Thread: Advice that has moulded your life

Someone else may recognise there is a trust issue in your relationship long before you have an inkling that one exists. Dont close your eyes to someone's best intended advice.

Originally Posted by workingonit

"Don't buy a Land Rover!" - for better or worse I ignored that advice.

And advice to self - be curious.

To add to this one... definitely do not buy more than one Land Rover! Two becomes three, which becomes .... which .... to OMG ...

Kind regards
Lionel

I was chatting to a young aboriginal lad some time ago and he asked what I did for a living. My advice to him was the same as given to me many years ago. "Do what you like doing and above all, do it with people you like working or being with".
Sod what others reckon you should do.
AlanH.

Originally Posted by crash

Don't be afraid to ask questions.

The followup of that was "the only dumb question is the one you don't ask"

If you can't afford it don't buy it no matter how much you want it.

"...for Better, or Worse...."

Following on from the if you can afford it above:

There were from my grandfather who arrived in Australia before WW1 with pennys in a pocket with a hole in it and was operating multiple successful businesses in retail, farming and manufacturing when retired

Only borrow for appreciating assets or assets that will be income producing

Your home is just that and no more. Do not take advise of any kind from someone who believes it is an asset to leverage

If you are moving around for life buy a house where you think you want to retire. Does not have to be the house you want to retire to. You are with this house joining the market so it will rise and fall in line with the market. Once again not an asset a home

You have only made a profit if you can sell and then buy an identical replacement at a price that allows you to sell again. Once again have nothing to do with people who do not understand this basic principle of business as you will go broke with their advice. They will be the ones making profit out of you. They will then move on to the next person and do the same to them

On site….

“Never put your hand where you wouldn’t stick your…….”