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i need help to start my investing i also have equity of about 200,000 but my financial adviser said im over my head at looking at $250,000 to $270,000 etc 94,000 on house,121.00 per week for child maintenance and 35.00 per week for train fare no other bills do you think im over my head need advise please thank you anybody[confused2]
Originally posted by wealth4life.com:Several high level friends of ours are predicting worse to come.
Low Doc home loans forclosurers are increasing at an alarming level, with one mortgage management company telling us that the only department in their group growing is the bank closure department.
Credit card debt in australia is at new levels reaching over 30 billion dollars and people aren’t paying their cards off but opting to get new ones with lower rates then max them out as well, some thing has to give here!
The Perth boom is about to go the other way with reports saying that the average house sale is now dearer than QLD who has a larger population base.
Banks are tightening their lending criteria and the valuers are getting harder on vals of residential properties.
I am interested in finding out how many people that read these threads are really positive and what you believe is a good investment to get into.
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