Retirement strategy for someone who got lucky in the crypto market

Discussion in 'Investment Strategy' started by skriker, 26th May, 2020.

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  1. Beano

    Beano Well-Known Member

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    3,500k ie 3,500,000 properties is one big lot of properties :p
    You are out of my league :D
     
  2. Robbo80

    Robbo80 Well-Known Member

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    Vic
    Perhaps look for strategies than can give you asymmetric returns.

    - buying prop and adding value yourself
    - investing in small/micro cap stocks
    - masternodes :p
     
  3. The.Night.King

    The.Night.King Well-Known Member

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    masternodes lol :p

    Defi probably much better.
     
  4. euro73

    euro73 Well-Known Member Business Member

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    The beautiful Hills District, Sydney Australia

    Respectfully - this is kind of old thinking. You can easily accelerate those time frames using cash cows such as Dual Occ's - and it's specifically most effective in regional areas where vacanay rates are much lower , yields are much higher and prices are lower so borrowing power allows for multiples, rather than being stopped after 1 or 2 big city deals... and where land tax thresholds arent eaten up by the 1st or 2nd purchase. Sticking to metro almost guarantees you own fewer properties as you hit servicing ceilings after fewer properties and have much higher holding costs when loans revert to P&I because you are generally restricted to much lower yields with those purchases as well. It's a bit of fools gold unless you strike growth in a big big way.... a prospect that is highly unlikely given the fact we are the bottom of the rate cycle and servicing calcs have nothing more to offer, and wage growth is now going backwards...