Thanks for reading – and yes, doing more venturing out. Part of the reason for larger interest is that we have part of a house deposit for an investment property and have not found one yet. The other part (being fixed) is not having allocated more towards shares. Hopefully over the next 6 months this should be fixed. I will do a asset distribution post at some stage now that I have all the graphs (mmm graphs). And I agree – the more time I spend in Excel the more amazing things I find you can do in it. My most recent find is the “Goal Seek” option. I think it is the ultimate in “what if” planning 🙂

We are aiming to positively gear any property we buy. At worst very small negative gearing for a few years. The main thing I want is for the renters to pay my mortgage. If I have to top it up a little initially that’s ok, but if I get a little left over then WIN! Time frame I am looking is 10 to 20 years of ownership, so other than possibly changing the “when to buy” a few years of “average” performance is not the end of the world. Although, like I said I am now reconsidering timing.

I think there is very little chance of more-than-inflation growth over the next couple of years, but a decent chance of reductions. The only thing I’d say about jumping in soon, is if you want to negatively gear as much as possible, then it may be worth thinking about doing it before the election, because if Labor win and grandfather negative gearing then you might be stuck having to buy one of these oversupplied apartments 🙂

Tristan

Awesome! Great to hear Tom, look forward to seeing this product & couldn’t agree more with you on preparing something or multiple things to generate income streams 🙂

… … you are yet another person saying the same thing. We are defiantly keeping our eyes open. We have changed the goal from “in 2016” to “investigate in 2016 and buy when appropriate”.

Thanks for the details commend however. I have read it a few times now, and has caused multiple conversations (along with other input too).

Some thoughts. One thing I would like to do is build a product of some sort. Both to have an income stream that separated time input to income output, and also to have something that I am proud of. Most of my day-job doesn’t have any “things” that are produced, or not in the same way.

Fair comment, have you thought much about what you’d do then? For me I’m keen to travel / working in social enterprise / really ramp up the blog / website & generally give back.. Having said that I’m not going to wait until a day it’s important for me to live life on my terms as much as I can now 🙂

Okay cool, fair enough, was a coincidence that it was a Tom from Australia then, probably not that surprising ha

End game… interesting thought. I think the end game is generically described as “financial Independence” – specifically covering all bills with passive income. I used to call this retirement, but my partner didn’t like the idea of me sitting on the couch all day. I have to explain that when I said retirement I was talking about being free to do other things (like start a business, volunteer more etc).

And no, it wasn’t me, I don’t really do the whole linked in thing…

Nice stuff there! Although it’s trending up it’s quite consistent :), which is more encouraging.
I feel like you have enough graphs, sometimes less is more 😉 haha
Looking forward to continuing to follow & watch you increase your dividends!

What’s your end game anyway? If you didn’t mind me asking & did you happen to add me to LinkedIn? Another Tom from Adelaide added me ha