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  1. M

    $300k cash in bank - what would you do?

    Problem with leaving it in the bank is that future value of your money if next to 0 growth Best interest on the market for cash at call (at 300k) is around 6% minus tax at 37% (6.01 / 1.37) = 4.4% (most likely bracket for most people) Inflation is 3.5% Net gain is around 0.9% So yes...
  2. M

    $300k cash in bank - what would you do?

    Thanks, you've just nailed it. Lots of assumptions flying around here. But in the interest of the discussion it's all good.
  3. M

    $300k cash in bank - what would you do?

    Yes of course, this goes without saying. Although each situation is unique and each investment move, not only delivers the next investment into the portfolio, it also progresses the broader strategy one step forward. Actually, I would love to upgrade to the newer version of my X5, but like...
  4. M

    $300k cash in bank - what would you do?

    Yes, definitely paying attention to the market. I have lived in Sydney for 10 years until recently and I can tell you that there are areas in Sydney that never go down. They might plateau, but never go down. Historically Melbourne has outperformed all other capital cities. Again, Melbourne has...
  5. M

    $300k cash in bank - what would you do?

    If you buy property wisely, income could be as high as 3 times that. Although not without liability of some mortgage. Depends how much you hac hold and maintain normal lifestyle.
  6. M

    $300k cash in bank - what would you do?

    Well maybe not. A slight variation on this could be 2-3 properties at 20% + cost. Then you ride the capital gain wave for 3-5 years. Might be a good way to go.
  7. M

    $300k cash in bank - what would you do?

    How would that work?
  8. M

    $300k cash in bank - what would you do?

    Yeah, now we're talking. Lying on the beach daydreaming is boring ... ;-) regards Michal
  9. M

    $300k cash in bank - what would you do?

    Hi everyone A hypothetical question. If you had $300k in cash to spend on investment properties and had a free reign to do whatever you wanted, what would you do? regards Michal
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