Early Start - Investment Goals for 2018

1. Pay down debt. Already fixed my loans

2. Build up my share portfolio

3. Focus on career.

Property wise: will kick back and just watch from the sidelines for now and continually improve my LVR position.
My eyes are on the Perth market for some movement.

 

Paying down debt.
Transitioning to LIC's.
Reducing work hours.
Researching holiday destinations.

 

Perth ?? is a buyers market, oversupply

 

Looking at over the next 3-5 years. Surely it can't be in the doldrums forever?

 

blue chip has not yet recovered crashed in 2007

 

Maybe not, but comes with a gang attached to it where they use it to store drugs and arms.....

 

Hey all

2018 should be simple, I hope.

Sell Sydney PPOR (tax free).
Move into nearby IP.
$200,000 into my super
$100,00 vanguard cash plus
600,000 into Vanguard Balanced indexed fund.
Max out both concessional super accounts
Fully offset new PPOR offset.

Boring and simple, just the way i like it☺

best to all

 

• Move into one of my IPs
• Pay down debt
• Increase rents by $1000 pw
• Opportunistic purchase of shares when I see value

 

2018 Goals.
Commence my development.
Start another business (in the process of).
Give back to the less fortunate.
Climb the ladder in my (part time) career.

 

1. Sell 1 x IP for a loss
2. Buy dream PPOR & never look back.

 

Goals for 2018
1. Settle on IP 2(.5)
2. Work out what my goals are
3. Maybe IP 3(.5) if I can get more serviceability

 

After my discussion with Mrs , we agreed on the following :-

1. Strict Monthly budget (groceries/household-phone, electricity, fuel. Mortage payments and public transport to work exclused because they are pretty much aet every month)

2. Start a share portfolio under Mrs name and increase the current (under my name)-set contribution every month.

3. Strict saving regime and may look into selling an IP as a planning to buy a home in or by 2020 (depenss on circumstances)

Good luck

 

Buy my first house. Sad I know. But probably will end up getting something in Woop Woop

 

Oh. And

1) buy the next craze after the crypto. Whatever that thing might be. Tulips I hear.
2) Stop going out, cut loose friends and family, stop eating.
3) Move into wombats den
4) Watch our for drop bears.

 

Stop eating altogether?
Good challenge...

 

Woop Woop can have good returns, just needs to be the right woop woop. Understand the fundamentals and why/how that property will contribute to the final goal.

Wombats can be pretty grumpy if crowded out, just a warning...

 

Thanks. Any particular Woop Woops on radar for 2018? Would appreciate some pointers.

 

hijacking this topic, but what are the yields for say a solid suburb of 800K and a lower socio economic suburb of say 350K ?
not very familar with Perth suburbs

 

To continue to do what I have been doing until it don't work no more. Of course, being me I won't know when it don't.

 

I will just say rents accross Perth have dropped about 25%