Nice to have everyone’s 2 cents in this. Properties? Shares? Term deposits?
wow, so many views and no comments yet.
Ok how if we change it slightly, i.e.
1) 100k to invest
2) 200k to invest
3) 500k to investWould be interesting to see if the answer changes significantly between 1 – 3.
$50k on #2 in the 3rd at Randwick
<br /
;)” title=”>;)” class=”bbcode_smiley” />mmmm – what would I do??
I would probably buy a car – I have always wanted a VW Kombi Split (either reno'ed or not) hopefully I could get 2?
To start up a little hire car business (for beach type weddings) that would hopefully bring in income, grow in value and be a nice little nest egg for retirement
pay off all non-deductible debt first – or at least as much as you can – and then reborrow the money to invest.
Terryw | Structuring Lawyers Pty Ltd / Loan Structuring Pty Ltd
http://www.Structuring.com.au
Email MeLawyer, Mortgage Broker and Tax Advisor (Sydney based but advising Aust wide) http://www.Structuring.com.au
Terryw wrote:pay off all non-deductible debt first – or at least as much as you can – and then reborrow the money to invest.hm yep, that’s right. But assumign there’s no non-deductible debt and the money is just purely for investment, what would do you with (1), (2) and (3)?
My inclination is to time my entry into the share market, give it a good mixture between blue chip, liquid, dividend yield stocks (like TLS, WES) and growth stocks (CSL). Of the total cash available, probably 80% will be put to equities, another 20% in term deposits.
Whilst being vested in these stocks, keep an eye out in the property market for cashflow positive properties. If only 100k to invest, to invest all of that within the next 1 year. If 200k to invest, break that up into 2 portions and invest that over the next 2 years. If 500k to invest, break it up into 5 chunks and invest that over 5 years.
I personally like shares better than property and would recomend you doing some intensive research before you do anything. A good Aussie book is Colin Nicholson "Building Wealth in the Stock market" 2009.
Terryw | Structuring Lawyers Pty Ltd / Loan Structuring Pty Ltd
http://www.Structuring.com.au
Email MeLawyer, Mortgage Broker and Tax Advisor (Sydney based but advising Aust wide) http://www.Structuring.com.au
No one else with any ideas?
Well i have negotiated and know of a development block that i would make in the vicinity of 60% Cash on Cash Return on. That's what i would do with it for starters.
;)” title=”>;)” class=”bbcode_smiley” />
You must be logged in to reply to this topic. If you don't have an account, you can register here.
