STEPHEN SAYS

20th October '07

Many of the people I meet with talk about how best to secure their future income and  I think all of us share some concern about the future of government superannuation. Even if we do receive it I do not think it will be enough to maintain a reasonable standard of living.  There is no doubt that residential property is an important mix in your investment portfolio however the step to own an investment property should be made while you have the cashflow to support it.  The tax credits can be significant depending on gross taxable incomes.  Anyone earning over $60Kp.a. will see the tax benefits by owning investment property.  Christchurch is considered one of the best locations in NZ to invest due to its population growth and strong employment but you need to research the location before jumping in.  If you are considering residential investment or just want to learn more about it, give me a call. It's free and only takes about 30 minutes. Have a great labour weekend!