“I’ve got my hex debt… about $74,000… I at least want to pay the indexation down each year. So I might top it up if the government amount isn’t enough”
♫
Said on She's On The Money
“I’d prefer it to go into my mortgage offset and offset that mortgage”
She's On The Money · She Chose Europe Over a House Deposit. Now She's Questioning Everything.
Play from 20:57
20:57
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What was described
Considers offsetting her mortgage with the HEX debt rather than paying the HEX debt down directly
Said nearby on the same subject
“You need to earn over 13% on your investment to be better than paying down the debt… debt repayment is risk-free”
♫
Said on Get Started Investing
“Debt recycling… $500,000 non-deductible mortgage, got 50K in savings… split it… now $450,000 and $50,000 and then go invest the 50K into shares… now you have $450,000 non-deductible debt and 50,000 tax deductible debt”
PN
Pat Noll
Equity Mates Investing Podcast ·
“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”
PN
Pat Noll
Equity Mates Investing Podcast ·
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