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70k and no servicibility.

Discussion in 'Other Asset Classes' started by Rugrat, 25th Jan, 2016.

  1. Rugrat

    Rugrat Well-Known Member

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    16th Jul, 2015
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    Canberra
    If you had 70k and no servicibility, what would you do with it.
     
  2. neK

    neK Well-Known Member

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    Sydney
    Investigate why I had no serviceability and see what I do to change that :)
     
  3. Rugrat

    Rugrat Well-Known Member

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    16th Jul, 2015
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    Location:
    Canberra
    5 kids. All under 10yrs. No hope of becoming more servicible for at least 5years.
     
  4. The Y-man

    The Y-man Moderator Staff Member

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    Melbourne
    I would pump it into AREIT.

    The Y-man
     
  5. Peter_Tersteeg

    Peter_Tersteeg Finance broker and strategist Business Member

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    18th Jun, 2015
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    Location:
    Melbourne, Nationwide
    Turn the liabilities into assets...

    More seriously, if you can't borrow money but you've got cash, there's a few good value shares going cheap and returning solid dividends right now.
     
    SouthBoy and Perthguy like this.