This is the story of a client who really wanted to make the most of her premium income. She had no spare time, no inclination to study about investing and felt her superannuation wasn’t going to get her where she wanted to go. She wanted a fast-track, low-risk approach to property investing.
There are some investors who are passionate about accumulating as many properties as they possibly can in the shortest possible time. It is important to understand that this approach to property investing doesn’t suit everyone and that it not only takes more skill, but a higher risk appetite and higher income to sustain this approach.
The debate about whether to invest in expensive blue chip properties or cheaper affordable housing has raged on for years. In this short video, I try to explain the pros and cons of each and which part of the property market I prefer.
Everyone’s definition of wealth is different. For some people it’s about more time, more life experiences, freedom to spend freely or ability to contribute and support others. Regardless of whether your life aspirations are financial, non-financial or both, will really drive the way you develop your property investment plan. Even if you don’t care to be ‘rich’, property investing is a great way to fulfill life dreams.