Back to OZ for Good, Tiny Bit Saving, Need Advice for a Brand New Start. $200k

Lsydney.jj on 16/11/2014 - 21:30

hi there ozbargain, this is the website i check the most and visit everyday, even when i was overseas working.love the spirit!

now i have returned back to Australia due to marriage and wife is pregnant.everything has to be a brand new start, want to start something on my own with the saving of 200k, might be small franchise or new ideas with something. love the Ozbargain therefore this is the first place to gather my ideas, any input for my new beginning is highly appreciated. if goes along well, for example,retail etc..will run Ozbargain specials to thanks back for the community.

everyone, thank very much for your time and effort.

Financial

Comments

  • [Deactivated] on 16/11/2014 - 21:33
    +1

    Buy a mcdonalds, then another, then another, then buy a mclaren f1. True story.

    • sydney.jj on 16/11/2014 - 21:45

      Mc? would it be that cheap？

      • [Deactivated] on 16/11/2014 - 23:48

        I think $200k is enough to secure a loan for the rest.

      • PVA on 17/11/2014 - 20:45
        +1

        No not at all and existing owners a given the chance to buy first. 200k x 5 maybe.

  • Fobsessive on 16/11/2014 - 22:03

    Put it in an ING Savings Maximiser to get 4%pa for now

    • sydney.jj on 16/11/2014 - 22:29

      sure is. cheers

    • lolmao on 17/11/2014 - 10:25

      ubank rate is higher at 4.02%

    • mickeyk on 20/11/2014 - 00:04

      ING Savings Maximiser 4% rate is only on the first 100K

  • sydney.jj on 20/11/2014 - 10:09

    well..nothing come up as close yet..

  • ethereal88 on 21/11/2014 - 15:29

    Set up a brothel. Make it cash only. The gift that keeps on giving!

  • Pumpkin_rrr on 24/11/2014 - 08:04

    What is your discipline? Blue collar white collar?

    If you and wife can do handy work and paper work, consider buying management right. I always thought it's a good set-up for young family: the husband can still work, full time or part time, and do the maintenance after work. Wife stays home with kids, and keep an eye out for the property.

  • Pumpkin_rrr on 24/11/2014 - 08:09

    Another thing, seeing you have new family, here's my two cents: spend your money sensibly, don't splash it like some people I know. Your $200k will disappear before you know it. Buy second hand as much as you could. I suspect you'd dearly love to buy for your new baby: new pram,cot, clothes, bassinet, car seat, curtains, furniture…..

    • sydney.jj on 26/11/2014 - 14:54

      thanks for a tip

  • anna10 on 26/11/2014 - 17:19

    "I Built a Business in 6 hours":

    http://www.canberratimes.com.au/small-business/franchising/i…

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