https://www.propertyinvesting.com/members/dreamerman/activity/ Activity feed for dreamerman. Fri, 17 Apr 2026 09:21:21 +0000 https://buddypress.org/?v=2.8.1 en-US 30 hourly 2 61bb4e6c6a4910697e1d4025a1ef263f https://www.propertyinvesting.com/topic/4398761-new-year-resolution-invest/page/2/#post-4617069 Tue, 16 Feb 2010 00:15:55 +0000 JacM, I share your views but there’s only so much I can do re convincing my wife. I have more than $100k sitting in the bank earning enough interest just to keep up with inflation. $500k equity in my home. No other debts except credit cards which I promptly pay off each month. My affairs are very simple.

]]> 95a7a0a0d34f44ca86e4195e6e31e0e9 https://www.propertyinvesting.com/topic/4398761-new-year-resolution-invest/#post-4617063 Mon, 15 Feb 2010 22:35:56 +0000 Tried to talk to my ultra-conservative wife about investing & it didn’t go well. She feels insecure about having cash in places other than in bank deposits earning interest. Will try again in a few days. Wish me luck.

]]> 754e0e9cc4f5d84f2b1a88548d32d584 https://www.propertyinvesting.com/topic/4398761-new-year-resolution-invest/#post-4617062 Mon, 15 Feb 2010 22:33:00 +0000 JacM, thanks for voicing out.

]]> 9aa1d96c90eadd0909b61458d8853424 https://www.propertyinvesting.com/topic/4398761-new-year-resolution-invest/#post-4617058 Mon, 15 Feb 2010 05:45:40 +0000 JacM, thanks. Your example really helps. I actually know a friend who did the very same thing. He now owns (fully paid up) 3 houses in the ‘burbs. Planning to head to Boarders & pick up a good book. I don’t have much faith in shares so properties will have to do for me.

]]> ffae611c950ce5a96cd9090a70f159b9 https://www.propertyinvesting.com/topic/4398761-new-year-resolution-invest/#post-4617055 Mon, 15 Feb 2010 04:51:34 +0000 JacM, thanks. So that I am clear, Interest Only loan is where only interest is being serviced & no repayments towards the principal amount. Offset account is where excess cash can be credited into the loan account to reduce interest costs but not towards permanent reduction of principal. These excess cash can be taken out again for other purposes…[Read more]

]]> aa3611b771b9f927211e4f988ded6eab https://www.propertyinvesting.com/topic/4398761-new-year-resolution-invest/#post-4617052 Mon, 15 Feb 2010 04:36:13 +0000 Yes, I understand that. Borrow to invest in property is ok with me. Thanks for the link, reading it now. Cheers

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