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  1. C

    Safe as houses

    The level of debt should also be considered against total income, both from the underlying assets and from the major income stream, whether thats labour income or income from a business. Ive got gross assets of roughly $5m now but total debt of $2.6 million. The assets are split roughly 46%...
  2. C

    Safe as houses

    There is no right and wrong answer. I agree with your points and Aus property as well. But for me its a personal decision. I prefer flexibility and if the consequence is paying some tax on the gains, so be it (however i do try to hold an asset for longer than 12 months so i can get the CGT...
  3. C

    Safe as houses

    Hey thats me:D Big slumps do come along every several years. The trouble is everyone is waiting for the 'big slump' in australian residential property markets. I just wait for big slumps anywhere in the world in an asset class i understand and with regards to exchange rates. Allows me to...
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