Y yadeh 4th Jun, 2006 #1 Hi guys I have got $10,000 spare cash. I do not know which way is better to go: buy shares with that, or put it in the PPOR loan to offset the 7.5 percent interest. Any advice? Yadeh
Hi guys I have got $10,000 spare cash. I do not know which way is better to go: buy shares with that, or put it in the PPOR loan to offset the 7.5 percent interest. Any advice? Yadeh
Simon 4th Jun, 2006 #2 Put it into the Offset now. If you can identify a share which you believe can outperform the 7.5% after tax then reconsider. But certainly the offset is a more secure investment.
Put it into the Offset now. If you can identify a share which you believe can outperform the 7.5% after tax then reconsider. But certainly the offset is a more secure investment.
M Medine 4th Jun, 2006 #3 Hi Yadeh, If your debt is non-deductible you might want to pay your cash off your loan to reduce it. You can get tax advice about this from your accountant. Cheers, Medine
Hi Yadeh, If your debt is non-deductible you might want to pay your cash off your loan to reduce it. You can get tax advice about this from your accountant. Cheers, Medine
Simon 5th Jun, 2006 #4 Medine said: Hi Yadeh, If your debt is non-deductible you might want to pay your cash off your loan to reduce it. You can get tax advice about this from your accountant. Cheers, Medine Click to expand... Medine, You will find an offset does this with some added flexibility. Cheers,
Medine said: Hi Yadeh, If your debt is non-deductible you might want to pay your cash off your loan to reduce it. You can get tax advice about this from your accountant. Cheers, Medine Click to expand... Medine, You will find an offset does this with some added flexibility. Cheers,
