Hi all,
Just wanted some guidance.
I have one PPOR and planning to buy a first IP within the next 12 months.
I also have around $8000 in an index fund that I kicked off in 2007. So far its been losing money although Ive been told to wait until 10-15 years into it to see how it grows.
Ive been playing with an idea to pull the money out of the index fund and inject into an IP deposit... but I am unsure if this is a good idea or not.
Property has been performing so well, while Australian share market has been under performing...
Advice?
Just wanted some guidance.
I have one PPOR and planning to buy a first IP within the next 12 months.
I also have around $8000 in an index fund that I kicked off in 2007. So far its been losing money although Ive been told to wait until 10-15 years into it to see how it grows.
Ive been playing with an idea to pull the money out of the index fund and inject into an IP deposit... but I am unsure if this is a good idea or not.
Property has been performing so well, while Australian share market has been under performing...
Advice?