“You need to earn over 13% on your investment to be better than paying down the debt… debt repayment is risk-free”
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Said on Get Started Investing
“Automate minimum repayments on any debt, including your HELP debt. If possible, that automatically happens, but you want to pay it off quicker.”
Dev Raga Personal Finance · 639 how automation leads to wealth
Play from 13:42
13:42
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What was described
Set up automatic minimum debt repayments (including HELP debt) and optional voluntary extra payments
Said nearby on the same subject
“Number two would be paying principal and interest repayments on your tax-deductible debt when you also have owner-occupied debt… preserve that, don’t pay it off”
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Pat Noll
Equity Mates Investing Podcast ·
“Most developers, including myself, are getting capitalized interest, which means I don't have to pay it every month. I pay it when I finish the project, sell down, the bank gets the debt, then the interest rate repayment”
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David Hamilton
Inside Commercial Property ·
“It's a simple formula. And what it is, is it calculates a ratio, a number that takes your net operating income divided by your total annual debt service, your debt payments, and it gives you a number that can be used to compare.”
HL
Henry Lopez
The How of Business - How to start, run, grow and exit a small business. ·
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