Hi all. Well in a nut shell i am a home owner and investor. I have a very small loan on my home but owe the full value on the investment property. Together i have a LVR of a reasonably safe 60%.And the repayments are very managable. About 15% of our household income. I only got into property investing a year ago. Not the best timing but i am holding for long term gains so im not worried.
Now shares. I actually have a line of credit attached to my home of $100,000 to only be used for investing. This was to be used for another property. Im thinking now of maybe investing $10,000 to $20,000 in shares.Preferably blue chip to start with. Im thinking bank shares. This will still leave me anough money in my LOC for a property later when things improve.I am not to worried about the risk and im willing to take a chance with the money. What are your thoughts on this stratagy. i know you cant give out specific advice.Can you see any problems. i assume the interest payments can be geared just like property. Any info would be much appreciated.