Dividend Reinvest vs Recycle

Discussion in 'Share Investing Strategies, Theories & Education' started by Pleep, 21st Oct, 2018.

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  1. KittyCat

    KittyCat Well-Known Member

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    15th Nov, 2018
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    99
    Location:
    Sydney
    Hi Greedo, I contacted both Macquarie and APM today Specialists will be calling back. Who did you end up using?
     
    KittyCat, 11th Dec, 2018
    #21
  2. Greedo

    Greedo Well-Known Member

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    17th Aug, 2017
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    Cairns
    Hi KittyCat, I used WBC.
     
    Greedo, 11th Dec, 2018
    #22
  3. KittyCat

    KittyCat Well-Known Member

    Joined:
    15th Nov, 2018
    Posts:
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    Location:
    Sydney
    Hi Greedo, will look at all offers available, we are in no rush to buy prop.....being new to the idea of debt recycling it was lovely to hear that macquarie had no issue with us using money for shares or pulling equity from repaid loan to continue to buy shares indefinitely....
     
    KittyCat, 11th Dec, 2018
    #23
  4. Greedo

    Greedo Well-Known Member

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    17th Aug, 2017
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    Location:
    Cairns
    Good stuff and wise move not to rush things. Cheers
     
    Greedo, 11th Dec, 2018
    #24
    KittyCat likes this.
  5. JoeyQQ

    JoeyQQ New Member

    Joined:
    4th Jan, 2019
    Posts:
    1
    Location:
    WA
    Is it still better to pay down non deductible debt if you are using the DSSP with AFIC for example?
    The dividends are effectively only taxed at the company tax rate before being reinvested vs 37% or 47% for some individuals.
     
    JoeyQQ, 4th Jan, 2019
    #25
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