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The Strategist

Since 1996, The Strategist has been the leading source of information and strategies in the Self Managed Superannuation (DIY) industry. The Strategist is read and applied by both financial professionals and individuals who are looking to extend their know

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Womens Money Magazine

Women's Money Magazine is Australia's only publication created specifically to empower women to better understand and manage their financial future. Each issue features topical and relevant articles under the following broad headings: family and relations

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200304 Australian Master Financial Planning Guide

Why Slow Investors Lose and Fast Money Wins!

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Personal Investor

Whether you're an active investor or just want to gain confidence in making financial decisions, Personal Investor assists you in taking control of your personal financial situation. Completely independent, this magazine provides unbiased information on e

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1001 Ways To Save Grow Invest Your Money

Powerful fast-paced guide for all investors.

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 Inside Finance

Information-1% mortgage loans
  Let’s see the benifits of 1%mortgage loans. If you make an interest only payment your mortgage balance will stay the same. If you make a 1% minimum payment you are actually paying less than interest only. Therefore, you are creating deferred interest which makes your mortgage balance increase each month.Before you freak out, keep in mind that deferred interest is mortgage interest and is therefore tax deductible.Let’s say your home is going up in value $2,000 a month. The 1% mortgage loan will allow you to take a small piece of that appreciation, say $500 a month, and turn it into a tax deduction.So you are taking a small piece of your equity each month and turning it into a tax deduction. If you did not do this, all of your appreciation would be locked up in equity.Equity is terrific and is certainly one of the many benefits to home ownership. But investing in equity will get you a zero percent return.

        


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