for you. Investing in the financial markets is a highly individualised game according to each person's financial resources, sacrifices, goals, mindset and yes inevitably, some luck. :)

    Are your daughters interested at all to invest?
     
  8. courtst

    courtst Well-Known Member

    Joined:
    8th Mar, 2021
    Posts:
    93
    Location:
    Melbourne
    The younger one who's still at uni has started investing in Vanguard funds..all her own money from part time work.
    The older one who's working full time is saving for a home deposit..albeit with a bit of prodding from parents !!
     
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  9. spoon

    spoon Well-Known Member

    Joined:
    17th Nov, 2016
    Posts:
    1,765
    Location:
    Time-dependent
    MeToo. Don't worry, you are not alone. Count your blessings and having involved in shares and business are all very good experience from an investing perspective. Property is only one of them. Welcome to PC!
     
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  10. Sackie

    Sackie Well-Known Member

    Joined:
    18th Jun, 2015
    Posts:
    25,059
    Location:
    Vaucluse, Sydney.
    Sounds like your daughters have their heads screwed on right, even if a bit of prodding is required now and then:)
     
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  11. skater

    skater Well-Known Member

    Joined:
    18th Jun, 2015
    Posts:
    10,282
    Location:
    Sydney? Gold Coast?
    See if you can encourage your daughters to join & read the forum. Sometimes alll it takes is bit of knowledge. And it's not too late for you either, you know. Just work out what you want and what you're willing to do to get there.
     
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