Say you won $50 000 on a scratchy today how would you invest it?
I ask this question because of what we know today or don’t know with world unrest (staying politically correct here), the share market at the bottom or very near it and with the property cycle at or near the top of it’s.
So when you bought the paper this morning and had a Scratch and say won $50k what would you do…
Would you buy a Neg g’d property say up to $500k in a potentially high growth area.
Or would you play it safe and buy two cheaper properties c/f+ with low LVR.
Or would you say easy come easy go and take a well-deserved holiday
Or would you run against the herd and pick some Blue Chip shares do a 30% margin lend and put them in the draw for a rainy day?
Or maybe you’d invest $10k into Peter Spann seminar & learn how to manage the other $40k
Or maybe buy that first IP that you’ve been saving the deposit so hard for…
Or would you look for and opportunity somewhere other than what we post here?
I don’t believe there would be any right or wrong because everyone is somewhere different in there life, but I also believe it could be and interesting discussion.
Mr Ed
I ask this question because of what we know today or don’t know with world unrest (staying politically correct here), the share market at the bottom or very near it and with the property cycle at or near the top of it’s.
So when you bought the paper this morning and had a Scratch and say won $50k what would you do…
Would you buy a Neg g’d property say up to $500k in a potentially high growth area.
Or would you play it safe and buy two cheaper properties c/f+ with low LVR.
Or would you say easy come easy go and take a well-deserved holiday
Or would you run against the herd and pick some Blue Chip shares do a 30% margin lend and put them in the draw for a rainy day?
Or maybe you’d invest $10k into Peter Spann seminar & learn how to manage the other $40k
Or maybe buy that first IP that you’ve been saving the deposit so hard for…
Or would you look for and opportunity somewhere other than what we post here?
I don’t believe there would be any right or wrong because everyone is somewhere different in there life, but I also believe it could be and interesting discussion.
Mr Ed