We are entering an almost perfect storm for off-the-plan apartments, and there is a lesson here for sharemarket investors.
Ross Greenwood is the Nine Network’s business and finance editor, and hosts the top-rating radio program, Money News, 2GB in Sydney and around Australia each evening. He appears daily on the Today Show – notably for his Money Minute – and Nine News. Before joining Nine, Ross was editor-in-chief of the British weekly magazine, Shares.
The government’s message with the Pension Loan Scheme is clear: consume more of your assets (including your house) in retirement and leave less for the kids.
The common cry is: “Don’t panic!” It’s true that panic never helps but certainly urgent action – be it buying or selling – is often the prudent course.
Why do parents spend so much time ferrying their kids to sport and dance classes and so little time teaching them how to be wise investors?
Our rising debt and falling dollar mean it could be time to invest overseas instead of banking on the Aussie dollar, writes Ross Greenwood.
Just as the economy works in cycles, so too do companies. The big question investors should ponder is whether the age of mega-companies is over?
If you have a business – or some specific skill – then buy yourself an airline ticket to China and start exploring as there are enormous opportunities.
The super system, which should encourage more people to have more money in retirement savings, has turned into class warfare, writes Ross Greenwood.
Investors should set aside spare cash to take advantage of the opportunities they’ll spot as our economy rebalances, advises Ross Greenwood.
The traders might make money shorting energy but long-term fundamentals say the world still needs these commodities.