When working out a retirement strategy, often people try to work out the value of investments they will need by multiplying the amount of annual retirement income they will need by a nominal interest rate. For example, if you want $100,000 p.a. in retirement and you think you can earn an income rate of say …
There are two key things this year to watch out for that might create some financial opportunities. Firstly, it’s likely the Federal election will be in May and I’m certain that tax will be a key policy platform (I expect the Liberals will announce some income tax cuts). Secondly, the Royal Commissions final report is …
Last weekend, The Australian newspaper published the blog I sent you last week where I predicted that the property market is close to the bottom and that prices next year would either be unchanged or improve slightly. Well, that article received over 60 comments and none of them were complimentary or supportive of my prediction. …
I think we are very close to the bottom of the property market – if not already there. In fact, I believe that price growth next year will be neutral or positive. I appreciate that this prediction is contrary to most, if not all the predictions in the marketplace – most notably AMP Capital’s chief …
Paul Nugent, the co-owner of Melbourne-based buyer’s agency, Wakelin Property Advisory, sadly passed away on 19 November 2018. I first met Paul back in 2004. Over the past 14+ years, Paul and I have delivered many presentations together, shared a large number of mutual clients and have had numerous conversations and debates about property investment. …
Nice family homes in well-established, blue-chip suburbs close to the CBD are becoming increasingly difficult to acquire from an affordability perspective. And if you do successfully purchase an expensive home, it puts pressure on your capacity to fund an investment strategy whilst still repaying a large loan. So, a few years ago, a strategy called Rentvesting was …
With the tightening in credit and the reduction in borrowing power, many investors capacity to invest has been adversely impacted. For example, an investor who planned to invest in two properties worth say $750k each might find that when it comes time to purchasing the second investment property, they can only afford to spend say …
You must have a robust methodology for selecting the right share, property or bond to invest in. If you select the right asset, your investment returns are likely to be very healthy in the long run. However, if you make a mistake, it is likely to cost you money – in terms of opportunity cost and/or …
There has been a lot of commentary in the media about the “credit crunch” that we are in at the moment. Why is the credit crunch going to impact you and your plans? And what can you do about it? Why has credit tightened? Over the past year I have written (here and here) about …
How many properties do you think you need to own to generate enough wealth to fund a comfortable retirement? Most people think they need more than 3 properties to become independently wealth. Of course, the answer will be different for everyone because it depends on your income, existing assets, time until you retire, goals and …
Level 8, 31 Queen Street
Melbourne VIC 3000
Office: (03) 8624 4600
Postal: PO Box 475,
Collins Street West, VIC 8007
advice@prosolution.com.au
© 2024 Prosolution Private Clients
You can find our disclaimer, dispute resolution policy, CPD policy, and privacy policy here.