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21-10-2015, 02:50 AM
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#62 | ||
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Bathed In A Yellow Glow
Join Date: Mar 2010
Location: NSW Central Coast
Posts: 2,530
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I’m another one who likes property for a whole mess of reasons but a million dollars wouldn't do much in high growth sought after areas where the real money is so as an alternative I'd be looking at some form of interest based investment.
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21-10-2015, 07:57 AM
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#63 | ||
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Thailand Specials
Join Date: Aug 2009
Location: Centrefold Lounge
Posts: 48,597
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Its not the toys that you've got when you get put in the ground, its the toys you've played with.
Chances are they'll find me dead under some bridge somewhere next to my 205L drum but my Nissan GTR parked next to it  I'd never have a million dollars because there are too many nice cars on the way up to the seven figure mark
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21-10-2015, 10:27 AM
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#64 | ||
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Critical Thinker
Join Date: Jan 2005
Location: Adelaide
Posts: 20,283
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These days 1 mil doesn't get you too far. Not like it used to 40years ago. Some houses cost as much so there it all goes. You can't really retire on it unless you live a very simple life. You would still need to work.
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"the greatest trick the devil pulled, is convincing the world he doesn't exist" 2022 Mazda CX5 GTSP Turbo 2018 Hyundai Santa Fe Highlander 1967 XR FALCON 500 Cars previously owned: 2021 Subaru Outback Sport 2018 Subaru XV-S 2012 Subaru Forester X 2007 Subaru Liberty GT 2001 AU2 75th Anniversary Futura 2001 Subaru GX wagon 1991 EB XR8 1977 XC Fairmont 1990 EA S Pak 1984 XE S Pak 1982 ZJ Fairlane 1983 XE Fairmont 1989 EA Falcon 1984 Datsun Bluebird Wagon 1975 Honda Civic |
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21-10-2015, 02:04 PM
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#65 | ||
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Performance moderator
 
Join Date: Feb 2005
Location: St Clair..N.S.W
Posts: 14,875
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Two or more investment propertires in outer CBD would possibly have more growth over time ? Plus better income, rental potential.. Remember it's an investment .. Not your own home ., work plenty ot pay rentals and tax refund pay your house you reside in .. This way your money is working for you ..
Much better than working for money .. Paying over 40% income tax ..
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Real cars are not driven by front wheels,real cars lift them!!... BABYS ARE BOTTLE FED, REAL MEN GET BLOWN. Don't be afraid to try something new. Remember, amateurs built the Ark...Professionals built the Titanic! Dart 330ci block turbo black pearl EBXR8 482 rwkw.. Daily driver GTE FG.. Projects http://www.fordforums.com.au/showthread.php?t=107711 http://www.fordforums.com.au/showthr...8+turbo&page=4 |
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Re: If you had one million to invest
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