need some property ideas, page-37

geeze warnie, i thought you were a bit more savvy-

You ask "Get a loan over the new property at say 8.5% p.a and invest the funds you have in a vehicle that gives you more than 8.5% return p.a.

Would that not be a sound strategy for you?

Why you would want to buy a property leaving no debt and no income derived from that asset I dont know.

Again each to their own I guess."

Because the 8.5% i would be paying in interest is not tax deductable nor do i have to pay any tax on it.
If I were to earn 9% pa from a term deposit or bonds etc etc after tax it would only amount to probably 5%.

So really I would need to be earning around 14% PA or more to make it worthwhile.
I have an investment company with plenty of cash in it for investing and the current market is making it hard to find many oppurtunities as it is....just take a look at the return of the fund managers over the last 12 months...nearly all gave negative returns.

Hope you understand this post.