I had someone say to me the other day "why didn't I buy @ 82 like I was going to?"
I then retorted with "why didn't I hold on past 75!!!"
Too young and dumb still, maybe one day I'll learn that Buffett is rich for a reason.
Guessing all you oldies need Depends on the Xmas list thid year eh? "Well positioned" you certainly are!
Congrats all
All of us "oldies" need to work hard, and use all of our street cunning, to keep up, or ahead of you young clever, tech savvy guys.I think most of us are "well positioned "to learn new tricks from you guys. lol.
The reverse mortgage sector has been in decline since GFC.Lack of funding,and lack of major reputable lenders slowed the sector down.
Funding and reputable lenders are now returning to the sector.We are seeing the likes of ASB,SBS and Heartland offering reverse mortgages.
We know it is in Governments' interest to keep "oldies" in their own home,mainly for their health,so govt depts. are offering more help and services to achieve this.
The fast growing aging population means Reverse Equity Loans [REL] business will grow accordingly.
The reverse mortgage sector has been in decline since GFC.Lack of funding,and lack of major reputable lenders slowed the sector down.
Funding and reputable lenders are now returning to the sector.We are seeing the likes of ASB,SBS and Heartland offering reverse mortgages.
We know it is in Governments' interest to keep "oldies" in their own home,mainly for their health,so govt depts. are offering more help and services to achieve this.
The fast growing aging population means Reverse Equity Loans [REL] business will grow accordingly.
Being... " Very well positioned ".. I am not going to need one :-)))
Being... " Very well positioned ".. I am not going to need one :-)))
Nice boat to be in aye percy ??
Now where was that Christmas menu ??
I don't think many "well positioned" Sharetraders will ever need a REL.However, it is disappointing to see just how many people reach retirement age with either a mortgage and no savings,or mortgage free and no savings.So there will be growing demand for RELs [reverse equity loans].
Whatever is on your Christmas menu I hope you and your family enjoy it.
I have tried to make my picks for next year's competition easy for you to beat. !!! lol
Bookmarks