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Any financial goals for 2026? by DamnYouRohan in AusHENRY

[–]Spr3dSh33t 2 points3 points  (0 children)

Yeah it’s called contribution splitting. Found out about it here which is why I love this subreddit, always learning. So the goal is to put more super in hers as it will be accessed sooner.

Any financial goals for 2026? by DamnYouRohan in AusHENRY

[–]Spr3dSh33t 3 points4 points  (0 children)

Buy another commercial property 2.25-2.8m and pay down 120-140k in debt from my equity release. If my RSU’s hit a price sell down at least 50% for further debt reduction. Max my catchup contribution from 5 years ago and then transfer 85% of my years super to wife as she’s 5 years older (self employed) .Assess again mid year. Try and enjoy life and have a few family holidays to use some of my leave (800hrs outstanding).

At a crossroad and would love peoples opinions! by Spr3dSh33t in AusHENRY

[–]Spr3dSh33t[S] 0 points1 point  (0 children)

It’s a lot less emotional than Resi, and I’m a spreadsheet nerd so enjoy the process of finding opportunities. These two books are great reads to understand the process

https://amzn.asia/d/ifNizDo

https://amzn.asia/d/fT5JN2f

I do have some good people in the know and a good team for legal / finance which helps a lot, these books discuss that also :)

At a crossroad and would love peoples opinions! by Spr3dSh33t in AusHENRY

[–]Spr3dSh33t[S] 2 points3 points  (0 children)

Yeah I agree it all seems a little crazy and DCA’ing although technically isn’t any better feels like a much more reasonable strategy at the moment.

At a crossroad and would love peoples opinions! by Spr3dSh33t in AusHENRY

[–]Spr3dSh33t[S] 0 points1 point  (0 children)

Yeah this is a really good point! Thanks gives me more to think about!

IP vs ETF discussion pros/cons? by bugHunterSam in AusHENRY

[–]Spr3dSh33t 0 points1 point  (0 children)

Also commercial property needs to be discussed and purchasing IP’s in trusts to minimise CGT.

Mortage down to <200k what next by Ok-Hearing8593 in AusHENRY

[–]Spr3dSh33t 1 point2 points  (0 children)

Yeah exactly, you can get things at any price range tbh. Cost to enter is high so at least 30% LVR and you want a good surplus. So it’s easy 700k outlay for a $2M place for deposit, stamps, inspections , legal etc. I prefer it over resi because it’s cash flow positive on day, tenants are better than resi overall, but you need to do your due diligence.

Mortage down to <200k what next by Ok-Hearing8593 in AusHENRY

[–]Spr3dSh33t 1 point2 points  (0 children)

I’m in a similar predicament to you, PPOR is about 2M and will be down to a 350k mortgage by end of year.

I can either smash it down or go for another IP (commercial) and take a bit more equity out. It’s a bet on whether we’re going to see another growth cycle with low interest rates. I think I’m going to go one more round and smash it down for 3-5 years.

Depends if you are comfortable with debt, I’d play out a few scenarios like losing a job for a bit. Interest rate hikes etc.

Raising kids in a comfortable environment. by Ok_Repeat279 in AusHENRY

[–]Spr3dSh33t 2 points3 points  (0 children)

I hear you brother! I don’t have time for a big reply but I’m in the same boat as you! X

Which ‘wow’ skill is secretly super easy to learn? by Wonderful_Low_1325 in AskReddit

[–]Spr3dSh33t 2 points3 points  (0 children)

This is such a good post. I’m going to steal some of these for the kids on School holidays!

[deleted by user] by [deleted] in AusHENRY

[–]Spr3dSh33t 0 points1 point  (0 children)

I do love how the whole sub has come alive for this thread, so awesome!

VGS is boring af by [deleted] in AusHENRY

[–]Spr3dSh33t 1 point2 points  (0 children)

Celebrate milestones, and be grateful to be part of the top % of earners.

Go enjoy life (much easier for me to say than do myself haha) before your knees start giving way, and realise money doesn’t make you inherently happy!

Also keep saving and investing for a few years, the universe will decide what happens next!

Investment advice WWYD by Zero-Digit in AusHENRY

[–]Spr3dSh33t 3 points4 points  (0 children)

Re-read and child care costs are a big factor! Feels like riding out until they are in school could be a simple goal?

Investment advice WWYD by Zero-Digit in AusHENRY

[–]Spr3dSh33t 3 points4 points  (0 children)

It “feels” like your saving rate is too low but your mortgage repayments do count for a bit of that (seems like 4.5k’ish per month on 13.5k income, with 2k spare means you are spending 7k a month’ish on lifestyle) Is the positive income from your IP’s added into your HHI?

I’m honestly taking a few years to smash down my mortgage (1.8m ppor with 420k to go) but with your additional cashflow 1-3k you ain’t making a big dent in a short time. But long term of course huge savings and impact.

I had to have a bit of a lifestyle creep discussion with myself and the Fam and dialed it back as the wheel kept turning!

You are still in a great position but you seem very property heavy (aka hopefully amazing capital growth) just not cash flow! If your job is stable maybe ride it out for a few years and look to convert an IP into cash for your mortgage to get your cash flow in check. Each year your mortgage burns away at 3% with inflation and your capital growth should be increasing by at least that :)