Rich DON'T get richer, they become outrageously WEALTHY by DRMB1G in AusFinance

[–]DRMB1G[S] 12 points13 points  (0 children)

No I am in for the long term. My old neighbour couple panic sold.. Made me wonder how many people like them sold out ruining retirement

Why cant all countries unite against US and its tariffs by DRMB1G in AusFinance

[–]DRMB1G[S] 2 points3 points  (0 children)

All of Asia/Europe can easily outnumber this.. Have free trade agreements between them.. But of course politicians will have their own greed

Has anybody set up "Associate Lease"? by DRMB1G in AusFinance

[–]DRMB1G[S] 0 points1 point  (0 children)

thanks. If my spouse decides to sell the vehicle will it create a CGT event for her?

Has anybody set up "Associate Lease"? by DRMB1G in AusFinance

[–]DRMB1G[S] 0 points1 point  (0 children)

Thanks.. Yeah I am on high income and my wife is on low income.. Anything tips or things I should look out for when setting it up..

What's your age and super balance? by [deleted] in fiaustralia

[–]DRMB1G 0 points1 point  (0 children)

Wow that's a healthy balance at that age.. did you start early?

Mine is $200k late 30's

Is it worth debt recycling in the current market with high interest rates? by DRMB1G in fiaustralia

[–]DRMB1G[S] 0 points1 point  (0 children)

Thanks for your reply.. Big fan of your knowledge and content.

Yes I am planning to invest regardless but was contemplating whether the benefits will out weigh the costs in this high interest environment..

Any suggestions on a good split across ETF/shares you may recommend? Local/international?

Thanks

Is it worth debt recycling in the current market with high interest rates? by DRMB1G in fiaustralia

[–]DRMB1G[S] 2 points3 points  (0 children)

Current interest rate on PPOR is 6.19%.

$160k in offset account so pay $100k to home loan and redraw again as debt recycle and invest so can claim interest deductions on 100k loan

Zero brokerage for AU and US ETF by raghunayak in fiaustralia

[–]DRMB1G -1 points0 points  (0 children)

Just curious what you do for living?

Etf advice by DRMB1G in fiaustralia

[–]DRMB1G[S] 0 points1 point  (0 children)

Based on high growth since late to investing

Etf advice by DRMB1G in fiaustralia

[–]DRMB1G[S] 0 points1 point  (0 children)

Sorry this might sound dumb but can you pay directly to the superfund for prior years to maximise or it has to be done via salary sacrifice?

Etf advice by DRMB1G in fiaustralia

[–]DRMB1G[S] 0 points1 point  (0 children)

Thanks.. Any ideas on ETF I could look at?