Tough Times - what is your plan

Hi All
Good post.

I set up a LOC about 4 months ago, as some of our IPs are highly negative.
We have recently been in a position to use our company to also help with cashflow taking lump sums/Directors' fees, this way we dont have to pay tax for at least 12 months.

Currently looking at shares and plan to drip feed and purchase a mix of income/CG and perhaps look at MF also.

Cheers, AL

Our plan going forward, is to save about 14k (combined) as contingency money (emergency, pregnancy etc), for me to pay off a small amount of consumer debt, and then pour all our spare cash into navra and cfs geared share with the intent that the distributions will at some stage surpass the net costs on the new investment property. When that happens we can start shopping for another IP.