Share
13th Aug 2019| Posted by: Phil Haley
“Don’t Panic”
If you are news reader or a TV watcher you will have read or heard that the share market is doing what it always does. It goes down after it’s gone up but the trend in the long run, if you don’t panic is that it will go up just like it does in property.
I have been a share trader for many years but I use the term trader loosely. I tend never to sell because I buy blue chip shares and hold them as I like the tax paid dividends. My preference though for the average punter is that you invest in property and again never sell. As an example of this Sylv and I bought our first home when we were 19. We sold it about 2 and a half years ago to give our relatives an opportunity in the UK. On average the increase in value compounded at the rate of 10.3%. Now, with any investment like that you’re going to earn rent which generally would keep pace with or better than inflation.
However, the key to buying the right investment properties is of course price and the next key is income. We have developed a process where we are generally able, subject to the individual client circumstances, to find properties both at the right price and that pay for themselves. Not only that in nearly 100% of the situations the property provides additional income to the investor. We are happy to talk to anybody about this at any time, at your place or ours.
Thank you, Phil Haley. 0412 355 020
