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In a different climate I would say invest the money in "Managed Funds" (basically the same as what Aussie Superannuantion companies do), which in good years will give you 15%, in bad years 0%, in pandemic/economic crisis -5 to -15%. So right NOW is NOT a great time for it. If you were experienced in shares you could short sell, but thats not something you learn with "REAL" money. Im having to juggle my Super right now and choosing between the economic crisis options. I really wish I could use it to pay down my own debt right now.
Job security, make sure if you can you have that covered, having as low a mortgage as possible is gold in the current economic climate for the foreseeable future imo. The actual economic impact is far away from actually hitting us and for how long is unknown. But Job Security and Income Protection Insurance are things to consider very seriously no matter how safe you feel your job is.
Just my 2c
Job security, make sure if you can you have that covered, having as low a mortgage as possible is gold in the current economic climate for the foreseeable future imo. The actual economic impact is far away from actually hitting us and for how long is unknown. But Job Security and Income Protection Insurance are things to consider very seriously no matter how safe you feel your job is.
Just my 2c
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