As a new investor, you would look at the relative valuation of different asset classes and go from there. For example, the stock market is around 2/3 of its highs, while the property market is at its all time highs and high as a multiple of income. So the low risk option might be to stand aside from the property market and invest in the stock market.
I was always taught that if anyone ever said to me "the property market...." that I must ignore absolutely everything they said after that, because they obviously haven't got a clue what they are talking about.
No intelligent investor would talk of such a massive bucket, as no investor can take advantage of it.....everything is a big mish-mash of combined pap.
When you referred to the property market Paul Do, were you refering to ;
1. Inner east Melbourne CBD 3x2 house in St Kilda ??
2. South Fremantle container yards ??
3. Qld islands ??
4. Hobart office towers ??
5. Cattle stations south of Katherine NT ??
6. South Dandenong factories ??
7. Bellevue Hill and Point Piper mansions ??
8. Beach cottages down in Victor Harbour ??
9. Pub on the corner outside the 'Gabba ??
10. Block of miner flats out in the Isa ??
11. Caravan Parks in Bendigo ??
12. A cafe in Bondi ??
13. A 2x1 hi-rise apartment in East Perth ??
All of those are just a tiny sample of "the property market", but all are completely different, in different locations, affected by different laws and obey different supply and demand forces, and are all in different stages of the proeprty cycle....if there is such a thing.
If anyone tried to stand up and tell me that they all went up 5% last year and will all likely go up say 6 or 7% next year, but the income side of things has peaked......well of course, I would know that they are talking out of their hat.
I'm not impressed at all....