Not quite; not yet, for me. But, I've been wondering lately; consider a multi-million-dollar cash injection. Tatts, inheritance, divorce proceeds, business sale. Whatever rocks your boat.
You then upgrade and / or pay out the PPOR, pick up the various toys and book the holidays that you may have had half an eye on previously, and you've got $5m left to play with.
What would you invest it in?
Cash, for interest?
Many, lower-valued residential properties?
Fewer, higher-valued resi properties?
Several smaller (retail?) commercial properties?
One or two larger (industrial?) commercial properties?
Shares, for expected growth?
Shares, for dividend yield?
An existing business or franchise?
A new business venture of your own design?
A mix of the above?
Something else entirely...?
Would you leverage further; to say a 50% LVR and have perhaps $10m to spend instead? Or, would you pay off all existing debts and then use only cash for future purchases as well?
And why? I've deliberately not attached a poll as the statistics are useless - I'm more interested in a collection of ideas than than a collection of numbers
Then, with all of the above in mind... does this match how you invest today? And if not, why not?