Managed Funds can be used effectively, especially if you are using your Aussie Super that is lying about, turn it into SMSF then you get the chance to borrow 70% against it. But NOW is not the time for that, Im locking mine down to gold haha.
So in general Managed Funds can be a 15% per annum tool to get to a place to borrow against for PI that isnt above ones risk tolerance in very uncertain times.
Just my 2c, dont listen to me, unqualified no nothing sort :-)
So in general Managed Funds can be a 15% per annum tool to get to a place to borrow against for PI that isnt above ones risk tolerance in very uncertain times.
Just my 2c, dont listen to me, unqualified no nothing sort :-)
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