Hi there,
I know this is a property forum so topics are, of course, geared more towards property.
However I'm just wondering about people's overall approach to investing (ie. direct share investments, investment funds, super) in addition to property.
I've always been a fan of not putting all your eggs in 1 basket (learnt this the hard way). I am in the accumulation phase for investing in property but my only concern is that I am too heavily focussed in this area - as evidenced by the amount of mortgage repayments compared to the amount of money going into shares, super, managed funds, etc.
Currently my ratio of money going into property:non-property is 15:1.
This ratio is extremely high because I am paying down my PPOR as fast as possible, and maintaining I/O repayments on IP1. I have very little left over for managed funds and am concerned that I'm missing out on opportunities there.
What's your overall approach?
(also, is there any other place to put this than Coffee Lounge?)
I know this is a property forum so topics are, of course, geared more towards property.
However I'm just wondering about people's overall approach to investing (ie. direct share investments, investment funds, super) in addition to property.
I've always been a fan of not putting all your eggs in 1 basket (learnt this the hard way). I am in the accumulation phase for investing in property but my only concern is that I am too heavily focussed in this area - as evidenced by the amount of mortgage repayments compared to the amount of money going into shares, super, managed funds, etc.
Currently my ratio of money going into property:non-property is 15:1.
This ratio is extremely high because I am paying down my PPOR as fast as possible, and maintaining I/O repayments on IP1. I have very little left over for managed funds and am concerned that I'm missing out on opportunities there.
What's your overall approach?
(also, is there any other place to put this than Coffee Lounge?)