u/Cute_Dragonfruit3108

Basically as title. We are a precast concrete company and have got prelim arch drawings for a house. Scope not clear at all, panel thicknesses and steel reinforcement not even stated. They want me to review the floor plans and make a guess on the precast panels. We are booked until the end of the year and don't really want to waste time. We only really quote live jobs or jobs close to winning.

I've already told them that we are unable to quote because there is not enough information, which is true.

Further to that, it's the architects own house, I don't want to touch the job simply for that reason.

Hi All,

I believe I am at least barista fire upon the sale of my business. Apologies, this is going to be a long ish post.

Snapshot

42M, 38F. 5yo and 9month old. No more kids.

Super: M: 150K, F: 300K

PPOR: House worth around 1M. GROSS Debt on it: 533. Offset amount: 123k Some is debt recycled into share portfolio with value at 155K. So you could say net debt on it is 255K

IP1: worth 950k, debt 392k

IP2: worth 490k, debt 345k

Business: 670k in business HISA with macquarie, not touched in months, this is my rainy day fund. Operational account has 360K, but ranges really from 150 to 500 depending on cash flow. Business is for sale, I may be in for a windfall of maybe 700k (but i'll have to pay cgt on it).

Personal Share Portfolio: 70K

Wife work: She's going back to work post 2nd baby, when she's full time she's maybe package 150K incl super, currently 2 days per week

Blurb/WWYD:

Pretty burnt out with this business so i'm looking at taking a break for at least a couple of years or until the boredom sets in. I'd love to watch my daughters grow, they barely know me.

I have dreams working part time at bunnings or the like. I'm pretty sure with these numbers I'm at least barista fire. The investment properties are cashflow negative in a sense because the loan is P and I, but they are positively geared in terms of interest. This WWYD is specifically for the business account. Looking at around 1.4 to 1.6 M liquid cash. Once the business is sold, i don't have operation risk so I need to put that money to work. Don't want another property, 2 is enough. So looking at shares. I think I'll have to invest in the company name, which has pros and cons i guess, but I can't take the money out in a lump sum. I can pay myself fully franked dividends because I never took them whilst operating, currently I just pay myself a living wage. Due to the nature of this "retirement" I think I need to have a bit of a higher proportion to dividend paying stocks, rather than growth, but happy to hear what people have to say.