People who have done EBC + gokyo in October - what socks did you take for the trip and how many? Weight/type? Did you use liners as well? I live in Australia so any recommendations for shops to get them help too.
I will be using trail runners. Specifically Salomon xt6 gore Tex.
I’m about to sell my investment property where I’ll end up with about 150k after taxes and fees. My plan was to reinvest into another Melbourne/Geelong IP as it’s showing some positive signs for the future and its next growth cycle. However, I’ve just thought about just putting it all into ETFs instead and the difference it might make in terms of reaching FI sooner.
My current situation:
- 29 years old, no kids and none wanted until ~35
- 135k salary + 22.5% bonus (which goes straight into ETFs each year)
- 40k cash (was building this up for the next IP purchase) with incoming ~150k extra from sale
- 50k ETFs
- Renting. Currently able to put away ~5k into ETFs a month + ~20k post tax bonus annually
My goal is to be FI before 50. I would like to have a paid off house as part of this in Perth, however not exactly sure where I want to live yet and don’t want to get one too early and hinder wealth building.
My question is, should I continue with my plan to build wealth through both property and ETFs or put all of the cash (minus 3 month emergency fund) and incoming cash into ETFs only and smash that until 35-40 when I’m possibly ready to purchase a home?