Hi all, I have noticed upon reading pages of different areas and then the advie the man gives himself that this
is geared towards American's.
Things in Australia are a bit different. I will be spending 6 years at university and with a debt of around $30 000.
I have the amount of a small second hand car in cash just sitting there looking as bored as cows eating grass.
I bought some shares on top of that which have doubled in value although its probably just enough to buy a top end
HP laptop.
My question being although two different countries for instance we dont have this 401K thingo.
I am contemplating what to do. I save a lot of money and live on government hand outs, recently got a job earning about
$100 a week which is all savings.
Now I know you can't give financial advice, but I am thinking with cash that is chilling and another 3 years of uni and a $30 000
debt what does one do? I did think about trading shares, but my thoughts were dividends focused as the stock market hasn't
been the same since the crash.
Also I am just using objects to describe wealth for personal reasons. I am blessed and very fortunate in my eyes.
Any thoughts or help would be appreciated. I have worked out once i finish uni I could say $30 000 a year which after two years
should make it easier to get a loan for a house. Or I could take a margin loan out and buy more shares and in five years time if geared and have $106 000ish based on depositing $500 a month.