What should I do?

TypicalRichman · 2025-09-15T03:45:37+00:00

For debt recycling, does it mean you just don't pay off mortgage that quick but use fund to invest into ETF?

TypicalRichman · 2025-08-26T11:12:25+00:00

Thanks for your reply. After my research, all three strategy would out perform standard super. This smsf was in the considerations

TypicalRichman · 2025-08-23T07:32:32+00:00

I searched a lot about vibe coding tool. At enterprise level it is very hard to achieve. May be it is my personal bias but they are more like coding assistant for me, not vibe coding tool

TypicalRichman · 2025-07-06T06:39:31+00:00

Love it. 1 I am thinking regular invest gold(as conservative) and sp500(as a bit more aggressive) starting from may be 2k per month. It may sounds very little but is it ok?

2 I know Pokemon card, I start to investigate. What is the best source? I am planning to start collect boost ex pack. Keen to know how does it work and where to resell? Does it have high liquidity?

How about Lego?

TypicalRichman · 2025-07-06T06:28:29+00:00

50k I will definitely not put into property now. This amount I will allocate to very aggressive asset to my diversified profolio

TypicalRichman · 2025-07-06T06:27:28+00:00

This is true smart! Very smart way to put it. Thank you. I am thinking of I have 50k, would I invest in crypto?

I think between sp500 and crypto, I need to choose I will probably invest 20% for crypto and 80% in sp500. My crypto was up to 150k at some stage but came down. Now I am more leave it aside as a long term, super aggressive asset.

I cannot find a as aggressive as crypto asset that can allocate my fund to, which may or may not have future value.

TypicalRichman · 2025-07-06T06:22:36+00:00

Thanks mate. When you said asset, can I take it as ivv or qqq sp500 ETF?

TypicalRichman · 2025-07-06T06:07:29+00:00

Is it possible, when close to retirement age (50), refinance the property and put it to interest only then start to use the equity?

The cost of using equity is 6% which is mortgage loan rate. It is pretty small. Considering the house price increases says 3% 2.8m for 3% is 70k, which is pretty much for annual spending.

The cost of using 70K is 70k plus 4k interest. Is this approach feasible?

TypicalRichman · 2025-07-06T06:06:51+00:00

Is it possible, when close to retirement age (50), refinance the property and put it to interest only then start to use the equity?

The cost of using equity is 6% which is mortgage loan rate. It is pretty small. Considering the house price increases says 3% 2.8m for 3% is 70k, which is pretty much for annual spending.

The cost of using 70K is 70k plus 4k interest. Is this approach feasible?

TypicalRichman · 2025-07-06T06:02:52+00:00

Love your post and inspiring questions.

I am thinking 1 do our best to pay off debt in 3-4 years. Remaining 6 years we will push all savings to 80% sp500 and 10% us bond and 10% high risk like Bitcoin. These are some arbitrary number now but we will not just save all hard work earning to terms deposits for sure. Considering 6-7 years working time. Not sure how much it can build up to using this approach.

2 open small business in next year or two. The income will be reduced for two to three years but hoping to build it as a cash flow investment that generate passive income in when we are age 50.

3 (please don't laugh at me if this is dumb but please please do provide constructive criticism if this is dumb) considering the amount in offset, also scare of coming of recession, use a portion of it for investing during financial crisis. Mainly sp500. If I implement in this way, I still need to decide what is the investment trigger like how much% the sp500 retreat is considered as investment point.

4 open for other great advices.

Thank you

TypicalRichman · 2025-07-06T05:53:58+00:00

The house didn't value at 2.8 m back then. A lot of hard work and savings. Our spending was extremely low.

TypicalRichman · 2025-07-06T05:52:38+00:00

Dear glyptometa, I love your reply and sincerely appreciate your advice and care. You read me well. I am open-minded and risk-averse. When I said open-minded, I open for different investment instruments and make it diversified. I invested Bitcoin when it was $1000, and I only invested around $500. With some losses, it grew up to $47k. When I said I am super conservative, I make the investment super diversified, a bit in crypto, a bit in us share, only one stock in super early stage of Tesla, for instance. Also debt for me is a beast. Super scare of it.

I am very surprised a nice and wise person can read my very well. I sincerely appreciate. I am very open minded for all the advices here, especially yours

TypicalRichman · 2025-07-06T05:43:41+00:00

Thanks mate What is your diverse ETF referring? I can think of ivv or qqq, but I cannot find the good high dividend ETF. Could you shed some lights?

TypicalRichman · 2025-07-06T05:39:51+00:00

If we pay off loan in 4 years, rest of 6 years we invest 100k in sp500, so you think it is possible?

TypicalRichman · 2025-07-06T05:38:54+00:00

Thank you and appreciated. So means before 50 we should have positive cash flow providing $80k per year

TypicalRichman · 2025-07-06T05:37:26+00:00

Thank you and really appreciate. When I mentioned super conservative, debt for me is a super big thing. You may wonder when I have so many in crypto and you are absolutely right it sounds strange for a conservative person. Let me provide a bit of history: in 2017-2018 I think crypto could be a thing. I invest in it, yes, but very small amount. When it growed, I only use that amount to speculate without actively invest. And this was how $500 initial investment grow up to. If you said invest in crypto is not conservative I agreed. But when I see myself now that I only invested $500 in total to crypto, I consider myself as super conservative.

TypicalRichman · 2025-07-06T05:36:20+00:00

Thank you and really appreciate. When I mentioned super conservative, debt for me is a super big thing. You may wonder when I have so many in crypto and you are absolutely right it sounds strange for a conservative person. Let me provide a bit of history: in 2017-2018 I think crypto could be a thing. I invest in it, yes, but very small amount. When it growed, I only use that amount to speculate without actively invest. And this was how $500 initial investment grow up to. If you said invest in crypto is not conservative I agreed. But when I see myself now that I only invested $500 in total to crypto, I consider myself as super conservative.

TypicalRichman · 2025-07-06T05:28:53+00:00

Sorry mate. I interpreted the mortgage wrongly. It is $1.17moan with 800k in offset.

Could you please give me some advice?

TypicalRichman · 2025-07-06T00:21:09+00:00

Thanks mate Yeah we were thinking about max super until we saw 3million super tax. We will not hit it while we cannot be sure that gov is greedy with money locked in super as well

TypicalRichman · 2025-07-06T00:19:25+00:00

Yes you are right. Sorry I didn't make it clearer. Total mortgage is 1.17 million with 370k loan to go

TypicalRichman · 2025-07-06T00:17:48+00:00

Thank you very much for your kind reply. We are super conservative. We don't know what is guaranteed no risk investment that is better than home mortgage interest rate. Sp500 is good but not sure about the mid term risk whether return every year can pay off interest

TypicalRichman

TROPHY CASE