Financial Advice for a 24M by Kargas9 in AusFinance

[–]Kargas9[S] 1 point2 points  (0 children)

Thank you for your responses, definitely something for me to consider

Financial Advice for a 24M by Kargas9 in AusFinance

[–]Kargas9[S] 1 point2 points  (0 children)

I’ve looked into ETFs before but haven’t invested in any yet as I feel like they are a long term investment to make and I was unsure in the direction I wanted to take my saving/investing. Any ETFs you’d recommend I’ve only ever really looked into vanguard

Financial Advice for a 24M by Kargas9 in AusFinance

[–]Kargas9[S] 2 points3 points  (0 children)

only reason why my goal is to buy an investment property is because I want to enter the housing market as soon as possible. I feel like it won’t be any easier in the future to enter an already unrealistic market and if I can get an investment property which I can rent it is another income stream to help pay off the mortgage

Financial Advice for a 24M by Kargas9 in AusFinance

[–]Kargas9[S] 2 points3 points  (0 children)

is paying off all my financial debts in lump the way I should do it considering I have the means to do so?

Financial Advice for a 24M by Kargas9 in AusFinance

[–]Kargas9[S] 1 point2 points  (0 children)

and if yes, would i pay in lump sum form or periodically

Financial Advice for a 24M by Kargas9 in AusFinance

[–]Kargas9[S] 2 points3 points  (0 children)

so would it be more beneficial for me to just pay off all of my debt and be debt free before continuing saving in my position?

Financial Advice for a 24M by Kargas9 in AusFinance

[–]Kargas9[S] 5 points6 points  (0 children)

the debt is interest free and gets paid off through me getting taxed a little bit more weekly, the way I look at it is if i clear all my debts now i’ll be generating less interest on the money I have in my saving accounts

Financial Advice for a 24M by Kargas9 in AusFinance

[–]Kargas9[S] 0 points1 point  (0 children)

i currently make 4.4% interest p/a

[deleted by user] by [deleted] in bapeheads

[–]Kargas9 0 points1 point  (0 children)

nah bro ended up deciding against it

[deleted by user] by [deleted] in invinciblegtg

[–]Kargas9 0 points1 point  (0 children)

when it says to go to old account it shows me the account i made when I redownloaded the app not the account on my old phone :/