Property Market

[earl]

My misses doesn’t work so I got a loan in her name for the shares and she gets the dividends throughout the year and a tax return from franking credits of 4.5k a year

We (the wife and I) have bought a bunch of shares. If anyone wants to know what to buy you buy the index because it's simple and it works. If you don't trust a random dude on the Internet do your research but Warren Buffet and Jack Bogle will tell you the exact same thing. Anyway this year I've had to pay additional tax due to the increase in income from being paid dividends.

I'm hoping to retire in the next 5 years.

I have shares in about 18 individual companies

Absolutely love the share market and the opportunities the volatility offers

Most dividends should have 30% franking credits attached meaning if you pay 40% tax you should only have to pay an extra 10% to cover your dividends

I buy VGS (all world share-market) which doesn't have franking benefits but I also own VAS (top 200 ASX) and CBA (they've given me free shares because I work there) which do have franking benefits. I also buy some bond funds (VAF and VGB) mainly for when I initially retire and draw down.

 

[tiger05premier]

My misses doesn’t work so I got a loan in her name for the shares and she gets the dividends throughout the year and a tax return from franking credits of 4.5k a year

We (the wife and I) have bought a bunch of shares. If anyone wants to know what to buy you buy the index because it's simple and it works. If you don't trust a random dude on the Internet do your research but Warren Buffet and Jack Bogle will tell you the exact same thing. Anyway this year I've had to pay additional tax due to the increase in income from being paid dividends.

I'm hoping to retire in the next 5 years.

I have shares in about 18 individual companies

Absolutely love the share market and the opportunities the volatility offers

Most dividends should have 30% franking credits attached meaning if you pay 40% tax you should only have to pay an extra 10% to cover your dividends

I buy VGS (all world share-market) which doesn't have franking benefits but I also own VAS (top 200 ASX) and CBA (they've given me free shares because I work there) which do have franking benefits. I also buy some bond funds (VAF and VGB) mainly for when I initially retire and draw down.

Is that Vanguard?

They are one I'm looking at buying in the next crash

I have a big list of shares and funds I'm going to go through and decide which are the best opportunity when the next crash happens

 

[earl]

My misses doesn’t work so I got a loan in her name for the shares and she gets the dividends throughout the year and a tax return from franking credits of 4.5k a year

We (the wife and I) have bought a bunch of shares. If anyone wants to know what to buy you buy the index because it's simple and it works. If you don't trust a random dude on the Internet do your research but Warren Buffet and Jack Bogle will tell you the exact same thing. Anyway this year I've had to pay additional tax due to the increase in income from being paid dividends.

I'm hoping to retire in the next 5 years.

I have shares in about 18 individual companies

Absolutely love the share market and the opportunities the volatility offers

Most dividends should have 30% franking credits attached meaning if you pay 40% tax you should only have to pay an extra 10% to cover your dividends

I buy VGS (all world share-market) which doesn't have franking benefits but I also own VAS (top 200 ASX) and CBA (they've given me free shares because I work there) which do have franking benefits. I also buy some bond funds (VAF and VGB) mainly for when I initially retire and draw down.

Is that Vanguard?

They are one I'm looking at buying in the next crash

I have a big list of shares and funds I'm going to go through and decide which are the best opportunity when the next crash happens

Yep. I only buy Vanguard indexes. I think there are other options but Vanguard is pretty good.

Its so much easier than picking shares plus most punters (and professionals) under perform the index.

 

[tiger05premier]

My misses doesn’t work so I got a loan in her name for the shares and she gets the dividends throughout the year and a tax return from franking credits of 4.5k a year

We (the wife and I) have bought a bunch of shares. If anyone wants to know what to buy you buy the index because it's simple and it works. If you don't trust a random dude on the Internet do your research but Warren Buffet and Jack Bogle will tell you the exact same thing. Anyway this year I've had to pay additional tax due to the increase in income from being paid dividends.

I'm hoping to retire in the next 5 years.

I have shares in about 18 individual companies

Absolutely love the share market and the opportunities the volatility offers

Most dividends should have 30% franking credits attached meaning if you pay 40% tax you should only have to pay an extra 10% to cover your dividends

I buy VGS (all world share-market) which doesn't have franking benefits but I also own VAS (top 200 ASX) and CBA (they've given me free shares because I work there) which do have franking benefits. I also buy some bond funds (VAF and VGB) mainly for when I initially retire and draw down.

Is that Vanguard?

They are one I'm looking at buying in the next crash

I have a big list of shares and funds I'm going to go through and decide which are the best opportunity when the next crash happens

Yep. I only buy Vanguard indexes. I think there are other options but Vanguard is pretty good.

