It’s hard to know where to turn these days. A number of top stories were released this week that provided an insight into our economic and property markets. Banks were up, rates were down. That’s all well and good some say, but without the driving force of confidence, are we doomed for decline?
This week we saw the RBA drop interest rates by a full 0.5% - normally great cause for relief.
On the same day this week ANZ announced a record first half profit of close to $3 billion. As pillars of the community this should make us all rest easy given that they took the brunt of things throughout the global financial crisis…
Whatever your personal situation is, it’s important for all women, married and single, to take charge of their finances and build enough resources so that they can retire in style – and I mean early retirement of course!
Feeling ill at ease about investing in anything in an uncertain economic climate? Never fear, says TV property expert Chris Gray. His sure-fire strategy for investing in property is also a proven buffer for any economic condition.
Many people have the means and drive to buy an investment property that will bring them long term, solid capital growth. However not knowing where to start, especially living a long way from solid growth areas, can stop them in their tracks.
Historically, the rule of thumb when buying an investment property was “buy where and what you know” and indeed following a get rich, new development scheme to Queensland or other exotic areas are not recommended, but what if “what and where you know” is either overseas or in an area where capital growth is minimal?