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  • Profile photo of jellison72jellison72
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    @jellison72
    Join Date: 2011
    Post Count: 4

    yeah that is what i was thinking because if something happens and cant save $1000 a financial year, i cant access the money until im 65 or i have to put it in my super annuation account

    Profile photo of jellison72jellison72
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    @jellison72
    Join Date: 2011
    Post Count: 4

    sorry just one more question, would by investment be of greater value if i put $5500 in first home saver account and $4500 in savings account (6%) or if i just put $10,000 in the savings account with 6%. I have done the figures myself and it roughly the same

    Profile photo of jellison72jellison72
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    @jellison72
    Join Date: 2011
    Post Count: 4

    Thank you very much for your suggestions. I’m now thinking the first home owner savings account for $5500 and the other $4500 in bank shares. I was just wondering though, am I still eligible for the home savers account if I don’t live in the property and rent it out? Thanks again

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