Money Magazine

PAUL’S VERDICT Paul Clitheroe

Excellent question, Vivek. It’s a common dilemma. It’s also complex! Funnily enough, it’s not the money part that’s complicated. I know mortgage deductibility, capital gains tax and so on can be tricky, but these are not really the big issues here. So let’s deal with them first.

Whether you pay down your mortgage or buy

You’re reading a preview, subscribe to read more.

More from Money Magazine

Money Magazine1 min read
Your ‘Renovate Or Move’ Checklist
1. You can create a home tailored to your specific needs and preferences. 2. You can stay put, which is ideal if it's close to work and amenities, and you have good neighbours. 3. You could increase the value of your home with considered updates. 4.
Money Magazine3 min read
Letter Of The Month
Paul's response to Tamara about her teenagers’ interest in shares (Ask Paul, February) is insightful. Might I add that an excellent way for teenagers (or anyone, for that matter!) to learn about shares is the biannual ASX Sharemarket Game. Her childr
Money Magazine2 min read
NEWS&VIEWS
Friday, April 5 Balance of trade Tuesday, April 9 Westpac consumer confidence Thursday, April 11 NAB business confidence Thursday, April 18 Unemployment rate Wednesday, April 24 Inflation rate Home internet has come a long way in three decades. Gone

Related Books & Audiobooks