NSW Sydney Thornhill Event - 17th June

Perfectly summarised

The logic of equating the long term performance of real estate investment trusts and listed entities on the ASX as a surrogate for long term property market performance is flawed

With REITs, you are buying the performance of the companies that they hold. I disagree that the performance of a business like Mirvac (MGR) broadly reflects the property market

 

No need to compare really, there have been plenty of threads on this.
If you are good at something then don't reinvent the wheel.

As far as shares go there is really no one sharing their success, so its a mute subject really

 

My post on the previous page doesn't count?

Then again I guess it only gives me $40-50k of net passive income a year so that may be too small to be considered "success"

 

@MTR For me it comes down to 'the average shmuck" test. If the average shmuck can make excellent money in something consistently, then I'm interested.

 

shmuck, dog treats, my doggies love them

 

How come I missed this, well done

I am not with charts, don't understand what it means.

So how did you generate this income, years etc.
Using equity/Margin loan etc.

If you care to share

MTR

 

Off topic I know so apologies to OP, but my dog used to go nuuuuuuuuuuuuuts for this: his saliva dripping in anticipation could fill a pool..

 

The chart basically shows a variety of liquid assets returning ~10% a year net. Not massive (and less than I've netted from property) but it's set and forget.

Some money from equity releases, some money from earnings/savings (debt recycling PPOR loan). No margin loans.

All while gearing up for our next property purchase

 

and 1 step closer to that awesome car in your profile pic

 

1 step further away from early retirement actually because I already have it

 

nooow we're talking mate. Well worth it !

 

Cheers mate. I diversify into all asset classes... even depreciating ones!

 

I see you have a wife...

Jokes ladies please no bashes.

 

So is he going to have another one of these things?

 

I'm pretty sure @Nodrog and @SatayKing have commented in the threads they have more $ inflows than $outflows

@Snowball was FI/RE

And others have shared success in the markets

 

On 29th Jan I got his 75th “My say” newsletter and he wrote “I am now looking forward to reviving my full day presentations in all Capital cities. From March on I will be advising subscribers to my newsletter of dates and venues so watch this space.”