Hi Matt this is just one idea … I don't think property investors can write the rules … I think the rules should be written after careful discussion by licensed people.

I like the idea from a gearing point and to "protect" the asset and increase FAST equity.

A super fund is a future savings account ??

Why not use it to save interest on the PPOR – this one debt is the GREATEST burden to mums and dads.

My brother is a very wise man IMHO … he said to me recently "isn't it stupid that when we get married the average person spends 40 years paying off their home?"

D

D

Hello N0.8 … when you have as much money as one of the richest men in the world you can do with it what you like.

I don't think he is super diversified … recently he made 256 million dollars net profit after an investment in lithium … now he is out. He is an opportunist and smart, focused and calculated to make pure profits then get out, we stay in for too long and lose our money … a true financial planner should be moving investments monthly.

Now he is BIG time into gold, silver, uranium etc … precious metals = focus.

He and people like Kiyosaki and Trump stay away from DERIVATIVES … that is what caused the GFC and it is not over yet my friend.

(most financial planners invest in derivatives of one sort or another) bonds, Storm Financial, Great Southern, Westpoint etc

Now onto Matt.

1) Your super can be a "partner" or a debenture holder of PPOR equity ?????

2) Your super can only be used when there is 50% or greater equity, determined by 2/3 independent valuers, then the valuer is liable and we know how good they are (i mean very good) 

3) The target in my world is that very soon your super will own your PPOR and at that point you will not be allowed to gear it – i working on this now with some xl figures.

4) Yes but the critical factor is TRUE VALUE of your PPOR determined by 2/3 valuers.

5) If you are gearing your PPOR for an investment property a licensed financial adviser must oversee the details and tax implications provided by the developer, sales organization, sales person or unlicensed scammer – thus protecting the integrity of the accounting and financial planning industry and get rid of unlicensed people selling bad investment properties returning 2%.

6) Look at the "reverse compounding" rapid mortgage reduction when this occurs …. your mortgage contribution + 12% super employee + your own super top up +   etc … this is exciting

7) A $500k mortgage over 30/40 years cost 1.5 million dollars to pay off and 80% of people don't get there (inflation, kids, holidays, cars, boats, extensions etc and life)… my way will have the total debt paid out in under 7 years and save over one million dollars in interest.

imagine the joy of true home ownership and not having to come up with those rising interest rates and undue money pressures … just imagine a life of less stress and pressure … it truly can be done if we do it a different way.

The great Wallace D.Wattles wrote a book in 1904 … The science of getting rich – read the book … understand the concept of we have been taught to do things in a certain way … my question is this certain way the right way and my answer is NO because it is not working.

I am a super positive person when you get to know me … the point I am making is if we keep doing what the governments and institutions are telling us to do we will become worse off … it is happening now … this financial mess began in 1971 … read the conspiracy of the rich.

The answer of the governments as they get further into trouble is raise taxes … HELLO … the interest rates are rising because of inflation …  you can tax the rich and their companies who employ the greatest number of Australians then what are they forced to do … invest outside Australia put up prices or reduce staff which creates inflation.

If you are a tall poppy get ready for higher commodity prices, petrol, electricity, local council, rates, toll ways, pay as you go … oh god sorry that's happening now … I must be wrong, not.

How much super do we need to retire … answer … 20 times your current earnings … $70,000.00 x 20 = $1.4 million not including the PPOR

Nothing will change until enough small people have enough guts to stand and fight … this 40% will increase building costs and raise inflation … so if you are a PAYG and not a business owner get used to being poorer.

D … am I wrong N0.8? and if I am tell me why the average Australian (the majority of the population) is worse off today than 2 years ago … not having a go at you in any way.

Haha one minute No.8 you criticize him then you admire him … when you HAVE bucket loads of money you can do what you want.

Buffet always said "diversification" = ZERO

And I would love to have a 37 billion dollar cash account problem, wouldn't you?

You have been trained or programed to think in a "certain way" No.8 … go with Matt for a while and explore an idea that "could" have merit … stay focused on the topic my friend.

Don't take a fence take a gate …

D Financial adviser 

http://www.zerohedge.com/article/meredith-whitney-no-doubt-we-have-entered-double-dip-housing

The system is wrong IMHO and we need to change.

Yes there are current laws with our super and PPOR I know that.

A 5% return on super is not enough to keep up with inflation and rising prices.

I don't believe in diversification, neither does Warren Buffet.

Laws can be changed look at the 40% miners tax … what will be the effects on your business when GST goes to 15% NZ just did it.

People are spending their equity if you can't see that you are blind, look at all the reports of how we have changed over the last 40 years especially how we use our home loan to pay bills, LOC is a perfect example.

If you pay rent to yourself it is the same as contributing to your super under my model.

True wealth is built after you have no home mortgage.

A financial planner or accountant works out your wealth by deducting your debts from your assets.

Scammers won't be allowed to access more than 30/40/50% of your equity as set by the government and that means you can't spend over a determined amount of the value of your home, or you go to jail.

If there is a property or stock market crash all will be mitigated anyway, so no argument there.

Thomas Eddison failed 1066 times before he invented the light bulb … the truth is what we are doing now is not creating a wealthy society for the average Australian … we are teaching people how to use credit cards instead of teaching people how to save money and use it wisely … it is financial illiteracy that is creating a poorer society.

At least I am thinking outside the square with a totally new idea that i believe has merit.

D adviser.