epirb: Your share market is flying high at the moment oobbs , you look like you have the theory of easy come easy go as risk management . Would you not like to put it in term deposit's , less return and less risk .Maybe a fifth in metal ,yellow shinny stuff as its cheap at the moment . Deposit rates here are rising and will soon be higher than when the crash happened . Risks are still there though .
Saw your comments about borrowing against your house some weeks back , Russian roulette a bit I think as many have done that and found themselves and family with out a house .
You know the old saying, "No risk = No gain". My house plan is working pretty well so far. The beauty of it is I own less of the house than I did so if I lose it I haven't lost as much as I would have. My style of investing isn't suitable for everyone. If you get emotionally attached to your money you are doomed. You can't think about how much a $1,000. is or $10,000 or even $50,000. When conditions are in line you have to pull the trigger. It's just a number.
ooby_dooby: You know the old saying, "No risk = No gain". My house plan is working pretty well so far. The beauty of it is I own less of the house than I did so if I lose it I haven't lost as much as I would have. My style of investing isn't suitable for everyone. If you get emotionally attached to your money you are doomed. You can't think about how much a $1,000. is or $10,000 or even $50,000. When conditions are in line you have to pull the trigger. It's just a number.
well either you are going to end up quite rich or living under a bridge , could be both just not at the same time .
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Which problem... the urge to spend on pressies for Christmas??
or just the urge to spend without permission.. ??
I don't know about you... but my permission comes from my self imposed values...
but some days... I think... oh for goodness ... just do it... and I plan a holiday...