Lost my original entry

They finally deposited DH's missing pay! We will transfer it straight to the mortgage either tonight or tomorrow.

Not much is happening here financially. DH bought more shares, probably the last one for the year, not much left in the trading account. There is however one of DH stock going to be liquidating soon, they are being bought out. I think that would amount to just under $1000. DH only bought $500 worth couple of years ago, so almost double his money- not bad, I wish he got more but at that time we didn't have as much money. Plus, it was considered risky stock so we didn't want to put too much into it.

I think starting next year we might be able to start putting $500 a month into our trading accounts. This should be doable without slowing down the mortgage repayment too much.

Here in Australia, there is no incentives to put the mortgage repayment on hold, especially with high interest rate right now (7.11% ours right now, probably one of the lower ones at the moment). In the past when interest rate was low we spent more of our money on buying more shares but right now its best to prepay the mortgage. There are talk about rate going down, if it does go down enough we might change strategy again.

The other day I spent the whole day reading through a prospectus I received for investing in a company Notes. In the end DH and I decided to stick with prepaying the mortgage. The payment for the Notes would have been around 8% p.a., still not enough for us because of the risks to would have. With the mortgage prepayment means a guarantee 7.11% savings for us. But it does gets me excited about the future when we will be able to invest on those type of instruments. Notes would definitely be something I would be interested in investing.