Advise please
I’m a 50 yr old single lady, very healthy, fit etc
I currently own
3 properties on Atlantic seaboard that I rent out. It pays me R97k monthly… these are bond free properties. Their combined value is R21million
I also own another home worth R4million, bond currently at R300k left to pay but I like having access to cash so have the original bond amount of R3milion)
1 March i deposited the entire R45k into TFSA and know I should look into investing there.
I have zero debt as my company pays it all
Brand new Suzuki paid for in cash
It’s just my dog and I… and since she has her own trademarked brand even her expenses are paid for
I have medical aid
Gap cover
Insurance
My dog also has insurance
Groceries maybe R6k a month
Charity R1000 a month
I know I’m blessed and worked extremely hard to get here.
CGT scared the bejesus outta me should I sell one of the properties. As it is I’m taxed heavily on the rentals
Please tell me what to do to increase my portfolio. I literally just have my dog, no other dependents.
Should I invest some of that rental income because in a few months those rentals will pay that bond of R300k off.
What should my next move be? Or should I say f\*ck it and purchase a sports car. We only need 2 seats 😂
I’d also like to know if my portfolio is that of an average 50 yr old SA woman AND men?
TIA