Australia's largest stock trading and investment forum Australia's #1 stock forum

Good opportunity to withdraw cash from super, page-21

First 21 Last

Share
Profile

Follow
Sabbath

9,732 Posts.

337

23/04/20

12:38

Post #: 44211004
Share

Originally posted by boomeronrations ↑

And there you have it Blackstone.
If the money you withdraw allows you to pay off, or avoid new debt with nondeductible interest, then the answer is take it out.
Your effective risk free return is the interest rate you are paying on that debt , plus an adjustment for your marginal tax rate.

Expand

Indirectly it will also prop up the aussie housing market by reducing potential defaults and hasty selling.
Upvote

Reply

There are more pages in this discussion • 33 more messages in this thread...

First 21 Last

SPONSORED BY