CJ should seek professional advice and think very carefully before buying a property right now. As a young, single guy, working in a volatile sector such as mining, away from his family base in Melbourne there are many changes that could occur in his life quite quickly that see him wanting to take a different direction. He could lose his job and in the last 18 years he has not been able to save much, so any strategy must consider this fact. He could meet a partner and their combined financial position could look very different.
CJ says he has many people telling him different things he “should” do. I encourage him to build a strategy around his own personal goals and needs because property may be a great strategy for others and not for him.
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