CASE STUDY
I’m 34 and my partner is 30 this year. We have a $380,000 mortgage that we have brought down from $590,000 in six years.
We have $30,000 invested in Colonial and more than $300,000 sitting in the stock market.
My question is, what next?
The money invested in the share market is from a “unicorn” share.
We invested $7000 over seven years ago, and now that single investment is worth more than $300,000. It still has massive potential to go further, but we are unsure of what to do next.
Do we pull the money out and invest in something similar like Colonial for security?
Do we pull the money out, pay off the mortgage and start investing again?
Or do we ride the wave and hope the share keeps on going? (I’m very confident it will.) Adam
Wow, Adam, from $7000 to $300,000 in seven years is certainly a “unicorn” result. For readers wondering about the unicorn bit, let’s start with that, because I think there is a great message here.
A unicorn is, of course, a magical, mythical creature. It has been described in European literature for more than 1000 years. Despite annoying many young children who love their unicorn toys, the unicorn is, of course, just a legend.
この記事は Money Magazine Australia の July 2022 版に掲載されています。
7 日間の Magzter GOLD 無料トライアルを開始して、何千もの厳選されたプレミアム ストーリー、8,500 以上の雑誌や新聞にアクセスしてください。
すでに購読者です ? サインイン
この記事は Money Magazine Australia の July 2022 版に掲載されています。
7 日間の Magzter GOLD 無料トライアルを開始して、何千もの厳選されたプレミアム ストーリー、8,500 以上の雑誌や新聞にアクセスしてください。
すでに購読者です? サインイン
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