Its so much easier than picking shares plus most punters (and professionals) under perform the index.

My misses doesn’t work so I got a loan in her name for the shares and she gets the dividends throughout the year and a tax return from franking credits of 4.5k a year

We (the wife and I) have bought a bunch of shares. If anyone wants to know what to buy you buy the index because it's simple and it works. If you don't trust a random dude on the Internet do your research but Warren Buffet and Jack Bogle will tell you the exact same thing. Anyway this year I've had to pay additional tax due to the increase in income from being paid dividends.

I'm hoping to retire in the next 5 years.

I have shares in about 18 individual companies

Absolutely love the share market and the opportunities the volatility offers

Most dividends should have 30% franking credits attached meaning if you pay 40% tax you should only have to pay an extra 10% to cover your dividends

I buy VGS (all world share-market) which doesn't have franking benefits but I also own VAS (top 200 ASX) and CBA (they've given me free shares because I work there) which do have franking benefits. I also buy some bond funds (VAF and VGB) mainly for when I initially retire and draw down.

Is that Vanguard?

They are one I'm looking at buying in the next crash

I have a big list of shares and funds I'm going to go through and decide which are the best opportunity when the next crash happens

Yep. I only buy Vanguard indexes. I think there are other options but Vanguard is pretty good.

Its so much easier than picking shares plus most punters (and professionals) under perform the index.

Betashares and WAM do similar and are apparently pretty good

They cover most indexes? (Is that what they call them)

Asian and Nasdaq etc

 

[hobbo1]

Own a home ( fully finished) mortgage free .
Goals .. kick the kids out !

I'm in this position as well.

Man, i was talking to a co worker recently.
Bought a house back in the day for $130,000 which is currently worth 1million odd.

How times have changed.

Mine was $155k
?
5k deposit which the mrs paid ?

Whats the current value?

Before prices went down about $725k - $760k
Dunno about now ?

 

[Demps]

Own a home ( fully finished) mortgage free .
Goals .. kick the kids out !

I'm in this position as well.

Man, i was talking to a co worker recently.
Bought a house back in the day for $130,000 which is currently worth 1million odd.

How times have changed.

Mine was $155k
?
5k deposit which the mrs paid ?

Whats the current value?

Before prices went down about $725k - $760k
Dunno about now ?

Very nice m8.

Good numbers.

 

[hobbo1]

Own a home ( fully finished) mortgage free .
Goals .. kick the kids out !

I'm in this position as well.

Man, i was talking to a co worker recently.
Bought a house back in the day for $130,000 which is currently worth 1million odd.

How times have changed.

Mine was $155k
?
5k deposit which the mrs paid ?

Whats the current value?

Before prices went down about $725k - $760k
Dunno about now ?

Very nice m8.

Good numbers.

Yeah I guess so, but if we ever sold up and moved we’d have to live somewhere so it’s all irrelevant unless we moved to Some hick town in Queensland..

Don’t have kids mate and you’ll be loaded ?

 

[Papacito]

Own a home ( fully finished) mortgage free .
Goals .. kick the kids out !

I'm in this position as well.

Man, i was talking to a co worker recently.
Bought a house back in the day for $130,000 which is currently worth 1million odd.

How times have changed.

Mine was $155k
?
5k deposit which the mrs paid ?

Whats the current value?

Before prices went down about $725k - $760k
Dunno about now ?

Very nice m8.

Good numbers.

Yeah I guess so, but if we ever sold up and moved we’d have to live somewhere so it’s all irrelevant unless we moved to Some hick town in Queensland..

Don’t have kids mate and you’ll be loaded ?

So true. Prices go up but most of the time people are buying into the same market.

 

[Tigerwould]

@Tigers05premier I also bought in 1998. One and only house. I've done bits of work on it over the years .doing a major Reno now

 

[hobbo1]

The best part for me is I live close to @geo

Not anymore 117..renting that out at Sandy Point after 21years as the family home..too big for us since the kids moved out..Daughter got married and the son is never coming back after refusing to dump the Rorters..

Now inhabited by a family of Samoan's 3 adults 7 kids...lovely people..

Moved into unit 100m from Macarthur Square we owned and were always moving too..

Have 1 other property in Minto and 1 on the Sunshine Coast..both rented..

The millionaire boys.

Ballers !

 

[tony soprano]

Got too much debt and peering into my crystal ball to see what the property market will do in 20 years but getting no answers.

 

[hobbo1]

Got too much debt and peering into my crystal ball to see what the property market will do in 20 years but getting no answers.

