I just discovered this forum and i gotta say- its awesome! Lots of good discussion in the stickies for newbies like me.
I've summarized my current info below , i'm basically looking to get into investing and am wondering what percentage of my income i should put into shares and how much to put into my mortgage.
I have started to do a little reading and have been thinking about putting my money into the SPDR S&P/ASX 200 Fund (ETF).
Any advice/questions welcome!
Amount to invest now: 5k (should have 40k by the end of the year)
Risk Tolerance: highish?
Timeframe for investment: Longterm
Debt: 315k mortgage ( paying ~7% interest) for apartment which i am renting out for 1600 per month.