What to do? - 15 year time frame

Discussion in 'Share Investing Strategies, Theories & Education' started by Hosko, 20th Jan, 2019.

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  1. Hosko

    Hosko Well-Known Member

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    Would CBA be your choice of the banks currently?
     
  2. willair

    willair Well-Known Member Premium Member

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    No none were blue chip but the way I was thinking they were going to be looking at the office wall I took a big hit
    on One Tel backed by several high end backers like the Packers and Murdoch and started with Jodee Rich and Brad Keeling the court appointed liquidators finished the one ..Another was BWN a coal miner that I bought in several times from a very low base line up too 45 cents they fell into 5 cents and several others that still thinking back were a dark void filled with rumour and conjecture ..
    Maybe the same as the new 24/7 tv investing channels that constantly talk up the market to get another headline watching those show with the people talking as experienced players would do your head in sometimes you reach the point where rises are no longer sustainable and sudden correction is most likely and will be dramatic ..When that happens just sit back and never sell blue chips from my experience they can drop 50% and more but the div's just keep turning up the price always goes back above the previous high then the whole sideshow starts again..""IMHO""
     
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  3. KinG3o0o

    KinG3o0o Well-Known Member

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    if u were to pick banks i would pick macquarie (not financial advice)
     
  4. TheSackedWiggle

    TheSackedWiggle Well-Known Member

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    Have you considered using super salary sacrifice route to invest for your children?

    can't touch it,
    reduces your marginal rate for the year
    the way I see... super salary sacrifice amount straight away gives a profit of 'marginal rate- 15%'. and eventual CG is taxed max at 15%
     
    Last edited: 12th Feb, 2019
  5. Hosko

    Hosko Well-Known Member

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    Thanks but by the time I can access super the benefit for the kids would be outweighed.
    I'm looking for 15 years type timeframe to access the funds. I'll be unable to touch super for around 25 years
     
  6. TheSackedWiggle

    TheSackedWiggle Well-Known Member

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    you can loan it from your cash-flow when needed?

    lets say your MarginalRate is 37%,
    to get 5k disposable you need to earn 7.95k pre tax,
    Just a thought,
     
  7. Hosko

    Hosko Well-Known Member

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    Yep I get the concept. How do I get the cash out for the kids if I'm not of age to access super?
     
  8. Hosko

    Hosko Well-Known Member

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    Update, I'm leaning towards VDGR. Put the money in there and forget, rather than the current paralysis by analysis and trying to squeeze every last drop from the lemon.
     
  9. Jamesaurus

    Jamesaurus Well-Known Member

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  10. Hosko

    Hosko Well-Known Member

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