Hello everyone
The recent discussions on Peter Spann's new income fund is very timely for us. After much thought, investing in shares directly is something I want to do down the track, but my business takes up 99% of my time at the moment and I feel direct investing in my limited spare time would not be a very efficient way of using my money or my time.
So it looks like an income fund is the way forward at this stage. Like most others, the purpose of investing in an income fund is to help with the holding costs of properties.
I am looking for help in deciding which income fund to invest in. The only ones that I am aware of at the moment are Peter Spann/Macquarie, Navra and I think Vanguard have one.
Can you guys point me in the direction of any others, as well as perhaps some pros/cons of each (including the ones I mentioned above).
As far as I can see, Navra is the only one that pays dividends quarterly which is a big plus from my point of view.
So please guys and gals, looking forward to summarising the recent discussions on income funds with a list of income funds and discussions on each and even mentions of the specific funds used by the members here.
thanks in advance
The recent discussions on Peter Spann's new income fund is very timely for us. After much thought, investing in shares directly is something I want to do down the track, but my business takes up 99% of my time at the moment and I feel direct investing in my limited spare time would not be a very efficient way of using my money or my time.
So it looks like an income fund is the way forward at this stage. Like most others, the purpose of investing in an income fund is to help with the holding costs of properties.
I am looking for help in deciding which income fund to invest in. The only ones that I am aware of at the moment are Peter Spann/Macquarie, Navra and I think Vanguard have one.
Can you guys point me in the direction of any others, as well as perhaps some pros/cons of each (including the ones I mentioned above).
As far as I can see, Navra is the only one that pays dividends quarterly which is a big plus from my point of view.
So please guys and gals, looking forward to summarising the recent discussions on income funds with a list of income funds and discussions on each and even mentions of the specific funds used by the members here.
thanks in advance