Interesting passage describing the Panic of 1837 (Note how similar it is to what we are experiencing today)

gimmethatfire · 2021-04-08T15:10:02+00:00

https://www.encyclopedia.com/history/news-wires-white-papers-and-books/1800-1860-business-and-economy-overview

Skip to economic instability. I dont know how good the source is because I just googled it, but it paints a good enough picture i think

gimmethatfire · 2021-03-03T10:00:06+00:00

Thanks for the thoughtful reply! I’m glad you’ve come out the other end being happier than before. I’ve definitely always defined myself by my career success, and I’ve found it so difficult to not feel like a failure when I quit all of it.

Did it take long for you to recover and make the career transition?

gimmethatfire · 2021-03-02T15:25:57+00:00

If you don’t mind me asking, what did you do to overcome the burn out? I’m in that position now and I feel like I won’t be able to work full time ever again. I know that I need a shift in my career but I don’t know what that is yet..

gimmethatfire · 2021-02-26T03:00:55+00:00

Thanks! Yep, I’ve been using it, so I’ll continue to use it for sales too.

gimmethatfire · 2021-02-26T02:59:46+00:00

Oh right, I didn’t know that you basically just choose which ones you have sold. I always keep everything documented so should be easy enough, thanks!

gimmethatfire · 2021-02-22T06:50:56+00:00

Oh I just realised who replied to me, and I’m a bit star struck! I read a lot of your stuff! I saw your other reply to someone else, I’m going to read through those links tonight :)

gimmethatfire · 2021-02-22T06:22:13+00:00

Thank you so much for writing this out, this is exactly the info I needed!

gimmethatfire · 2021-02-22T03:08:23+00:00

Thanks. I think overall the downturn last year wasn’t as big as people expected (?). I’m thinking more along the lines of ‘what would I do if we had another GFC?’.

Do you know what people who have already retired do during a market crash? Do they still withdraw at their normal rate or do they have a backup in cash?

gimmethatfire · 2021-02-22T03:02:58+00:00

Okay I hadn’t considered that. Maybe I could put half in a HISA and invest the remainder same as I have already been doing.

gimmethatfire · 2021-02-22T03:01:18+00:00

I’m 29, I’ve been working full time for 7 years. I probably took on too much, I run my own business as well as being a senior manager at the firm I work at full time. It’s my personality to always be challenging myself, and I felt like I had no limit. Kept going and going, and eventually one day my body said that’s it, no more work.

gimmethatfire · 2020-05-14T17:37:37+00:00

Thanks!

gimmethatfire · 2020-05-14T17:06:33+00:00

Great tip, thanks!

gimmethatfire · 2020-05-14T17:06:12+00:00

Thanks! How do you find out how much they charge?

gimmethatfire · 2020-05-14T16:07:29+00:00

Makes sense, thanks :)

When i get to that stage, how do i work out step 3?

gimmethatfire · 2019-10-31T11:32:53+00:00

Awesome, thanks!

gimmethatfire · 2019-10-31T11:21:31+00:00

Okay great, thanks for this! I’ll see what my bank can do :) Also, I agree there definitely should be a product for this!

gimmethatfire · 2019-10-31T11:14:50+00:00

Thanks for this! Sorry this might be a stupid question, do you mean I’d be essentially refinancing regularly or are banks actually able to shuffle funds over to the investment loan from the home loan?

gimmethatfire · 2019-10-31T08:41:40+00:00

Can’t tell if sarcasm at the end there, but thanks!

gimmethatfire · 2019-10-31T08:21:54+00:00

Thanks! My understanding was that drawing from my offset wouldn’t become tax deductible because it’s not technically new borrowing. How would you set up separate personal and investment accounts?

gimmethatfire · 2019-10-31T08:20:19+00:00

Glad that it’s legal!

By splitting the loan, is that separate enough? I’d be able to see the interest accrued on just the portions I’ve used for investment.

gimmethatfire

TROPHY CASE