Hi everyone, I'm new to the forum and would love some help with some investment decisions. We have recently turned our PPOR into an IP. We have paid off $70 000 of a loan of $300 000. The current loan is P and I loan. My questions are: 1. Should we change the loan to an IO loan? (Costs to do this are minimal) 2. Should we move the $70 000 into a managed fund and put the 'extra' money that we are currently paying off on the principle of the IP into that each month? 3. Is it better to have the IP in the name of the highest income earner only? 4.Would it be best to have the managed fund in the name of the lower income earner as it would be positively geared? Am I completely off track and clearly have no idea!? Constructive advice would be great please!!