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It absolutely does. Something to think long and hard about .... and love the learning along the way. Thanks

Hi Rixter, Perhaps if we run through an example? Let's say 6m in equity ... borrowing 1.2m LOC for living ... 10year cycle ... 80k per year lifestyle. Let's also assume interest rate at constant 7% to keep it simple. Based on this scenario, at start of the cycle I'm geared at 20% LVR; and...

Hi Rixter, in theory the idea sounds good; but can't help thinking that when put into practise it will create enought "bad debt" to negate the whole deal? I'd imagine the interest against funds drawn from LOC's for personal reason's wouldn't be tax deductible? and this would only continue to...