Lucifer_au,
What you’re saying sounds very reasonable to me. Almost everyone advises me to pay off home mortgage first. But lets have a look a situation: I’m working very hard to pay off the home loan, and at the same time have to spend extra money to keep on IPs. After few years I finally paid off my home loan, but lost my job. As a result I have money locked in the walls, but negatively geared IPs without cash flow to keep them on. So, for me it sounds like chicken-egg question: save on tax, or save on financial security? Any other pros and cons?
Thanks in advance.
