Based on current economic outlook and property cycle, would you put deposit for an investment property in NZ (E.g. Auckland/Wellington) or put the deposit in US stock (E.g. S&P500) and hold long-term?
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This is a longstanding point of discussion. Both have a place in a good investment portfolio.
Being a 'property' forum, you will get a biased view here. If you really want to know, best to read books e.g. Financial Secrets - Martin Hawes. If you are here to only stir things up, wait & watch!
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Originally posted by Wayne View PostSo you intend to leaverage into stocks?
Fine idea, not terribly 'normal' and probably not as easy to get finance as property.
My dilemma: Auckland property has a good run for the past 3-4 years. How many more years can it run at the same pace? Instead of getting in near the top of property cycle, why not invest the cash in US stock to grow the pot, and get in the property market again during the low of property cycle? Just my novice thought.
Currently, I live in a mortgage free property and own another good positive cashflow investment property. I also own some S&P500 funds which was bought during the low. Currently seating some cash in the bank, thinking what to do about it.
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