11 second rule?

Viewing 7 posts - 1 through 7 (of 7 total)

caston
Participant
@caston
Join Date: 2005
Post Count: 58
June 12, 2005 - 9:07 am
Why not just times the weekly rent by 500?
Surely a 2 second rule is easier?
Robbie B
Member
@robbie-b
Join Date: 2004
Post Count: 2,493
June 12, 2005 - 9:54 am
It is just a nicer looking name!!!
The Mortgage Adviser
http://www.themortgageadviser.com.au
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gatsby
Member
@gatsby
Join Date: 2003
Post Count: 708
June 12, 2005 - 10:28 am
Hi caston,
I’d just view the ’11 second’ solution as a way to view how far off your property is from being CF+, if that is your goal.
Cheers,
Gatsby.
“Sometimes the hardest thing to do in life is often the best thing to do.”
Dazzling
Member
@dazzling
Join Date: 2005
Post Count: 1,150
June 13, 2005 - 1:23 pm
What’s $ 135 x 500….tick tock tick tock times up…
Half of 135 K…easy peasy.
Cheers,
Dazzling
“No point having a cake if you can’t eat it.”
caston
Participant
@caston
Join Date: 2005
Post Count: 58
July 3, 2005 - 2:26 am
So your saying its easier to do the 11 second rule in your head than the 2 second rule?
Doesn’t everyone carry a Palm Pilot and use its calculator?
Dazzling
Member
@dazzling
Join Date: 2005
Post Count: 1,150
July 7, 2005 - 12:12 pm
No…
I used the money that was earmarked for the Palm Pilot as a deposit on a small +CF flat and do the Grade 6 Maths in my head.
voigtstr
Member
@voigtstr
Join Date: 2005
Post Count: 176
July 30, 2005 - 8:22 am
Originally posted by Dazzling:
No…
I used the money that was earmarked for the Palm Pilot as a deposit on a small +CF flat and do the Grade 6 Maths in my head.
Hot one!