Hi all,

Completely new to investing so I thought I would throw my situation out there and see what some more seasoned investors think – and hopefully point me in the right direction where I can learn more.

Disclaimer: I will definitely be getting professional legal and financial advice soon – I am just stuck on a boat with a slower than dial up connection right now.

I’ll start off by giving my financial situation, then my goals and see where this goes.

Situation:
Engaged
Age: 28 & 28
Salary: $95k & $62k ($157k before tax)
Assets: 1 property, $375k value with $120k equity. $340/wk mortgage with $25yrs remaining
Savings: $10k cash
Kiwisaver: $3k & $2k (just withdrew all to purchase home) both contributing 3% on high growth
No children but planning to from 2018
Spend months away from home for work every year so don’t have the time to manage my own investments (would prefer managed investments)

Goals:
Attain a $100k/year passive income and mortgage free home by age 50

Current thought process:
Pay down mortgage as fast as possible
Purchase second property in next two years (or sooner if LVR restrictions are removed)
Purchase one property every two years
Sign on to a managed fund for medium to long term investing (contributing a minimum of $200 month)
Continue to increase my salary each year

I am really interested in knowing how I should go about this; whether I should start considering a LTC for the tax breaks in property (or even a company PIR is 0%?), is there any advantage to investing in shares through an LTC rather than without? What would you do if you were in my situation?

Thanks in advance, and yes I know, I will get some financial advice!!!