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About Me

Andrei Chorokhov

Financial Planner
Eluvia
www.eluvia.com.au
Paddington, New South Wales
0477005023

My Activity

answered
Q: I am keen to use the equity in my home to invest - maybe real estate. Maybe another option. Does anyone have any firm advice on the available options at the moment?
A: Essentially you've got a number of options:
1. Use a line of credit/new mortgage to purchase real estate.
2. Use a line of credit/new mortgage to purchase shares directly
3. Use a line of credit/new mortgage to purchase managed funds (investment vehicles where a fund manager manages your money on your behalf, superannuation typically is an example of one such scheme)

All of the above will depend on your goals and what you want to achieve and what your investor profile indicates.