I think i might be misunderstanding something here pin, but ppor loan isn’t tax deductible.

I dont think rugby has an investment loan yet??? am i right rugbyfan?

Josh

I’m not quite sure i get what your trying to do but…..

when you take the money out of the ppor #1 and into an ing account for 8 months what benifits does this have?

Why not take it out when you need it for the ppor #2.

If you redraw against ppor #1 for investment that loan is tax deductible but the rest (remaining on the house) isn’t.

I hope…[Read more]

Has the loan on your ppor been paid off? Since the interest on it isn’t tax deductable you may get a better return.

Josh

Shirley,

I know townsville had a large student population but I thought it mas mainly an army town.

Josh

Hi ricky.

buying a ppor does provide a sense of security, and with your numbers they do look alright, The main thing is once you’ve paid it off whether you’re happy with it or will then decide to upgrade to a bigger house and a bigger morgatge.

If you can resist that (and the put more money doing expensive reno on the house) you’ll probably come…[Read more]

Hi westan,

I’ll agree with flexability and reviewing your plan every so often. I think for property this is probably the best option, however for the stockmarket a more rigid plan is needed. Changes should only be made with future buys, preferably with no money in the market as this may cloud your view. Fortunatly with property a slower choice…[Read more]

As terry said, not a wise move as you lose the tax deductability of the loan.
However I would look at paying minimum/fixing the investments and trying to pay down the ppor loan down first. I’ts intrest isn’t tax deductable.

JOsh

I’d be interested to know if anyone here had a plan written down for property investing.

A trading plan is essential for the stockmarket, what about the property market?

Josh

Well I must say I’m just starting with this property thing. I would probably say that now might not be the best time to invest in property as good deals are hard to find.

Personally I’m waiting a bit and trying to save a bit more. However now is the best time to learn about property as there are plenty of people out there who are interested in…[Read more]

thanks mel

Josh

The only problem i think is that the lender takes most of the reward and little of the risk.

Josh

I think there is a place for both in any strategy.

I think that generally higher yielding properties will provide lower CG which in the long term 4% of a good cg IP is better than a 10% yield of a poor CG IP.

However neg gearing at some stage will be limited to the repayments/salary you make.

Josh

fatboy, I would agree with the not investing in something you don’t know. (paying of the ppor would be my choice). There is a lot to learn about the stockmarket and there are many ways tto do it. That is one of the reasons it is so fascinating.

I believe that the stockmarket has ads and disads over property and that it moves at different times to…[Read more]

Mel, I could be wrong here but I thought once you bought a house (IP) the fhog no longer applied.

Josh

Mel, I could be wrong here but I thought once you bought a house (IP) the fhog no longer applied.

Josh

Ok Phil, I’ll put ‘house’ a new post in general ‘house’ investing.

Josh ‘house’

I’d ride the horse!

I think it comes down to how disciplined you are at saving.

1) PPOR pay off loan/not tax decuctable interest and then invest will set you back a number of years in investing.

2) Rent, invest the difference (this is the hardest for most people to do) I believe will generally put you ahead thanks to the extra years…[Read more]

Personally I’m not in the housing market, still learning and I don’t think it’s the best time to buy.

I’ve bought into the biggest circus in town; the stockmarket.

Josh

Another Q along the lines of C2….

Is it possible to rent your own place through a trust of some sort. ie owned by the trust but you rent from them?

Josh

Tom

I like the idea of the motivational/discussion group. However becareful of discussing stocks or the stockmarket as you may become one of the herd. (not just JV’s)

Unfortunatly it’ll be unlikely i’ll make the 25 odd hour trip down to sydney anytime soon. Pity you can’t live in north QLD and be close to sydney.

Oh and perhaps watching old…[Read more]