As always, the media is making as much noise as possible about house prices, interest rates and the economy and then there is various monthly and quarterly reports on house prices from valuers, property consultants and economists, so I’m going to try to put them altogether and bring the whole show back to Earth.
OK lets [...]
The secret is about acquiring the ability to pay yourself first by saving at least 10% of your annual salary for your long-term benefit.
Crunching the numbers
Let’s review the numbers using John and Joanne’s example. They are first time property investors from Melbourne who have decided to invest in residential real estate to earn capital gains. However, because money is tight, they definitely want to minimize a negative cash flow outcome.
After window shopping at real estate agent display ads, [...]
Financial scams and fraudulent emails
This will be a part series as there are a lot of scams out there looking to take your money so we will explore them one at a time.
The first and probably the most seen scam is the ‘fake Bank Emails’. Here are some of the tell tale signs of this [...]
What! I hear you say, home loan interest rates to go down, well someone had to say it and it appears John Edwards from residex is the first to stand up and give his view on why the next rate move may be down.
He noted the top 5 reasons that he thinks are signs that [...]
Which is the better investment? It’s a question that comes up again and again. Let me first say that there is no right answer, it all depends on your own situation and your own goals. This point is very important because we are not all the same we have different jobs, family concerns, tax concerns [...]
Investing in property is a great way to build real wealth. Be armed with as much relevant information as possible before making a big investment?
Despite the central bank’s respite on raising interest rates this month, borrowers can still expect two more rate rises in 2010, says an economist.
That’s the bad news.
The good news is the cash rate will hold steady at 4.25 per cent for the next 10 to 15 years, as Australia moves into a new era of [...]
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