Total Members: 158,457

Jeffrey

  • Jeffrey replied to the topic Is age a barrier?? in the forum The Treasure Chest 20 years, 9 months ago

    Thankyou to the people that replied…Some great advise..Eg trusts which i will look into…Thks Jeff..[:)]

    quote:
    Hi everyone.I have just half read Steve’s book and am rapped to find the answer to pos/investing.But as i am 53yrs next year, do you think the amount of time to pay the loan back to say 65 is a problem?I have 150k in home equity and…

    [Read more]

  • Jeffrey replied to the topic Is age a barrier?? in the forum The Treasure Chest 20 years, 9 months ago

    quote:
    Trust have 80 year life spans, so if you set up in this it really doesn’t matter.

    Don’t worry about paying back the loan before you turn 65. As a beneficiary of your trust and also as trustee you can determine what debt is paid off, when assets are sold and capital gains taken, and who this is paid to (specific and general…

    [Read more]

Jeffrey

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