Comments on: Over 50 And Going Down The Wrong Road To Retirement? There’s Time — Smile http://bawldguy.com/over-50-and-going-down-the-wrong-road-to-retirement-theres-time-smile/?utm_source=rss&utm_medium=rss&utm_campaign=over-50-and-going-down-the-wrong-road-to-retirement-theres-time-smile Real Estate Investing Through Purposeful Planning Tue, 07 Feb 2012 00:40:58 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: How much is bad advice costing you? Too Much! | The Wealth Building Guy http://bawldguy.com/over-50-and-going-down-the-wrong-road-to-retirement-theres-time-smile/#comment-1370 How much is bad advice costing you? Too Much! | The Wealth Building Guy Thu, 18 Oct 2007 00:30:22 +0000 http://www.bawldguy.com/over-50-and-going-down-the-wrong-road-to-retirement-theres-time-smile/#comment-1370 [...] Here is what my client can do:  Pull 100K in equity out of his current real estate property, and use $80,000 for down payments, keeping $20,000 as a reserve (or ambien) account.  If we use a conservative 20% down payment rate, my client can acquire up to $400,000 of property in a growth region with high rents, like Kitchener Waterloo, Ontario (scenario 1). [...] [...] Here is what my client can do:  Pull 100K in equity out of his current real estate property, and use $80,000 for down payments, keeping $20,000 as a reserve (or ambien) account.  If we use a conservative 20% down payment rate, my client can acquire up to $400,000 of property in a growth region with high rents, like Kitchener Waterloo, Ontario (scenario 1). [...]

]]> By: Jeff Brown http://bawldguy.com/over-50-and-going-down-the-wrong-road-to-retirement-theres-time-smile/#comment-1369 Jeff Brown Wed, 10 Oct 2007 03:36:13 +0000 http://www.bawldguy.com/over-50-and-going-down-the-wrong-road-to-retirement-theres-time-smile/#comment-1369 Chris - I'm at a loss as to what happened to our comment - sorry. When clients see a demonstration in real numbers showing how much money they're losing by going for what amounts to 'spending money' - they quickly change their ways. :) Chris – I’m at a loss as to what happened to our comment – sorry.

When clients see a demonstration in real numbers showing how much money they’re losing by going for what amounts to ‘spending money’ – they quickly change their ways. :)

]]> By: Chris Lengquist http://bawldguy.com/over-50-and-going-down-the-wrong-road-to-retirement-theres-time-smile/#comment-1368 Chris Lengquist Mon, 08 Oct 2007 18:04:18 +0000 http://www.bawldguy.com/over-50-and-going-down-the-wrong-road-to-retirement-theres-time-smile/#comment-1368 Without realizing it most people tend to evaluate and seek cash flow even though there is absolutely no reason for them to do so. It's funny. Maybe it's just the way most people are trained. Work, get money, spend. It takes a mind-shift to go for growth and to be patient. It's not sexy. It does work. Without realizing it most people tend to evaluate and seek cash flow even though there is absolutely no reason for them to do so. It’s funny. Maybe it’s just the way most people are trained. Work, get money, spend.

It takes a mind-shift to go for growth and to be patient. It’s not sexy. It does work.

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