I reckon it is a combination of:

1. Money are being massively printed and those money has go to somewhere. They are unlikely to go into things that will lose value over time in the long run. In fact, some even go as far as “if government keeps printing money with no limitation or intention to stop, then just buy” kind of thinking.

2. Pandemic…[Read more]

I reckon it is a combination of:

1. Money are being massively printed and those money has go to somewhere. They are unlikely to go into things that will lose value over time in the long run. In fact, some even go as far as “if government keeps printing money with no limitation or intention to stop, then just buy” kind of thinking.

2. Pandemic…[Read more]

Actually, I posted the same in whirlpool forum and the feedback so far has been that Coomera is the only one from those I listed that are worth considering, due to demographic reasons and crime reasons….

Some suggest I look in Logan region, still possible to get a house with 300K, or some better suburbs where we can try to get a newer / better…[Read more]

Actually, I posted the same in whirlpool forum and the feedback so far has been that Coomera is the only one from those I listed that are worth considering, due to demographic reasons and crime reasons….

Some suggest I look in Logan region, still possible to get a house with 300K, or some better suburbs where we can try to get a newer / better…[Read more]

Actually, one thing to add in.

The first step I mentioned to “work out your goal”.

I mentioned this is due to the strategy would be different depending on the goal. This is a “technical reason”.

There is also another reason that I would like to add in. This is more of a “psychological reason”. That is during the process of making investments,…[Read more]

This.

Also per one of my posts in the forum.

Work out what you want to achieve first, then work out a strategy that aligns with your goal (eg: if you want to live of 20+ IPs passive income and be able to quit your job, then the strategy of buying negative gearing IPs probably isn’t going to align with your goal very well).

Then find the right…[Read more]

Both are important.

Without high yield you don’t get serviceability to apply for more borrowing (unless you have an insane amount of cash that you don’t need to borrow)

Without high growth, then you don’t get enough deposit to buy the next one

Instead, it is also important to think which one will break you.

Lack of growth may make things…[Read more]

I hardly pay attention to Medium price.

I have made the rule to do the following:

1. Look at “Sold within 800-1500 metres radios in the past 2-3 months” and make offers based on that, as long as the numbers make sense to me. It is up to vendor to accept or reject my offer but it is up to me to make my offer.

2. Never up my offer unless I am…[Read more]

I think the idea of buying under value is to be able to add your own values. As the likes of Steve McKnight and many investors on this forum would point out “don’t buy a solution, but instead implement your own solution and then sell your solution”.

Where you make money is not when everything is done for you, but instead for yourself to overcome…[Read more]

I think the idea of buying under value is to be able to add your own values. As the likes of Steve McKnight and many investors on this forum would point out “don’t buy a solution, but instead implement your own solution and then sell your solution”.

Where you make money is not when everything is done for you, but instead for yourself to overcome…[Read more]

So in other words, if your spending is like this:

$1500 for food

$800 for loan repayment

Not only will banks add a few on top of the $800 to make your loan repayment look bigger (akin to adding an extra 2-3% on the actual interest rate to stress test your loan), but they will also add some money on top of $1500 for food to make it look like you…[Read more]