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Ok I might explain my situation in a little more detail, I am 31 years of age and owned a business for the past 11 years. I own the house I am currently living in and have purchased another property about 2 years ago with the intentions of moving in after 5 years. I purchased the property for $700,000 and have currently got it down to 500k, I also have 80k in a managed fund. I am just looking for people thoughts on if it is a good idea to just keep paying the house off and look at purchasing other property's or if it would be a good idea to diversify into something new or maybe put more into the managed fund. Please note I just want people's opinions so I can have a little food for thought.

<blockquote data-quote="newtrader1982" data-source="post: 773935" data-attributes="member: 54038"><p>Ok I might explain my situation in a little more detail, I am 31 years of age and owned a business for the past 11 years. I own the house I am currently living in and have purchased another property about 2 years ago with the intentions of moving in after 5 years. I purchased the property for $700,000 and have currently got it down to 500k, I also have 80k in a managed fund. I am just looking for people thoughts on if it is a good idea to just keep paying the house off and look at purchasing other property&#039;s or if it would be a good idea to diversify into something new or maybe put more into the managed fund. Please note I just want people&#039;s opinions so I can have a little food for thought. <img src="data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///yH5BAEAAAAALAAAAAABAAEAAAIBRAA7" class="smilie smilie--sprite smilie--sprite1" alt=":)" title="Smile&nbsp; &nbsp; :)" loading="lazy" data-shortname=":)" /></p></blockquote><p></p>

[QUOTE="newtrader1982, post: 773935, member: 54038"] Ok I might explain my situation in a little more detail, I am 31 years of age and owned a business for the past 11 years. I own the house I am currently living in and have purchased another property about 2 years ago with the intentions of moving in after 5 years. I purchased the property for $700,000 and have currently got it down to 500k, I also have 80k in a managed fund. I am just looking for people thoughts on if it is a good idea to just keep paying the house off and look at purchasing other property's or if it would be a good idea to diversify into something new or maybe put more into the managed fund. Please note I just want people's opinions so I can have a little food for thought. :) [/QUOTE]

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