Recent Posts

I wish i could use my super to pay off my property. It was doing very well previously but now it’s tanking. I was the highest risk category for max growth as i don’t believe i’ll see it by the time i retire. maybe time to reconsider….

Olivers are very good too. I ‘m sure they are still Australian made. A wormy camp dog stole my left boot from my front door when i lived in Ketherine.

d by nature it is.

Why do i get the feeling that a few of the names on this forum are the same person?

I can see a way past the food crisis. Plant a small garden and make sure you grow your fav ‘erbs. you’ll save $20 a week minimum and get a calisthenic workout too.

Surely we all have enough rice, flour, sugar and beans by now to absorb some supply shock?

They have tried to train us to get jabbed, show ID whenever leaving house, dob in people, stay home, distrust alternative opinion, prepare for food shortages but not to stockpile, panic buy, prepare for austerity, not eat meat, price increases....it goes on. I call it training to get used to 3rd world living.

So true. It is very bad in my area. Out of 18 kids in my sons class only 2 have their birth parents, the rest are mix n match families.

I worked with 2 blokes who were late 50's and were recently divorced. They went through the wringer and had no chance of owning a home or having much super after the divorce. Times are changing and younger splits are a bit more even in terms of financial pain dished out.

That is a great plan, do it, stick to it and your life will become much more stabilised. If personal shtf comes and you have paid down mortgage significantly then remortgaging could get you out of trouble by lowering repayments per fortnight.

In a world gone by i'd say to you to pay down X debt on your house then use that equity to use on another investment. There is a point where pumping money to completely erase debt becomes the second best option in terms of money making. However These days i'm all for getting all debts to zero.

I’ve recently made good money in shares and it can be done and done well. It is still a risk and often not worth it unless you go pretty big. Dividends can be very generous.
Property has given me large theoretical wealth which was easy money.

We pump large amounts of money into what is left of our homeloan. We have been fortunate enough to have paid off 1/3 of our debt and see a 125% increase in the value of our land in less than 3 years. THIS is the biggest thing you can do to get financially stable in my opinion.

we have a lot of savings for an emergency. corgiking is right a minimum 3 months savings for living expenses.
I make some extra dollars on cattle on my land. they are 4 legged gold nuggets in the paddock.

I like the idea of gold but won’t go there myself as i simply could not be bothered.

Anything to do with rare earths should be investigated, it is paying well.