Recent content by Jedi

  1. J

    First time Investor, Melbourne

    Deltaberry, you sure do paint a very pretty picture but I am concerned that the risks associated would be a bit too great. Sanj, 500k isn't actually all of it, I have allowed (about 50k) to be kept as a buffer. And I really don't need income from this capital. I don't care what the split...
  2. J

    First time Investor, Melbourne

    I have a certain amount of capital now. In 10-15 years time, I would like that amount of capital to have increased as much as possible. Thats it. I want to get as great a return on that capital as possible, however with low risk. There will be a balance I'm sure. I haven't ruled out options...
  3. J

    First time Investor, Melbourne

    Hi and thanks for all the posts so far, do appreciate it. I realise I am in a rather odd position to have so much capital and low income but there it is. I do have the 500k, right now its in the bank in a high interest earning account and really want to do something more productive with it. I...
  4. J

    First time Investor, Melbourne

    The 500k is in cash and I don't intend to take on any debt, so I would expect (need to) make an income on the property. Also I expect to qualify for the First Home Owner Grant, this will be my first property purchase. I am actually living in a share house and keeping my living costs low. The...
  5. J

    First time Investor, Melbourne

    Hi, I had thoughts of investing in real estate in the Melbourne area (living in Melbourne) and after spending a good portion of the week trying to figure out the best way of doing it, I have thourougly confused myself. I am able to invest up to 500k but have next to no disposable income...
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