vanguard predicts cash rate will be 50bps lower by the end of 2024.
Thanks for reply. But I don't understand what you mean by "not an immediate write-off". If the new floorboards were installed solely for selling...
Say I spent $10k on installing new floorboards before selling an investment property. Property then sold. Is this $10k tax deductible from...
Does Bob borrow my money to invest? And then return all the profits back to me?
I own VAS, AFI, ARG and MLT. I have to wonder why these LICs have been performing so poorly during the past year. 1 year performance comparison:...
Started to read these news letters. This is really really great stuff written by Ashley Ormond.
Anyone knows why LICs have been down so much compare to Index? e.g. Year To Date: VAS +2.85% AFI -6.63% ARG - 5.74% (I have all 3 of those)....
I knew nothing about personal finance or investment until I read Michael Yardney's book - "How To Grow A Multi-Million Dollar Property Portfolio...
Bought in Wenty in 2013, always think it is an area with good potential.
I am new to LICs. Can I please ask how you determine whether they are trading at a premium or discount? Thanks.
In my opinion, it is not about "how many", but "how big" is your portfolio. You could have 5 x 200k ones, and you could have only 1 worth 1 Mil.
2002 - PPoR overseas 2010 - Move to Australia 2011 - PPoR 2013 - IP1, IP2, IP3 2014 - IP4 2015 - IP5
I have been working 0~4 hours / day for the past year, feeling myself semi-retired.
All I can see here is: A person who has been buying up a lot of properties doesn't know what he is doing... :rolleyes:
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