Hi,
I really do not understand my parents thinking, when I first started talking about property investing they were stressing out big time acting like I was going to lose the shirt of my back and would present me each week when I visited with a pile of newspaper clippings of every negative investment article that appeared in the paper that week. I've got the feeling that they even lost sleep over it even though they admitted that they had always wanted to buy an ip and also admitted that they would have been much better off if they had.
BUT
My sister and her husband have decided to take a year off work (quiting her job) and travel around Australia and my parents couldn't be happier for them. They're really getting excited for my sister, even helping her plan her trip and everything.
By my calculations this trip will be costing at least $150k (lost wages, caravan, expenses etc.).
Don't get me wrong I'm happy for my sister I just don't get my parents thinking. On one hand you have a son trying to make a better life for himself and on the other a daughter having a great holiday you would think they would be happy for both.
But on the plus side after returning one night from their house totally freaked out from the pile of negative articles I googled negative gearing being axed and stumbled across somersoft.
Anyone have any similar experience's?
I really do not understand my parents thinking, when I first started talking about property investing they were stressing out big time acting like I was going to lose the shirt of my back and would present me each week when I visited with a pile of newspaper clippings of every negative investment article that appeared in the paper that week. I've got the feeling that they even lost sleep over it even though they admitted that they had always wanted to buy an ip and also admitted that they would have been much better off if they had.
BUT
My sister and her husband have decided to take a year off work (quiting her job) and travel around Australia and my parents couldn't be happier for them. They're really getting excited for my sister, even helping her plan her trip and everything.
By my calculations this trip will be costing at least $150k (lost wages, caravan, expenses etc.).
Don't get me wrong I'm happy for my sister I just don't get my parents thinking. On one hand you have a son trying to make a better life for himself and on the other a daughter having a great holiday you would think they would be happy for both.
But on the plus side after returning one night from their house totally freaked out from the pile of negative articles I googled negative gearing being axed and stumbled across somersoft.
Anyone have any similar experience's?