"Her plan was to build a portfolio of investment properties and retire early — a strategy she had learned over years of attending wealth creation seminars."
Wealth creation seminars!
"Despite already owing the bank close to $ 1 million, at the age of 67 she managed to secure another loan for $360,000 to buy yet another investment property through her self-managed super fund."
Why would you do that? Why put your super in a highly-leveraged asset purchase when you are close to retirement and the draw down phase?
