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#21
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sorting out a BSN right now. thanks~!
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#22
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Everyone will give you advice on what to do with your money, very few are qualified to do so. Here is my unqualified personal opinion:
Negative gearing is for losers...your still only claiming back a portion of what you spent. Deal with it... Positive gearing is where it's at, borrowing money to make more. Who gives a toss if you pay a fair share of tax after you make a shit load of profit? Then look at minimising your taxation, not committing fraud Investigate gearing or leveraged investments, it's a lot more proactive method of wealth creation than trying to dodge a bit of Tax. Positive gearing can be achieved with shares or property, whatever your more comfortable with. Land is more difficult as there is no immediate income stream. A lot depends on your personal risk profile, so seek relative advice from your accountant or a trusted qualified financial adviser.
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questions, super, tax |
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