100k

[ianvestor]

I would set it aside and keep it handy as part of my buffer which is a bit low at the moment.

 

[Perth Investor]

Casino....

 

[Aaron Sice]

quick little hypothetical for everyone out there...


what would you do if you had 100k-

a) pay down one or more of your IP loans

b) use the 100k as a deposit for another IP

c) both / split

d) neither / something else

cheers

i'd pay off the car and credit card and put about $10k into my futures account so i can play with 2 contracts a time every time and take a well deserved holiday.

the rest i would park in my offset.

eliminate debt - is that a)?

 

[craigb]

Casino....

yep BLACK ! lol?

 

[Fuller]

Use it to buy a property in need of some TLC and do a quick reno and turn it into $200k...

Start the ball rolling!

 

[gg1965]

here is a good suggestion that i'm sure many will agree on.

Book some private conference resort, at Broome for example, and invite (and pay for) all the regular SS subscribers to come and get together for one big property investment wing ding. We could stay for 3 or so days, have "conferences" and training seminars and you basically pay for all of it.

You keep all the receipts and get some fancy accountant to do your tax next year and you try and claim it all back as some type of educational expense for yourself.

How's that?

 

[BayView]

quick little hypothetical for everyone out there...


what would you do if you had 100k-

a) pay down one or more of your IP loans

b) use the 100k as a deposit for another IP

c) both / split

d) neither / something else

cheers

Pay out part of the loan for our Tyre/Workshop business purchase earlier this year.

Improved cashflow in the short term and better DSR/LVR for the next acquisition.