Another Investment option

Discussion in 'Other Asset Classes' started by L3ha7, 15th Dec, 2016.

Join Australia's most dynamic and respected property investment community
?

Would you invest with them?

  1. Yes

    0 vote(s)
    0.0%
  2. No

    100.0%
  1. L3ha7

    L3ha7 Well-Known Member

    Joined:
    24th Apr, 2016
    Posts:
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    Location:
    Syd
    Good morning Investors / users ,

    Hope you are ready for your xmas and nww year break.

    Just want to ask if anyone has invested or have checked La trobe financial

    La Trobe Financial - Investors Home

    There are few options for inveating and they have got some award or 5 ☆ rating -this was advertised on TV.

    Hope to see your views/opiions.
     
  2. Bullion Baron

    Bullion Baron Well-Known Member

    Joined:
    25th Jul, 2015
    Posts:
    860
    Location:
    Adelaide, Australia
    So they are bundling mortgages and flogging them to investors with a high(ish) yield? Think I've seen this story before, didn't end well :|
     
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  3. wombat777

    wombat777 Well-Known Member Premium Member

    Joined:
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    On a Capital Growth Safari
    This is called Peer to Peer Lending. Society One is another player in this space.

    See this thread here
    Peer to Peer Lending
     
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  4. Ouchmyknees

    Ouchmyknees Well-Known Member

    Joined:
    30th Aug, 2016
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    Location:
    VIC
    Meh, classic account return 5.2% with a management fee of 1.5%, so your return is only 3.7%. Not much more reward than a term deposit for much more risk.

    I'm not an expert on securitisation of mortgages but isn't it the same thing got the world into GFC? (That said I think australian mortgages are less risky than US mortgages as we have better banking/lending system.)

    You are so much better off just chuck money into your Ppor offset.
     
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  5. L3ha7

    L3ha7 Well-Known Member

    Joined:
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    Location:
    Syd
    Thanks guys. much appreciated.
     
  6. wombat777

    wombat777 Well-Known Member Premium Member

    Joined:
    18th Jun, 2015
    Posts:
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    Location:
    On a Capital Growth Safari
    I've got an 11% dividend return and 21% growth return on my NAB shares :D. ANZ are even better @ 34% total return.

    Both parcels acquired in January. Edit - NAB in Feb.
     
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  7. Nodrog

    Nodrog Well-Known Member

    Joined:
    28th Jun, 2015
    Posts:
    3,667
    Location:
    Nodrogsville
    Yes, Santa arrived early as usual. Nice fat dividend deposits from WHF, NAB, MQG, ANZ. Will celebrate by digging out our highest quality top shelf home brew. Special occasions like these deserve only the best:D.
     
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  8. L3ha7

    L3ha7 Well-Known Member

    Joined:
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    Location:
    Syd
    Message received . .. ;)
     
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  9. wombat777

    wombat777 Well-Known Member Premium Member

    Joined:
    18th Jun, 2015
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    Location:
    On a Capital Growth Safari
    You can have a play in sharesight.com.au to see how investments made say 2 years earlier would have gone. Use this to learn the ropes without committing any cash. You can also experiment with the compounding effect of dividend reinvestment.

    Generally plenty of good advice here, whether that be regular stocks, Boggleheads / ETFs / LICs and the 'not advice'.
     
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  10. L3ha7

    L3ha7 Well-Known Member

    Joined:
    24th Apr, 2016
    Posts:
    326
    Location:
    Syd
    20161216_163732-1.jpg

    This is how my portfolio look after sellng my Anz on yesterday.

    I will check sharesight and I will be starting my reading on Lic thread (highly recommended by @austing and others during my xmas break.....thanks @wombat777