$360K in cash management account. Should I leave it there?
October 7, 2008 by Josie Kay · Leave a Comment
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Q. I’m 57 work part time, own an investment property which is rented out. I own my home and also have investment in trees. Please advise me what to do with $360,000 in cash management account. Should I put it into my super, buy another investment property or investment portfolio ???
Josie’s answer: Obviously I don’t know what income you would like to generate when you do finally retire, but sounds like you are on track to achieving a comfortable lifestyle in your twilight years. My thoughts are as follows:- (please remember that it is general advice only) Read more
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