tag:blogger.com,1999:blog-3359808312138659853.post7781938312368175687..comments2024-02-26T21:10:26.057+11:00Comments on Journey to 90 million: May 2014 Net Worth: 492,000 (+0.8%) and Expenditure Tracker90million bloggerhttp://www.blogger.com/profile/02641334742379054513noreply@blogger.comBlogger11125tag:blogger.com,1999:blog-3359808312138659853.post-71417488135504242202014-06-09T16:14:53.566+10:002014-06-09T16:14:53.566+10:00You're welcome, this may have been a staff off...You're welcome, this may have been a staff offer but thought that all banks offered 5 year fixed loans.. I could be wrong here.. Anonymoushttps://www.blogger.com/profile/14315435106307275069noreply@blogger.comtag:blogger.com,1999:blog-3359808312138659853.post-23027936584720244812014-06-09T00:03:41.724+10:002014-06-09T00:03:41.724+10:00I didn't know Westpac offered rates that long ...I didn't know Westpac offered rates that long - will definitely check them out when I have to refinance my loan next year. Thanks for the heads up!90million bloggerhttps://www.blogger.com/profile/02641334742379054513noreply@blogger.comtag:blogger.com,1999:blog-3359808312138659853.post-22562968168114347242014-06-07T16:19:54.970+10:002014-06-07T16:19:54.970+10:00Thought you could lock in for up to 5 years at lea...Thought you could lock in for up to 5 years at least that's what it was when I worked @ Westpac..<br /><br />While the rates for fixed are generally higher I see them going up (not by a lot) over the next few years.. Then again banks aren't going to rip themselves off and probably know a lot more about rates then what the average Jill or Joe would knowAnonymoushttps://www.blogger.com/profile/14315435106307275069noreply@blogger.comtag:blogger.com,1999:blog-3359808312138659853.post-551714186045403382014-06-05T16:15:38.296+10:002014-06-05T16:15:38.296+10:00Mortgage rates in Australia are around 5% however ...Mortgage rates in Australia are around 5% however the difference is that we are unable to fix our rates for an extended period of time (2 - 3 years max). If I could fix these rates for an extended period of time I would think about doing it.90million bloggerhttps://www.blogger.com/profile/02641334742379054513noreply@blogger.comtag:blogger.com,1999:blog-3359808312138659853.post-13654447693453741412014-06-05T01:43:39.135+10:002014-06-05T01:43:39.135+10:00What are mortgage interest rates in Australia? I ...What are mortgage interest rates in Australia? I am from the states (Wisconsin) and mortgage rates are only 4%. Therefore, my strategy is to lever my personal residence and invest the funds in my share account to gain a higher yield.... Anonymoushttps://www.blogger.com/profile/15216991769911193232noreply@blogger.comtag:blogger.com,1999:blog-3359808312138659853.post-85200350223344798412014-06-04T08:50:56.708+10:002014-06-04T08:50:56.708+10:00Hi Rob. I'm thinking of buying a house in the...Hi Rob. I'm thinking of buying a house in the 600 - 650k range. I'm thinking of buying it with only ~50% leverage though. <br /><br />I would normally lever it much more but I will be drawing all my available cash out of my investment property loan and I want to be able to service the total loan portfolio in the absence of rental income from the investment property (I'm quite conservative in this sense)90million bloggerhttps://www.blogger.com/profile/02641334742379054513noreply@blogger.comtag:blogger.com,1999:blog-3359808312138659853.post-55061988803161431742014-06-04T08:48:33.978+10:002014-06-04T08:48:33.978+10:00Hi Streetikonz! Welcome back!
I'm probably n...Hi Streetikonz! Welcome back!<br /><br />I'm probably not going to do it every month but next month I'm going to do a bigger breakdown of what my assets and liabilities look like for my annual performance review. It should give you a peak at the structure of my portfolio.<br /><br />That being said - I do tend to keep it simple. I don't have as much structuring as you do and I view my investment property loan as a portfolio type loan. I.e. the cash I put into that loan can be pulled out later to invest in shares etc.<br /><br />Anyway you will get much more detail next month.90million bloggerhttps://www.blogger.com/profile/02641334742379054513noreply@blogger.comtag:blogger.com,1999:blog-3359808312138659853.post-31016186619322011152014-06-04T08:46:00.516+10:002014-06-04T08:46:00.516+10:00Thanks for the comments on the blog. I think I...Thanks for the comments on the blog. I think I'll stick to this format for the near future (unless there is a lot to talk about).<br /><br />Automatic savings plans are amazing - the fact that you never see the money means that it never even forms part of your budgeting process (superannuation is great for the same reason)!90million bloggerhttps://www.blogger.com/profile/02641334742379054513noreply@blogger.comtag:blogger.com,1999:blog-3359808312138659853.post-14342090402486471072014-06-04T07:41:42.273+10:002014-06-04T07:41:42.273+10:00What is your target price for a home purchase? What is your target price for a home purchase? Anonymoushttps://www.blogger.com/profile/15216991769911193232noreply@blogger.comtag:blogger.com,1999:blog-3359808312138659853.post-24889424174543717402014-06-03T15:12:43.270+10:002014-06-03T15:12:43.270+10:00When are we going to see a comprehensive breakdown...When are we going to see a comprehensive breakdown of your assets and liabilities? I'm dying to know what you've got under the bonnet!Streetikonzhttps://www.blogger.com/profile/12434013459425697709noreply@blogger.comtag:blogger.com,1999:blog-3359808312138659853.post-53837269957243768762014-06-02T23:22:02.571+10:002014-06-02T23:22:02.571+10:00I think it is great together as one post, there is...I think it is great together as one post, there is not too much happening and it is not too long.. Consolidates it all nicely, only my thoughts though :)..<br /><br />Congrats on the 500k mark approaching as well, awesome effort and I'm sure the momentum will really start to kick off nicely now.. Can not agree more with paying yourself first as well, one of the vital factors of gaining financial independence :)Anonymoushttps://www.blogger.com/profile/14315435106307275069noreply@blogger.com