"I mean think about it, say you had $500k. You borrow $1 mill @6%. You then buy 300k TLS shares at 5.00 each. Yearly dividends is 133k, you pay 60k interest and have 73k left. That's 14.6% pa return on your 500k for bugger all work and no stress because the LVR is so low. Anyway, that is the theory. Obviously a few big assumptions in there, but that is what I am thinking about atm. It's a work in progress."
Does sound good and i look forward to updates! Call me old fashioned but I'd probably buy a house instead . You have a much better understanding of the rates involved than i do and a higher risk tolerance im thinking but im looking at things from the perspective of quieter business conditions and less risk tolerance.
Another red day perhaps coming up let the games roll on!
. You have a much better understanding of the rates involved than i do and a higher risk tolerance im thinking but im looking at things from the perspective of quieter business conditions and less risk tolerance.
