Hi Team, I am currently considering buying an IP in my SMSF and have an approx balance of $240k. Is that an advisable approach given the bulk of...
Thanks will check it out.
Hi Terry Thanks for the overview of different strategies that can be followed. With Strategy 2 above Rent and Invest into properties. I believe...
Thanks Jazz, that’s a good point to be sure we don’t get stuck
It will be a PAYG contractor.
Thanks Peter point noted it’s not as simple as a slight $8k it means much more in borrowing power lost which could definitely complicates things...
hi Peter Unfortunately there will be slight pay cut roughly 8k annually before tax It’s just that the other job is now really a drag hence...
Much appreciated for the input guys. Yes the settlement is expected around may - June so at 3 months will have passed on the new job. Its hard...
Hi All I am after some advise, i have been considering changing jobs unfortunately i had already signed a contract for land due to be settled...
@Peter_Tersteeg & @Terry_w thanks guys for reviewing much appreciated for the comments and analysis it makes decisions better when you have...
Thanks @Peter_Tersteeg
@Peter_Tersteeg just one more question in your calculations if the Income and tx bracket was higher than 80k & 45% how will that compare in...
@Jess Peletier thanks for the comment, valid indeed for long term and am definitely in the acquiring phase so might not be the best option to lock now
Thanks Peter & BKRInvesting you have correctly laid out in a simpler way to understand the figures . Much appreciated. I guess that is the magic...
Hi Guys I have two I/O loans i am currently considering whether its worth changing to P & I at fixed rates for 2 or 3 years. Obviously the P & I...
@austing thanks, based on the comments above regular investments in the longterm ETFs seems better or not much. If i plan to make regular...
What is the equivalent of a STW/VAS in mutual funds? If regular contributions are made?
There is also a lot going in Melbourne South around the Officer/Clyde North. The land price has been creeping up despite being 40-50kms from CBD....
I am still rentvesting hence no non-deductable debt. I am sometimes tempted to by PPOR but it means my serviceability will be impacted slowing...
Separate names with a comma.