OK, so I’ve found a block of flats yielding 11% gross or 9% nett. They look to be about 40 years old but are reported to be in “good condition” and are on a good sized block in a central location. All are currently tenanted and the property is within our price range. Problem is, they are in a different state and I can’t get out to look at them.…[Read more]

I’m new here, but I found it interesting to read about promises and guarantees.
A few years ago I was invited by an acquaintance to dinner with two young investment bankers in New York. I was in awe of the lifestyles they lead and the numbers they talked in. After listening for a while I asked them what sort of people invested with them.…[Read more]

Thanks for the replies and advice.
We’re both in our mid forties Paullie, and we have 3 kids to put through high school (two still in primary), and (hopefully) they will also want to go to university. I guess to a young person starting out we are considered well off, but I don’t think we’ll be enjoying financial security if we don’t improve our…[Read more]

Thanks guys! I get plenty of time to read in my job (I travel a lot), so that will be my first step, going back over all the books I have read in the past and getting some new ones form the authors you mentioned. I’m not hoping to get rich quick, I just want to be comfortable later in life and hopefully have something to show for myself. More…[Read more]