In your opinion, if you had equity in your IP and could borrow additional funds to buy domestic shares (fully franked) do you think its a good idea or not? The ATO allows you to claim interest on the loan for this purpose.
The outlook would be long term dividend shares as opposed to buying speculative 'growth' shares.
Whats your opinion on this based on current economic conditions? i.e. low lending interest rates, low savings int rates. My property is positively geared now and thus such a strategy would seem to be tax efficient and hopefully in the long term the shares would outperform the market.
cheers
The outlook would be long term dividend shares as opposed to buying speculative 'growth' shares.
Whats your opinion on this based on current economic conditions? i.e. low lending interest rates, low savings int rates. My property is positively geared now and thus such a strategy would seem to be tax efficient and hopefully in the long term the shares would outperform the market.
cheers