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You and your common sense....
I'm the first to admit, I don't know much at all and what I do know is simply some common sense things, a bit of this and that in more detail than the whole thing.
So I've not dared to lend money to get into shares, the amount I have put in is pitifully low but I feel safe and invested enough at the same time.
You and I must be blood brothers. That describes us to a tee.
the amount I have is pitifully low
Just popping in a slightly on topic/ off topic question:
If I were to redraw 20k off ppor homeloan non deduct debt and then putting this into an index fund, would the interest be deductible?
I find Index Fund's to be an interesting side for an investment strategy, the lack of leveraging however makes the potential for profits (and losses!) slightly less adequate.
Just popping in a slightly on topic/ off topic question:
If I were to redraw 20k off ppor homeloan non deduct debt and then putting this into an index fund, would the interest be deductible?
I find Index Fund's to be an interesting side for an investment strategy, the lack of leveraging however makes the potential for profits (and losses!) slightly less adequate.
I invest in shares when i believe it is intelligent to do so, if i believe its not intelligent i dont.
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So in your opinion do you believe that investing in shares right now is an "intelligent" thing to do.
i.e. are shares as an asset class presenting good value at the moment, if not which asset class is?
If i wanted to 'dummify' the process, with the share market at its current level and with regards to the current global environment i would:
(a) invest some in an australian index fund, with set and forget monthly contributions. I would not try to time the additional contributions, from this level i would be happy to let dollar cost averaging do its thing.
(b) invest some in a DOW Jones index fund (so long as AU$ is above 90c) to get international exposure whilst AU$ is high. Harder to do monthly contributions, because i am most interested in this strategy when the AU$ is high. But i would periodically top up when the AU$ was above 90c.
(c) invest some in a term deposit
I would not be alocating any additional resources to residential property at the moment.
Investment horizon is a minimum of 5 years, this is an absolute minimum time horizon,
IV,
In this example above, what % would you allocate to (a), (b), and (c), as an asset allocation target?
Thanks.