New Years Resolution / 2020 goals

Discussion in 'Share Investing Strategies, Theories & Education' started by Big A, 8th Dec, 2019.

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  1. ellejay

    ellejay Well-Known Member

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    Finish Bateman's Bay PPOR build.
    Complete subdivision in Nelson, NZ. Sell existing house to pay down debt. Hold the new build as a holiday let.

    Complete subdivision and new builds in Vic. Sell existing house, hold 1-2 new builds.
    Sell 1-2 US properties to pay down debt.

    Complete REA licence just for fun.
    Buy a boat.
    Buy a truck.
    Find another mentor.
    Learn boxing/kickboxing. Focus on fitness.
     
    ellejay, 20th Dec, 2019
    #41
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  2. Sackie

    Sackie Well-Known Member

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    I find renting one whenever you want to go out is generally the more cost effective option. The one I like costs around 600k. Plus mooring costs. Depreciation is terrible. . I spend around 15k a year renting luxury boats. Tbh I'd happily buy one if I thought it give me more pleasure than renting but I know it wouldn't. Now I get most of the enjoyment without the hassle.
     
    Last edited: 20th Dec, 2019
    Sackie, 20th Dec, 2019
    #42
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  3. Big A

    Big A Well-Known Member

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    Congratulations mate. These things always go over budget. Best of luck for the big day.
     
    Big A, 20th Dec, 2019
    #43
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  4. Big A

    Big A Well-Known Member

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    Wow you have a big year ahead.
     
    Big A, 20th Dec, 2019
    #44
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  5. number 5

    number 5 Well-Known Member

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    Thanks, very much looking forward to it! Figure you only do it once so spending extra cash (within reason) is something we were more than happy to do.
     
    number 5, 20th Dec, 2019
    #45
  6. ellejay

    ellejay Well-Known Member

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    We're just getting a little $25k one for exploring the waterways around the south coast of NSW but I agree hiring them is often a better option.

     
    ellejay, 20th Dec, 2019
    #46
  7. euro73

    euro73 Well-Known Member Business Member

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    The beautiful Hills District, Sydney Australia
    Go get em
     
    euro73, 20th Dec, 2019
    #47
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  8. sfdoddsy

    sfdoddsy Well-Known Member

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    Having recently lump-summed a seven figure plus amount into the market, my resolution is not to second-guess myself or fiddle (except to shift things into super where possible).

    I should resolve not to check Sharesight for portfolio updates, but that would be impossible.

    :)
     
    sfdoddsy, 20th Dec, 2019
    #48
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  9. TAJ

    TAJ Well-Known Member

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    That would be SOME boat for 600k!
    I had one custom built (7m) with a 200HP 4 stroke outboard, furuno nav gear for just on 100k.
    Currently I do more kilometres at sea than on land.
    With fuel costs and regular maintenance expenses they can become expensive toys.
    But, it is my passion, and couldn't imagine life without my own boat. I fish nearly every day, so for me it is a small price to pay for a world of enjoyment. I am lucky that I live close to the launching facilities here at Yamba also. Water has warmed up considerably, so the Pelagic fish have turned up. Great fun!
     
    TAJ, 20th Dec, 2019
    #49
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  10. Sackie

    Sackie Well-Known Member

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    Screenshot_20191220-145911.png
     
    Sackie, 20th Dec, 2019
    #50
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  11. TAJ

    TAJ Well-Known Member

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    That's not a boat, that's a house! Haha!
    I don't think I would like to see blood and guts all over that deck area.
    Leisure craft yes, fishing craft......???
    You could always buy me one and I could let you know what I think!;):D
     
    TAJ, 20th Dec, 2019
    #51
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  12. Sackie

    Sackie Well-Known Member

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    I'll add it to my 'winning the lotto' list. :p

    Comes right after Buy Property Chat from Monsieur Simon.
     
    Sackie, 20th Dec, 2019
    #52
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  13. pippen

    pippen Well-Known Member

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    Gee wizz shes a beauty! How much do they cost to rent for a week or so?
     
    pippen, 20th Dec, 2019
    #53
  14. Sackie

    Sackie Well-Known Member

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    $300-350 an hour. Cheaper if you purchase blocks.

    Takes upto 10 comfortably.
     
    Sackie, 20th Dec, 2019
    #54
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  15. pippen

    pippen Well-Known Member

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    Definitely not cheap to buy! I would much prefer the Peter Thornhill rent the lifestyle approach if my desire ever gets to that level!
     
    pippen, 20th Dec, 2019
    #55
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  16. Nodrog

    Nodrog Well-Known Member

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    No matter how much money we have other than our own home then rent the rest when desired. Get to have all the fun without the baggage.
     
    Nodrog, 20th Dec, 2019
    #56
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  17. MWI

    MWI Well-Known Member

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    Review my yearly 'Bad habits' with the 'Good habits' list and stick with at least 80% of the Good Habits list for 2020!
    Increase my physical activity, improve my well being and also practice more giving!;)
    Huge one is to de-clutter (house, basement, storage, office, clothes, books, garden, pots, etc...)!:D
     
    MWI, 20th Dec, 2019
    #57
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  18. LeeM

    LeeM Well-Known Member

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    THIS, please @dunno !
     
    LeeM, 27th Dec, 2019
    #58
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  19. SatayKing

    SatayKing Well-Known Member

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    Review these respective lists and try to increase the percentage of Bad ones.

    Some balance is necessary.
     
    SatayKing, 27th Dec, 2019
    #59
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  20. Nodrog

    Nodrog Well-Known Member

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    Can someone please explain what a good habit is:confused:?

    87487462-881B-48FA-845E-D3B5A8246BC8.jpeg
     
    Nodrog, 27th Dec, 2019
    #60
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