Qld market is currently booming, however a great deal of pressure is being placed upon its resources. I was reading today that QLD water supply is even lower than NSW’s. I predict the QLD market will continue to rise only in the short term and then my dear friends, look out.
Trusts can be great structures, however it is crucial that you understand them. In some cases one would be better off investing the $2000 odd that it costs to set up the trust. When I set mine up, I asked myself: Do my assets really need protecting i.e are they substantial enough for someone to want to go after? Can I afford the cost of setting a trust up and maintaining it? Do I have an adequate team to draft a trust deed etc.
You can still make a great deal of money in a flat market. Enough doom and gloom, the market hasn’t crashed at all. For a crash to occur, prices need to fall 30% or more across the board, hence resulting in a recession. Are we in recession?
My understanding is that I have this money available should I require it for investments, hence I can act very quickly. Of course this service comes at a cost.
