27th December '08

I hope you had a wonderful Xmas day, I sure did. I know that all of you deserve a well earned break as it has been a tough old year for most of you. The big question I think for a lot of us this year will be “what’s 2009 likely to bring?” I would suggest that with fuel prices down, interest rates at the lowest they have been in years and tax cuts due, we should be a little more optimistic about the future. The key word to moving forward will be ‘confidence’ and I believe the media have a major part to play. I don’t know how many times I have heard people say to me “isn’t it ashame the media couldn’t be more positive?” This is from people from all walks of life and business. You would think they would realise that by being so negative they are actually shooting themselves in the foot? However, if ever there was a time to be positive about investing in property, I believe it is right now. I say this because we have properties with 10 year guaranteed rents and with such low interest rates those of you who are looking at investing; this type of investment is a no brainer. After this years events why would you put your money into managed funds, investment companies, the share market or term deposits? I hope you are enjoying your break, have a great weekend.