So 14.1% 1 year returns.. who did better? Seems like no one.

Thank you Irene very informative! Could you please make a video talking about what is you investing style? do you invest every month? waiting for the lows? what is your style? I'm a beginner I want to invest monthly from my paycheck

Hi Irene! :) With the ME Bank option, will I get the bonus interest rate if I deposit the money directly to my HomeME account from an external bank account, or do I need to deposit it to the SpendME account first/instead? If it is the latter, will I still get the bonus interest rate if I transfer the deposit from my SpendME account to my HomeME account or if in case I decide to use the money in my SpendME account? Thank you!❤

Great content!

Non of those conditions interest me and if I’m giving them my money has to be no conditions. ING held my family members money with no interest and refused to give me the sign up moneys had to go to aftca for pain and suffering compensation.

A couple things you didn't factor in that are very important: 1. Assume a higer LVR at 90% (add LMI to your calculations) 2.Continue to assume a 3% return on property after inflation... but that annualised return is on the geared (borrowed) funds. 3. Assume a $100,000 deposit for a $1,000,000 purchase with a 3% return. Your $100,000 investment, thanks to gearing, now returns 30% 4. Yes, gearing does mean that any losses on property are also multiplied - but there's a reason banks will lend 90% of the value on a residential property and not on other asset classes 5. There are significant tax advantages to owning your own home. You did mention stamp duty as a cost, but there's no CGT when you sell your home. If you buy right you can sell at retirement and downsize. 6. Balanced portfolio - you are already investing 11% of your total income into other asset classes through Super - also very tax effective. But mainly - you didn't account for the accumulated benefits of gearing with reference to purchasing a property through borrowed funds.

here a scenario where a couple pay a house of in 4 years.. I did it in 3. Average income single 75, couple 140k. buy in a regional town close to work for 450k 3 bedroom brick house 1970s build. serviceable, can be renovated to add value but otherwise good condition. there buils are 35k a year. leaving 110k to save. they save 20% deposit in a year. they buy and move in. they now save 120k per year. with a 340 k mortgage. they pay the house off in 3 years. they now have 140k to live on... do this twice and in 8 years, sell both and you'll have a paid off house in Sydned in 8 years vs 30 years.

Love your work. Thank you.

$8000 pa maintenance costs, where do you get this figures?

Aust property valuation is 13x wages! Aust property to gdp is 420%! Household debt to gdp is 220%! It's a ponzi! Wake up. Look at the real data under the hood. Aust property bubble has surpassed the US gfc and the great Japanese property bubble in 90s!

Just steal a house. There's a chronic shortage of police so it can take weeks to months for them to drag you out

When you rent if anything breaks or leaks the owner pays for it - that includes special levies which are not a small amount in older buildings - you did not factor that in - significant over time.

$8000 on maintenance seems high. I dont think Ive spent $8k total over the last 5 years. Not that it matters, just changes the calculation a bit.

We're using 67% of our income on property. 22% expenses. Rest to support parents who had easy lives. Still poor.

Ik no one that makes 90k

99% of people don’t make 1800 a week

Great video. Popped up at just the right time

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What an incredible video ❤

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Perfect video for my quarterly financial review. Thank you

Given that the same size home loan will be in progress, the equivalent point is simply where Investment Returns after Tax = Loan interest rate. About 8%+ gross return vs 6% interest. That's basically the gamble. Even cash flow could be debated since investments are liquid.

Good quality info. Thanks.

Thanks for your insight 👍

"Total cost of loan" is a red herring, it should not be included in the table. It is irrelevant as in both scenarios the couple live in the same house and commit the same amount of money per month. As those variables are the same in both scenarios, the calculation should just be their net worth of their investment and their house.

Now do investing in bitcoin instead of s&p

Interesting video. Not sure on your age but your number made me chuckle. In Melbourne 2008 our 30sqm 4 bed, 650 sqm land home cost 400k brand new build. A 650k home in 1994 would be a mansion in the CBD haha My parents home in 94 cost 130k My dad was a mechanic earning 25k pa No way a average person would have 6k peronth in 1994

Try not to cover the letter V in your thumbnail :D

Pay off the Mortgage, if real hard times hit, your investments will crash, but having a roof over your head can make all the difference - even if you have to cut off power, cable and internet.

paid off mortgage in mid 40s by paying extra every month. Put money to superannuation especially more after mortgage paid off. Now super balance 2x TBC at 60 years old. Plus IP outside super.

Nice work, very clear to me early on the tax man is also taking a slice of your money by investing compared to paying down your loan - in effect, that is where part of the $700k is disappearing to

Both scenarios are win/win and it all depends on the person and their attitude to debt. Debt recycling would also change the equation significantly and also if that money was invested into super as a low tax environment but it is difficult to compare all scenarios without losing viewers interest along the way.

Awesome video, thanks

Another great video! What are your thoughts on buying an investment property vs investing in stocks assuming no mortgage? I'm considering a 10-20 year view.

Use the offset to generate a huge emergency fund. Once I get there... I'll let you know :D

thanks Zhu. as a parent its really helpfull to know these things . Respect

Theres a missing class between upper middle and upper class. The net worth gab is massive. Do a upper upper middle class bracket.

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Wonderful

This was a great video. Now I have a basic understanding of why they keep doing all these buy backs. Thank U

Vas/Vgs/Vgad/Vism. Easy peasy. Bonds and cash products offered to Aus are lousy. Backtest it.

Great content!

Get an online job and buy a condo in malaysia. Lol

Thank you Irene for simple explanatory video. If I think a buy back is good, the company are buying the shares at a discount to the intrinsic value I would double my exposure by buying more shares, if you agree they are undervalued it should be a bargain. The opposite would be true if I though a buy back was over paying, time to cut my holdings. How many share buy backs are to keep major share holders happy with the CEO, are they a sweet treat that shows a company's growth potential is slowing or reversing.

It's often a scam. Buy backs seem to make the news while Tesla dumping shares on the market goes unnoticed... Look at the dilution... Companies dump shares, then buy back..

After watching your presentation I think every buyback should be scrutinised carefully by regulators for legality and tested against the company's fiduciary responsibility to thier shareholders.

As long as the companies are buying their stocks back from the market (willing sellers)it is fine. Adds value to my position. The company becomes more profitable because it doesn’t have to pay out so many dividends.

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Do you have to transfer when the child turns 18 or can this be delayed to say when they turn 21?