hang on a sec ...up to 300k pa income? lol. If I was on that sought of dough I would be expanding my portfolio, but that's my opinion. Wish I had a 300k trump card
Datto, it's all relative
If only we all had relatives like that.
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hang on a sec ...up to 300k pa income? lol. If I was on that sought of dough I would be expanding my portfolio, but that's my opinion. Wish I had a 300k trump card
You'll be right.
Buy some cash flow props to offset the neg geared growth props
Yous earn an awful lot of money to be hand wringing
I'm just a little worried about buying more this year because of the sinking dollar against USD and constant news of layoffs in fortune 100 companies, albeit I think I'm safe for now.
Is that something we missed? You are subject to exchange rate fluctuations & the US economy? Is it still viable to be buying there with the weaker AUD?
What would you suggest waiting for? There are opportunities in lots of locations outside of a hot Sydney market
What is the industry?No no it's just the general economy. I work in a fortune 100 so that's why I hear it more often when people are talking about a competitor cutting staff by _%. Makes me nervous I'm not a foreign investor if that is what you are asking.
Agree 100%If you are concerned about the economy and potential housinig market/rental issues, increasing your cash buffer would be one good step.
300k income and only 60k savings, review your expenditure as that seems very disproportionate
we only started out 5 years ago when we were 26, 27. We weren't earning as much back then. It was very difficult to save for the original 20% down payment and still have a little saving left for decorating. My husband also thought it would be fun to quit his job and sit at home for a full year. Also for all the IPs we bought through a mix of equity and cash down payments and borrowed 80% - 90%.