When people contact us about property investing it’s usually for one of two reasons. “Can you help me get into property investing?” “Can you help me get out of property investing?” On the first question the answer is always no. The high transaction costs. The lack of diversification. The need to use quite extreme leverage. The hope capital gains will wash away losses on income. New properties that can be loaded with fees. Older properties needing maintenance. Uncertainty on locations and rental returns, even within a booming city. These things don’t sit within an evidence-based investment strategy. The level of…

You may have heard of the one about the broken clock. Look up at the wall. If the hands aren’t moving on your favourite clock it’s not going to give you the correct time. Yet as the hands don’t move, the time does. Every twelve hours the clock will line up with the correct time and strike gold. Stretch it out to 24 hours and your stopped or broken clock is right twice in a day. It’s a useful proverb or phrase if you want to explain away some accidental success or good fortune against the odds. Maybe a unreliable…

The calls have started. Not many, but enough to attract our attention. COVID-19 is changing lives, goals and plans. There’s one group who hasn’t been given much attention, but it seems clear their goals and lifestyle intentions post work may not be as expected. Investment focus has primarily been on self-funded retirees. Specifically, those with self-inflicted woes. The financial media is completely disinterested in the performance of an index type portfolio with its construction split between various asset classes. Most of their readers are still people who pick stocks and cram into the banks for yield. Every day they can…