So assuming you had some spare cash flow to the tune of about $1,000/pcm but not enough cash/equity to purchase another property (nor the inclination at this point) what would you do with it.
Also assuming you have no non-productive debt to repay.
Main options I have considered are...
1) Offset account - this would be against investment properties.
2) Cash/bonds
3) Shares - purchasing high yielding blue chip (Banks etc).
There is the likely hood that I may require the cash in the future so don't want it too tied up, but also hate looking at cash yields of +/-5% before tax (though it is safe and easy).
What would you do?
Also assuming you have no non-productive debt to repay.
Main options I have considered are...
1) Offset account - this would be against investment properties.
2) Cash/bonds
3) Shares - purchasing high yielding blue chip (Banks etc).
There is the likely hood that I may require the cash in the future so don't want it too tied up, but also hate looking at cash yields of +/-5% before tax (though it is safe and easy).
What would you do?