Are you dumb if you don’t use your superannuation to buy property #financialfreedom
Description
Given the budget changes to capital gains and negative viewing we’re going to see many people that make their money out of selling property suggesting that self managed superannuation funds is how you should be getting access to the property market. It’s important to understand more than ever at these elevated evaluations of Australian residential property that buying at these level levels with the leverage whether this is in Superannuation or any entity is riskier than ever before. So please know who you’re listening to and what their conflict of interest interests are. And just because an asset has gone up in the past does not mean the same results are there for those that are buying now. In fact the higher the evaluations now the future expected return goes down particularly when that asset has been driven by increasing debt levels. General advice only. #financialadvice #superannuation #property #smsf #investing
The information provided in this article is general in nature only and does not constitute personal financial advice.