Hi Everyone.
I have an IP and have just purchased a PPOR. I was thinking about buying another IP a cheap one less than $150,000 or either investing $10,000 in the shares. Just wondering what would be my best bet long term considering If I held onto either option for 20 years. Im thinking shares mainly due to the investment of only $10,000 now as im not sure if I could afford to borrow $150,000 again. Is there any point to buying $10,000 worth of shares or to make money do you need to invest more.
Thanks
I have an IP and have just purchased a PPOR. I was thinking about buying another IP a cheap one less than $150,000 or either investing $10,000 in the shares. Just wondering what would be my best bet long term considering If I held onto either option for 20 years. Im thinking shares mainly due to the investment of only $10,000 now as im not sure if I could afford to borrow $150,000 again. Is there any point to buying $10,000 worth of shares or to make money do you need to invest more.
Thanks