Get a Magic 8 ball 🎱
Instant answers
😂

 

[earl]

My misses doesn’t work so I got a loan in her name for the shares and she gets the dividends throughout the year and a tax return from franking credits of 4.5k a year

We (the wife and I) have bought a bunch of shares. If anyone wants to know what to buy you buy the index because it's simple and it works. If you don't trust a random dude on the Internet do your research but Warren Buffet and Jack Bogle will tell you the exact same thing. Anyway this year I've had to pay additional tax due to the increase in income from being paid dividends.

I'm hoping to retire in the next 5 years.

I have shares in about 18 individual companies

Absolutely love the share market and the opportunities the volatility offers

Most dividends should have 30% franking credits attached meaning if you pay 40% tax you should only have to pay an extra 10% to cover your dividends

I buy VGS (all world share-market) which doesn't have franking benefits but I also own VAS (top 200 ASX) and CBA (they've given me free shares because I work there) which do have franking benefits. I also buy some bond funds (VAF and VGB) mainly for when I initially retire and draw down.

Is that Vanguard?

They are one I'm looking at buying in the next crash

I have a big list of shares and funds I'm going to go through and decide which are the best opportunity when the next crash happens

Yep. I only buy Vanguard indexes. I think there are other options but Vanguard is pretty good.

Its so much easier than picking shares plus most punters (and professionals) under perform the index.

My misses doesn’t work so I got a loan in her name for the shares and she gets the dividends throughout the year and a tax return from franking credits of 4.5k a year

We (the wife and I) have bought a bunch of shares. If anyone wants to know what to buy you buy the index because it's simple and it works. If you don't trust a random dude on the Internet do your research but Warren Buffet and Jack Bogle will tell you the exact same thing. Anyway this year I've had to pay additional tax due to the increase in income from being paid dividends.

I'm hoping to retire in the next 5 years.

I have shares in about 18 individual companies

Absolutely love the share market and the opportunities the volatility offers

Most dividends should have 30% franking credits attached meaning if you pay 40% tax you should only have to pay an extra 10% to cover your dividends

I buy VGS (all world share-market) which doesn't have franking benefits but I also own VAS (top 200 ASX) and CBA (they've given me free shares because I work there) which do have franking benefits. I also buy some bond funds (VAF and VGB) mainly for when I initially retire and draw down.

Is that Vanguard?

They are one I'm looking at buying in the next crash

I have a big list of shares and funds I'm going to go through and decide which are the best opportunity when the next crash happens

Yep. I only buy Vanguard indexes. I think there are other options but Vanguard is pretty good.

Its so much easier than picking shares plus most punters (and professionals) under perform the index.

Betashares and WAM do similar and are apparently pretty good

They cover most indexes? (Is that what they call them)

Asian and Nasdaq etc

VGS is the entire world excluding Australia. VAS is ASX 200. Vanguard is just the biggest and it's been a not for profit company for years. They have a huge amount of funds under management. How cool is it that they are probably the biggest fund manager in the world and they work on a not for profit basis. They work by trying to have the lowest possible fees.

 

[Spartan117]

Nice 1 Geo.

As.i hang at lambeth I always aspire to move to Sandy. On the water.

One day.

 

[jirskyr]

I own a house in innerish Sydney that I bought in 2015. Therefore I will retire when I am about 105.

 

[bbobb]

I am in Tiger territory about 5 mins from where they train. Bought an old Federation in 2001 and totally Renovated it. I have enjoyed the ride of the Sydney market. Have had offers to knock it down and develop it but just can’t do it to the old girl as she is one of the older houses in the area

 

[happy_tiger]

Own a property in Gladstone ....market is at a low point ....dropped at least 40 % since the high point of the LNG plants

 

[hobbo1]

Own a property in Gladstone ....market is at a low point ....dropped at least 40 % since the high point of the LNG plants

Crazy number 40% 😳

 

[happy_tiger]

Own a property in Gladstone ....market is at a low point ....dropped at least 40 % since the high point of the LNG plants

Crazy number 40% ?

Dropped from worth 500 k to maybe 300-320 k

Land went from 127 k to 68 k from memory .....rates didn't drop though ...did they

 

[hobbo1]

Own a property in Gladstone ....market is at a low point ....dropped at least 40 % since the high point of the LNG plants

Crazy number 40% ?

Dropped from worth 500 k to maybe 300-320 k

Land went from 127 k to 68 k from memory .....rates didn't drop though ...did they

Insurance job “ wink” “wink”

Sell block

Move to Sunshine Coast in Geo’s rental

Party on

Squatters rights

Win /win