Aussie in the UK, learning to re-build wealth from zero with tools we don't have back home. One failed property, now figuring out ISAs out loud. Not advice.
I'm Rox — an Aussie in the UK trying to build wealth from nothing after an expensive property mistake back home. Just a bloke trying to figure it out, sharing what I learn about tools we don't have back home. NOT financial advice. Follow along if you want to watch me have a go.
If you are positively geared like your post says then I would rent it. Its what im doing with my house in Aus and its working well
What you should think about is the additional expenses you will have like agent fees, council tax and any other bills that the tenant doesn't cover in the UK, you properly understand how positive your position is
GM all!
A few more days left in Greece and then back to reality..
Its been a nice couple of days in the market which I've been able to enjoy while on holiday, rather than doing this 🙈🤣
How is everyone doing today?
@KieranT1000 Its the same in Aus mate
No financial literacy to go with the maths, sciences, history etc that they cover in schools
Didn't get anything from my parents either
Whatever literacy I have has come from my own mistakes and from this community
@drayinvests Can't pick one for you unfortunately 🤣
$MSFT $NVDA $AMZN
3 massive companies that the world is so reliant on and you cant see it changing any time soon
Holiday thoughts 🏖
Curious to better understand the differences between a S&P500 tracker and an All World tracker
My understanding is S&P tracks top US listed companies, whereas the All World is ~60% US listed.
When the US does better (which is fairly often) the S&P reaps the benefits more than the All World, but the opposite MUST be true too.
I went for the All World tracker $VWRP, plus a few stocks alongside it.
Keen to hear everyone's thoughts. Do you prefer one to the other, holding single stocks or a bit of both?