Three things have never been clearer to me;
- Even before the surge in retiree numbers, the government will be unable to provide much more than the bare minimum though the age pension
- You can’t save your way to financial security, and the changes to the super concessions mean that this route has just got even harder
- There is widespread disillusionment with the financial planners, accountants and executives who have earned hefty fees, commissions and salaries for sub-standard performance
So despite the growing need to provide for the future, investor alternatives have crumbled one by one, as super returns were hammered, property trusts folded, the share market tanked, margin calls wrecked families and companies, and the Tree Schemes fell over. Even the market for art as a tax effective investment has been hard hit.
However, there is a silver lining. Investment property has never stood out clearer as a tax effective solution to growing your wealth.
Investment property is likely to become the primary focus for the thousands of investors who have decided that they will manage their own money and their super, rather than entrusting it to agents who have let them down.
There is a new wave of enthusiasm in the environment, opportunities abound, and we at McCarthy Group believe that our investment property concept’s time has come.
It has stood the test of time, and our mission is to share the concept with as many people as we can. We also provide finance and other solutions for Self Managed Super Funds, an area where DIY investors can make solid returns.
Contact us on (02) 9687 3601or email us at info@mccarthygroup.com.au to discuss your current situation. We can help you clarify your financial objectives, and help you develop a strategy to take you there.
Good luck, and Happy Investing
Stephen McCarthy
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