I have an investment property that I am paying off and I also have the house that I live in that I am paying off..
Not to mention a credit card bill that's just over $20k
As a general rule, is it wise for me to buy blue chip shares? Or should I just be putting every cent I can find on to the mortgages and credit card?
Now I know that it all depends on which shares, how many, how much return compared to my mortgage interest rates etc.. But without doing any calculations is it generally ok to start buying some blue chip safe shares or am I wasting my time?