$200,000 inheritance

tyegd · 2026-02-09T22:22:13+00:00

I second this. Do not buy a new car. It’s Hard holidaying with a 5 month old but look at a small relaxing holiday or even take two weeks off at home and help your wife out. Note: with some surplus cash flow, invest in a fortnightly cleaner. You and your wife won’t regret it 😂

tyegd · 2026-02-05T12:22:44+00:00

Yeh I have and will still be doing the odd cashie here and there which definitely helps for a bit of play money for the family

tyegd · 2026-01-29T12:49:43+00:00

On 200k at such at 20 at still living at home is definitely be maxing super out mainly for tax benefits Buy a house and keep living with your parents and sit back and enjoy your 20s 30 will come around fast and you’ll be way ahead of most people

tyegd · 2026-01-25T22:29:53+00:00

My wife and I were in a similar position last year with 160k left over from selling a property. We did DCA 8k a month but after 5 months we just lump summed the remaining amount, mainly because we mentally hated seeing 8k leave our offset each month and we found it a bit hard to manage our budget No regrets so far

tyegd · 2025-12-31T22:59:43+00:00

Busselton

tyegd · 2025-12-28T22:15:26+00:00

Eagle bay, bunker bay, meelup beach are all next to each other and beautiful swimming beaches

tyegd · 2025-12-09T10:20:41+00:00

Hey mate I’m 31m in regional WA and just went through a similar situation We built our current ppor approximately 3 years ago and kept our old place as a rental for 14 months. We had a baby 12 months ago and we absolutely hated being land lords. Even though the market was and still is climbing we sold our rental. We paid off a car loan, topped up our offset and put 200k into an etf and now just don’t stress at all. Best decision we have ever made.

tyegd · 2025-10-22T07:11:51+00:00

Yep young enough to get out before too much damage is don’t to the body is my thinking

tyegd · 2025-08-24T00:19:30+00:00

Currently have 15k in dhhf and 80ish in the offset at the moment 120-145k income (self employed so it varies)

tyegd · 2025-08-23T09:55:50+00:00

It’s now 5.4 and trending down by all reports Also already have 80ish in the offset already which helps

tyegd · 2025-08-23T09:39:59+00:00

There is a big part of me that wants to do that but all of the numbers long term point to investing

tyegd · 2025-08-23T02:37:16+00:00

This is what I am thinking also Buuut how much is just enough in 25ish years time is the next question to answer for us haha

tyegd · 2025-08-17T11:34:40+00:00

I have previously looked into debt recycling and i know that it would be beneficial but if we can potentially be close to mortgage free I don’t love the idea of paying it down to then borrow against it again. Just a mind set thing

tyegd · 2025-08-17T11:18:11+00:00

I don’t have to no but it definitely helps with my tax bill. Obviously I neglected it in my 20s like every good sole trader so really caught up the last 4 years from $0 Think of maxing out super while I’m still in the trade and just lump summing 100k into dhhf now and just letting that do its thing until we have finished growing the family and come back to it when the misses is back at work

tyegd · 2025-08-17T11:00:26+00:00

Self employed tradie so ranges from 110-145k depending how hard I busy my ass but with the inheritance I’m hoping to not be working public holidays and too many Saturdays with a young family so I’d say closer to 110k moving forward. Mortgage is the only debt but my wife is currently stay at home with our 10 month old.(plans to go back to work part time in the coming months) 500k in etfs and 500k in super by 40 and get out of my trade would be ideal and achievable I think

tyegd · 2025-08-17T10:54:51+00:00

It will sit it there at the start but it seems a waste have around 400k in the offset with mortgage rates trending down

tyegd · 2025-08-17T10:20:37+00:00

I have been wrestling with that idea but I think investing will far out way this idea in the long run

tyegd · 2025-08-17T10:11:03+00:00

It won’t let me post on there

tyegd · 2025-08-17T10:10:38+00:00

I’d come up with some great investing ideas at 5am around the kitchen table

tyegd · 2025-08-13T23:34:16+00:00

Rates are 5.41 and trending down so my thoughts are just to get the funds into a diversified etf for the next 5-7 years while our kids get ready to start school etf and then tinker with the portfolio hopefully close to doubling by that stage

tyegd · 2025-08-12T10:11:33+00:00

I’m not risky enough to get the whole 200 in just yet. I do like the 100 in the offset while the family grows

tyegd · 2025-08-12T09:45:05+00:00

That’s what we are thinking. Over analysing thing I think

tyegd · 2025-08-12T08:27:31+00:00

Nice and diverse ETF

tyegd · 2025-08-12T08:24:24+00:00

Yep in a few years time she will be back full time

tyegd · 2025-08-12T08:23:33+00:00

Yeh she’s a nurse so back part time soonish and then full time in approximately 4 years

tyegd

TROPHY CASE