Everand Logo

Welcome to Everand!

  • Money Magazine

    Q & A

    Jun 05, 2019 4 minutes

    As she plans how to build her wealth, Joanna should ...

    Compare the returns from a side business vs sharemarket

    Q I’m 28 and have recently purchased my first investment property interstate with a loan of $246,000. The property is rented out and the costs of this loan are mostly covered by rental income. My living costs, including rent, are low and I earn about $65,000pa plus super as an engineer. I have a small business on the side, which has generated about $20,000pa in profit for the past two years. I do not have any other debt.

    I have decided to start contributing 5.5% of my pre-tax salary to super so the total is 15%. My aim now is to start investing further

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

    More from Money Magazine

    Money Magazine2 min read
    Leaving A Home At Frame Stage Is A Terrible Idea
    Q I find myself in a challenging situation after a builder insolvency. I received $150,000 from the building indemnity insurance, which is in my bank account earning 4.5%. The home is at the frame stage, but an additional $250,000 (the $150,000 build
    Money Magazine1 min read
    3 Funds To Watch
    Gives investors exposure to the underlying returns of some of the world's highest quality real estate assets through a portfolio of global REITs and property companies. The fund aims to provide both income and capital growth over the long term. It is
    Money Magazine1 min read
    Shares
    ▶ MORE SHARES STORIES ON P78-85 Shareholders are increasingly objecting to what they regard as company executives’ inflated pay packets. Strikes against executive salaries among the 300 largest companies listed on the Australian SecuritiesExchange (A

    Related Books & Audiobooks