W
WebBoard
Guest
From: Anonymous
Hi.
I have spent a lot of time enjoying and learning from this forum.
My husband and i wish to purchase an IP for the long haul towards retirement.
I wonder if we are taking too much risk.
Our situation is that my husband earns $65000.00 and i earn around $20,000.00
We have a mortgage of $200,000.00 on our property that is worth around $300,000.00
We are 40ish and have 2 dependant children.
Are we making the right move by purchasing an IP of about $250,000.00
We have done the sums and our financial institution have given us the ok to go ahead.
anyones thoughts or experiences would be greatly appreciated. Perhaps i will be able to finally make a decision.
Thanks heaps,
Jo
Hi.
I have spent a lot of time enjoying and learning from this forum.
My husband and i wish to purchase an IP for the long haul towards retirement.
I wonder if we are taking too much risk.
Our situation is that my husband earns $65000.00 and i earn around $20,000.00
We have a mortgage of $200,000.00 on our property that is worth around $300,000.00
We are 40ish and have 2 dependant children.
Are we making the right move by purchasing an IP of about $250,000.00
We have done the sums and our financial institution have given us the ok to go ahead.
anyones thoughts or experiences would be greatly appreciated. Perhaps i will be able to finally make a decision.
Thanks heaps,
Jo
Last edited by a moderator: