I am not against +ve cash flow props and either I am not pro -ve geared props.
I am just learning from experienced investors.
Alex
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-ve geared property is a waiting game that relies a lot on opinions and speculation, with little or no facts!! U have more control over your assets when managing +ve geared property!!
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What about the hosue price indexes issued by the real estate institutes ?
if you look at the history, house prices doubled every 10 years in capital cities
Are they facts or opinions ?
AD
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If you want to retire sooner will the -ve geared help or hinder. You may want to only go for positive geared to replace income or use -ve geared as a growth strategy to pay down debt later.
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What should you do if you earns high income (ie at 48.5% marginal rate) and
are still quit far away from retirement. Will you be happy to pay your income tax at high rate ?
I am very new to wrap.
Can I ask you a few questions ?
1. Which wrap pack would you recoomand ?
2. As a new wrapper, is it a good idea to
do your own wrapping or do a joint venture
with experienced wrappers
(eg. http://www.rentnomore.com.au) ?