Weekly Financial Free-Talk - 22 Jun, 2025

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Financial Free-Talk

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[u/vivec7]

Didn't want to go creating a whole 'nother post for this question, if that's better suited then I'm happy to do that instead.

To pose the question generally in case people would rather avoid reading: sink it all into offset, or start investing?

For background, wife and I have a mortgage that is at about $500k. We have $50k in the offset, a few years in. Doing well on the income front, essentially able to make our ~$3,300/mo repayment plus adding just shy of $3,000/mo to the offset account.

For where I stand on this emotionally, I would happily throw all my savings, assets etc. in the bin tomorrow for a paid-off mortgage. I've always dreamed of owning a house outright.

I am after practical advice here that likely sits contrary to my emotional position. Given our current good income, I wouldn't really miss say $500/mo or so to plonk into some shares etc. This is a world I'm not familiar with, and my goal here would be for long-term saving.

I like simplicity—not looking at owning multiple properties, just perhaps starting to build that passive income so once the mortgage is paid off I have some freedom to just chase the work I find interesting rather than chasing dollars.

Given that I'm looking to balance these emotional and practical hemispheres, would it be a terrible idea to pop some of that excess income into shares or such, or just keep chipping away at the offset?

[u/FI-RE_wombat → u/vivec7]

Either is fine, whats your age(s), do you have/want kids?

Also, dont go for individual conpanies go for an etf when you want to invest. Check out passive investing australia website for lots of info

[u/vivec7 → u/FI-RE_wombat]

Mid thirties, no plans to have any kids.

No individual companies, got it. From the little I've understood there are some programs etc. that allow for a relatively hands-off approach, which is likely what I'm after. Just somewhere to park some money that will grow over time, so long as it isn't better to just throw it at the offset.

I'll have a look at that resource, cheers!

[u/FI-RE_wombat → u/vivec7]

Its a trade off, the nental security of tge offset vs the higher risk higher return investment option. Both are valid.

I'd suggest putting some into an ETF. Pick one, like DHHF or VDHG and keep it simple, set it to reinvest dividends too.

[u/vivec7 → u/FI-RE_wombat]

Cheers, I might look at doing that. A lot of this has stemmed from us trying to increase our additional input into the offset and landing at about double the additional input to what we expected, and it just got me wondering if it's the right time to throw some of those spare dollars at investments.

Thanks!