The (proposed) policy on negative gearing is like, you can invest in shares but only on IPOs. You’re going in blind because there is no historical performance for you to look at and to analyse the potential of that investment.
Quote of the Day
Investing in Property should be seen as a team sport not an individual one.
~ Ben Kingsley ~
Quote of the Day
Do not confuse Activities with Achievements.
~ Bryce Holdaway ~
Quote of the Day
It is NOT about how many properties you have, it is about how much value you have that will help you achieve a passive income.
~ Bryce Holdaway ~
Quote of the Day
Negative gearing is not exclusive to property. It’s in the fabric of our taxation system and we need to be careful to not make a decision around the 30% (of population) that will ultimately affect the 100%.
~ Ben Kingsley ~