With 20:20 vision would you invest differently?

Knowing what you know about Sydney & Melbourne markets would you have invested differently if you started in 2010? The criteria is:
- Salary: 100k pa
- Savings/ Equity: 75k
- annual savings potential: 15k
- Family of four with single income as above and 2 children in public primary/ high school
- No existing PPOR or IP
- No outstanding loans/ commitments
- Live in Sydney or Melbourne

Assuming the year is 2010 and you have the added advantage of knowing how the Sydney & Melbourne markets performed until August 2017, the interest rate movements, banking industry direction, Chinese investments and mining industry bust.

How would you build your portfolio and what would your sequence of events be?
For example:
- Would you buy a PPOR in Sydney with 10% deposit wait for it to appreciate until 2013 (20% growth), then draw equity to invest in IP1 (use 20% equity as deposit). Use 15k pa to pay towards loan as PPOR is negatively geared. In 2015 draw equity from PPOR and IP1 to invest in IP2 in 2015 in Melbourne. Again draw equity from PPOR, IP1, IP2 and invest in IP3 in Sydney in 2015? In 2017, sell off one of IP1 and pay some portion of the debt.

 

Would have invested in something more profitable than property. Your example shows how little you understand what your actually asking.

 

Enlighten me

 

Very easy question (if 20:20 vision), I'd buy as many development sites in the best areas of Sydney as I possibly could. I'd beg, borrow and steal to stock up on them.

 

You can't negatively gear a PPOR.

 

Such a party pooper

 

With perfect 20:20 hindsight I would withdraw all the cash I could and head to the racetrack and back all the the winners ......
Marg

 

I would have bought winning numbers for the lotteries....

 

Yes you can. Use the 6 year rule.

 

Even if you made all the perfect moves from 2010 to 2017, the future is unknown.
If you've got skills you'll likely keep winning.
If you don't have skills you'll have to hope and prey for the best along with the rest of the masses.

 

If I could invest again from 2010 I would buy bitcoins.

None of this property stuff.

 

I'd spruik to the masses. Charge $2K a pop to attend my seminars and give a personal guarantee to pay anyone $50K if they didn't make a 50% gain in 5 years.

Matter of fact that strategy may work today.

 

If I could go back I would have invested in mining towns in 2006, then gotten out by the end of 2010.

It's a pointless discussion though.

 

OH YES!

And I'd get out now. Not much point playing the in the risk pool when you are now a multimillionaire! collect your winnings and leave!

a few years ago I bought master card on the S&P and was mulling over paypal as well.
doubled my money but could have been a multi-10 bagger with bitcoin

 

Apr 2010 $0.003

August 2017 $3800 —$4400+ Price reached its maximum in the history of bitcoin, an all time high of $4,440 on August 14.

This man bought $27 of bitcoins in 2009 and they’re now worth $980,000

Using the example of the guy from 2009 if I bought 500k worth of bitcoins in 2009 they would be worth $18,421,052,631 or $18 BILLION

Sure beats property.

 

In other words, you think it's too risky to invest in now?

 

Yes but Im a cautious risk adverse type of person.
I wouldn't have bought it in the first place.

occasionally I have a flutter but its gambling and I know it.
step forward VRT! ....fail
and SRX .... pass
bitcoin is all over the popular press, therefore... the horse bolted long ago.

I buy solid boring stuff.
but I will occasionally put money i can lose in for a play.
I usually lose it.

 

whats the point of asking such a question, moping about regrets of sitting on the sidelines since 2010?

tell me how i can make money for the next seven years!

 

Well, you know, if only I had known what the future was going to be like.....

 

Short sell real estate options in Pyongyang?