Last night I attended the APIA meeting at which Martin Hawes gave a presentation based around managing your assetts and finances as you enter the golden years (approx age 50+) He posed a question of whether it may be safer, easier and equally (or more) profitable to obtain exposure to the property market through investing in managed property funds (such as strong blue chip funds like Macquarie managed property securites) It is possible (and become easier) to gear share investments with around 70% LVR the current norm, so leveraging is both possible with shares or directly owning property. Property currently still has tax advantages (cap. gains and LAQC's, although these are uncertain for the future) Managed funds are more passive and have greater portfolio diversification (which is what Martin liked about them as you seek a simpler lifestlye in those 50+ yrs)
I am 35yrs old and generally feel property rather than shares best suits my skills, resources and interests as a vehicle for wealth creation... I have a background in building and architecture. I own one investment property and have been steadily gaining knowledge and momentum towards growing my portfolio. I do however wonder about shares...?
I realise what is best for one person may not be the most suitable for another, but would value people opinions and thoughts on the topic of shares vs property investment.
regards
wfa
I am 35yrs old and generally feel property rather than shares best suits my skills, resources and interests as a vehicle for wealth creation... I have a background in building and architecture. I own one investment property and have been steadily gaining knowledge and momentum towards growing my portfolio. I do however wonder about shares...?
I realise what is best for one person may not be the most suitable for another, but would value people opinions and thoughts on the topic of shares vs property investment.
regards
wfa
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