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Redwing has been thread mining again ;)

Thanks Terry, this is the way its been set up :)

No worries Dan :D I view property through the eyes of an opportunist, rather than as a dedicated investor, so not interested in interstate, but I do have some areas in Sydney I like, and pretty clear idea of what I am looking for. Just a matter of time really...will wait for the heat to come...

Redwing, I am still on track as per last post.....geez the original post was a long time ago and I didn't have much of a clue. Things have moved along quite well, By way of reference household income was $344k last FY, will be $404k this FY and tracking to $470k approx. next FY (I've got forward...

Just wanted to post a quick note of thanks Handyandy and TPI. Your input was very good. I've gone with a long term direct share strategy, (inc. large LICs when can be had at significant discount to NTA) and complemented by ETFs for sector specific. Have gone down the maximum salary sacrifice...

H.A., you misunderstand me....you are preaching to the converted :) I am not talking about actively managed index huggers at 2% fees with a high stock turnover (portfolio churn...with CGT exposure due to trading)....quite the opposite. I am talking about index based passive funds with costs...

Spot on TPI. I have no interest in stock picking nor direct resi, I have learned to do what you are good at and what interests you. When the business is providing 500k pa gross in salary and divvies which it will be shortly, that must be my main focus. I am also considering negotiating with...

Appreciate your input TPI. There is a lot to be said for simplicity and keeping an eye on costs. As is, there is already one trust and a corporate trustee. Post tax, the majority of dividend income which is surplus will go to diversified ETF / Wholesale Index fund portfolio so that side...

Thanks Andy, I appreciate that. Makes sense.

Hi Geoff, fair question....We already have $1.2M exposure in the form of our PPOR. So currently its our biggest asset class behind private equity (operating business). Yes I now realise I will need to have a chat with a few planners as there are a few balls in the air :)

Hi Aaron, The business entity won't hold any assets as I am not sole shareholder. I am talking about a seperate pty ltd which would be investment vehicle linked to discretionary trust.

Thought that would get your attention :) Last time I was posting on this site was 3 years ago, when my wife and I were intending to purchase our first IP. Heres the thread http://somersoft.com/forums/showthread.php?t= In the end, after engaging BA, lining up loan and looking at...