One of the most talked about recommendations passed on by the Royal Commission has been rejected, with the government announcing that they will take a wait and see approach on commissions.
Often owning just one or two good quality properties long term can produce better outcomes than chasing short term gains by 'flipping' properties. Yield Financial Planning Managing Director James McFall looks at why holding good quality property for the long term could prove a better wealth creation strategy for your future.
Though for the best part of 20 years it’s been a compelling city in property terms, there’s now a need for greater caution when investing here.
For the past two years, Melbourne enjoyed the status of being the second best-performing capital city for property, after decades of consistent stability. A different scenario is now emerging.
Melbourne still offers plenty of opportunities for real estate investment. However, there are also areas that represent greater risk, where your return could well fall short of your expectations.
So where are the best properties in Melbourne and how can you avoid high-risk locations and types of real estate?
If you are considering downsizing your home, it’s likely you are getting close to retirement or are already retired.
This is a smart strategy to explore and could well be the best decision, but it isn’t always and as with every financial decision, should be planned. Property decisions in particular should be planned as it is very expensive to buy and sell.
To help with the decision we’ve outlined the 6 essential considerations of downsizing.
It's often while we're on holiday that the thought of owning a holiday home starts to seem like a good idea. This article explores 7 reasons why you might want to re-think the idea, or at least will allow you to make the purchase with a solid understanding of how you'll manage the potential pitfalls.
Donald Trump’s victory in the US Presidential election has sent shock waves across the world. Even many Republicans have been surprised by the party’s unexpectedly strong performance, which is likely to see it keep a majority in both the Senate and House of Representatives, as well as winning the Presidency.
Investing for Yield means you are seeking income from your investment strategy.
There are several reasons why this may be a great strategy, but fundamentally it always needs to tie back to your specific investment objectives. For example, it is typical for retirees to invest for yield given they need their investments to provide income to meet their living needs.
Home ownership has been a much-debated topic recently through numerous media outlets.
Although the broader debate is about how hard it is for Gen Ys and Millennials to be able to buy their first home, through this article I’d like to highlight the importance of owning your own home outright before entering into retirement. I was recently interviewed by The New Daily to provide some tips for pre-retirees and retirees to consider for the ownership of their last home.
Whether you are looking to buy your first home, upgrade to a new home or invest towards your retirement, it’s ideal that you can hold your asset for as long as possible. One of the biggest errors people make is that they do not think forward far enough on their decision and when a property is subsequently sold, after only a relatively short time of holding it, it leads to tax implications and transaction costs, that may have otherwise been avoided if there had been adequate planning in the first place.
Every investor wants to purchase a property which will grow in value. Preferably they'd like it to outperform the market. This is achievable, but there are arguably three other metrics which are just as important, if not moreso. Our guest blogger, Cate Bakos shares her insights on the essential elements for investment property growth.
This case study provides a summary of the process we took and the findings we made for clients of ours that were nearing retirement.
A key concern of all pre-retirees is whether they have sufficient funds to live the lifestyle they want in retirement. In this case, we completed several types of calculations, aiding our clients in choosing a defined benefit option, whether selling a property to reduce debt might be beneficial and how their position could look in retirement.
We regularly help clients weave property investment into their portfolio and one of the big challenges is the sheer size of the investment. To make a good property decision, there are so many considerations and yet most of us do it so irregularly in our lives, it’s easy to make mistakes. The focus of this article, highlights a fundamental risk that should be planned for, when investing into direct property.
Our partner stock broker Ben Brockhurst has written us an article discussing how sector selection can impact the returns of a portfolio. While the returns achieved by your portfolio ultimately come down to the individual investments chosen, by selecting investments in better performing sectors of the market, you can reduce your chances of poor performance.
Franklin Templeton has released an article providing several tips to keep in mind while markets remain quite volatile.
Notably, they suggest that now might be an appropriate time for a portfolio checkup, something of which Yield is in the process of undertaking for those clients that subscribe to our portfolio management services.