Weigh the pros and cons of DIY su­per

Money Magazine Australia - - PAUL’S VERDICT -

My hus­band has $205,000 in su­per and I have $245,000. Our money is man­aged by Aus­tralianSu­per. My hus­band is aged 40 and I’m 39 and we have two kids aged 3½ years and nine months. I’m cur­rently on ma­ter­nity leave and have re­quested an ad­di­tional year so won’t be back to work un­til Au­gust 2018.

I’m in­ter­ested in set­ting up a self-man­aged fund and us­ing the money to pur­chase a prop­erty. How much can we bor­row with about $450,000? What type of prop­erty should we look for – one with high ren­tal in­come or one with high po­ten­tial for cap­i­tal growth? Should we in­vest 100% of our money in prop­erty or split some be­tween shares and prop­erty? Natalie

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