//biz/
File: 1738179557585998.jpg (68.7 KB)
68.7 KB
>Live in Australia
>I own a house and also have 120k saved in cash sitting in an offset account which saves me around $500 a month in interest
>have invested around 10k in etfs and got into investing as a long term retirement strat

my question:
How do I turn the 120k into more money? I have 600k left on my house and wouldn't mind making some more money to pay it off faster. I'm willing to pay more in interest if it means I will have no mortgage.

Thanks niggers.
Showing all 4 replies.
>>
>I own a house
>I have 600k left on my house

Correction: the bank owns my house
>>
>>62332249
stick to a broad market index fund. you could stick around and find some other investments that you find appealing but dont use more than 20% on those. sounds boring but it will save you a lot of pain
>>
>>62332249
Just go all-in with a MSCI World ETF, I’d invest it progressively over the next months instead of all at once though
>>
>>62332386
How fast will this allow me to pay off my house?

Reply to Thread #62332249


Supported: JPG, PNG, GIF, WebP, WebM, MP4, MP3 (max 4MB)