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yeah WAM, down 20% in 6 months totally wiping out the divvy AND...

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Sector

35,472 Posts.

2863

07/08/22

21:16

Post #: 62973096
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Originally posted by takingprofits: ↑

I say that's a good call,

never be an owner occupier, everything is working against you.

property price $1,000,000.00
stamp duty $ 60,000.00
total $1,060,000.00

or invest in WAM which is 12% return

equals $127,000.00 PA

spend $40,000 on rent{which is owned by a family member).

live on $87,000 or maybe save some of that and buy a rental property for a family member to live in.

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yeah WAM, down 20% in 6 months totally wiping out the divvy AND some capital

way to go trader!!

Last edited by Sector: 07/08/22
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