Property wealth skyrocketed last year

5 Comments

1. As the RBA just bought $750,000,000,000 of government bonds in a matter of 14 months, it's delusional to think that any markets are in good health. At this point, assets must be way overpriced.

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2. Micheal have u figured why it’s sky rocketed Micheal that’s the key to all this! Ounce u find out the why then u gotta ask if it’s artificially stimulated!

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3. Mickael, I wrote another query about buying a house as an IP at a price earnings multiple of 55 times earnings, ie buy $1.3 mill, lose $75K in stamps and get $600 weekly (generous) rent factored in for say $5K in outgoings, ie 1.375 Mill/ circa $26K rent= nearly 55 times PE. I then compared it to buying the top 200 companies in the country via STW, VAS, A200 & IOZ for less than 16 times income? Can I ask why you deleted it? It was a genuine question.

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4. Hi Mikeal, I have another question. If I took the $300K deposit for what would otherwise have been an expensive and very risky proposition (due the the huge debt load) of an I.P and instead purchased the XJO via STW, IOZ, VAS, A200 at under 16 times earnings and assuming without fail, rain, hail or shine I put what otherwise would have been my monthly mortgage payment for the 'mug's mega mortgage', say $2K a month, into more of the same STW, IOZ, VAS, A200, assuming the average historical return of the XJO accumulation index (ie factored in for also reinvesting dividends) compounded for say 20 years what would be my $$ figure at the end of it?? Also this would be done with far far less risk, for very obvious reasons. I think the reason you will never find a single 'expert' selling this strategy is because it altogether removes the need for said 'expert'. And the big dollars it costs to pay him/her. Do you agree?

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5. The farmer certainly got the sheep in the pen and shut the gate ready for drenching.

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