Search results

But the offset account will reduce my interest bill, therefore increasing my profit, and therefor affecting my tax. To be fair - I dont actually pay tax atm due to being a non-resident. I want to find the best, relatively safe, return. Hence why I was looking at Bluechip shares with good...

I thought you had mortgaged your kids to Heritage. There is a reason I have spare cash...its cos I dont have children. I sure dont want your second-hand (mortgaged) ones.... :D

So assuming you had some spare cash flow to the tune of about $1,000/pcm but not enough cash/equity to purchase another property (nor the inclination at this point) what would you do with it. Also assuming you have no non-productive debt to repay. Main options I have considered are... 1)...