I am having a break from my usual KFC feasts these days and while I'm sitting here suffering on this no-sugar diet, I began to ponder our portfolio. Apart from the fact that the two IPs we have on the market are getting less interest than Australian politics these days, the thing that occurred to me is that one day, they will miraculously sell. When this does eventually happen, I will need to make a choice as to either pay off some of my PPOR mortgage, or, make one other IP cash flow positive. Financially, the obvious choice is to pay down the PPOR, but emotionally I'm starting to think it would make sense to do the opposite. The little boost to my ego that would come along with knowing that an investment is actually bringing in money while I sleep is indeed very tempting. The potential flow on affect from this could be further acquisitions, better SANF and possibly a different mindset to move forward with IP as a strategy to accumulate money for an early retirement, a lifetime of KFC, or to help pay for tennis lessons for my little boy.
So what would you do?