Im from Adelaide and want to get the best financial advice, in reguards to property investment possible.
Can anyone point me in the right direction, as many are dodgey, and i dont know the difference.
Any help would be appreciated.
cheers
Comments may not be relevant to individual circumstances. If you intend making any investment, financial or taxation decision you should consult a professional adviser.
Thanks guys,
I want to use a qualified professional, but where do i look.
As for family recommendations, my family don’t get into the whole property thing so thats out.
What i want is someone totally in tune with property investing. anyone got any recommendations?
Good point Stuart – I guess I am too used to answering mortgage questions.
Scotty, you need to be aware that Financial pLanners tend to be less interested in property than they are in managed funds or super.
I would suggest that you identify someone you know that has been successful in the manner in which you desire to be and approach them for advice. Regardless of their professional standing.
I know you are concerned about integrity. Thats where a referral helps. I also believe that most successful people have high integrity but there are enough exceptions to this to make your wariness well founded.
In Adelaide I would suggest you get in touch with the folks at http://www.duckling.com.au – they are a social group of investors and not after selling you anything.
Having said that – if you plan to buy property then see a boker[biggrin]
Comments may not be relevant to individual circumstances. If you intend making any investment, financial or taxation decision you should consult a professional adviser.
I’ll leave all comments about bokers and borkers but in answer to Scotty’s question – another option to his dilemma is to post a summary of what he wants to achieve here and some supporting information and I am sure he’ll get a lot of constructive and very public comments that may be of use.
I would endorse Simon’s comments about most financial planners have a preference for managed and super funds – which reminds me of an ad I saw in the local paper – Want to retire wealthy? – speak to XXXXXXXXX – a financial planner with 30 years experience [exhappy]
Makes you wonder what happened to his retirement plan.
I speak to my accountant on property investing matters. I am not so much interested in the technical stuff (I never tend to “get it” anyway but he has a good head for trends and he’s an ideas man.
A lot of financial advisers have a product to sell, so their information is not independent or unbiased. Their services are probably “free” because they want to sell you something, and that’s where they make their money.
You could always ask any specific questions you have on here, and many people would be happy to give you their own ideas… see it as “perspectives” rather than “advice” and you won;t lose your shirt
Derek said:
“…reminds me of an ad I saw in the local paper – Want to retire wealthy? – speak to XXXXXXXXX – a financial planner with 30 years experience. Makes you wonder what happened to his retirement plan.”
hehe Derek… remember, some people still LIKE their work, and choose to keep doing it. Why do you think all those High Court judges are in their 60’s? Maybe it’s because they just didn’t receive the right financial advice- hehe.
remember, some people still LIKE their work, and choose to keep doing it. Why do you think all those High Court judges are in their 60’s?
The money???
To get away from their wives/husbands???
The money???
Don’t know anything other than work???
The money???
Like the “power trip” associated with the job???
Oh and finally…..Build up the RETIREMENT FUND even more, so when they finally do stop work they will still have…
THE MONEY!!!!
[biggrin][biggrin][biggrin]