Search results

When we first moved to the USA, I looked at the possibility of buying an IP or two. Most times the yields were in the 20% range and more, which I thought was astounding compared to Aus, with our shiddy 5,6,7%. Of course; when you look deeper, you need that sort of yield to even contemplate it...

What are the rent yields like, though?

Add to that a trend to employ folks on a part-time and/or casual basis, and the tax base will be even less.

They buy a mowing run. Not that this is bad; but it's an easy-ish get.

And then there is the real possibility that the retirement age may be extended to 70 in the not too distant future, as the Gubbmint see it as a way of saving $150b per year - according the to the teev news the other night.

Doomsayers have a place - they help the rose coloured glasses folk to possibly evaluate what they are about to do and look more closely at the risks and then act accordingly. It is our job to question what they are saying too, of course. I do it every single day with my kids - "be...