just attended a 2-nights property investment seminar that included presentations from a financial planner and a mortagage broker.
from that seminar, it seems that the success of property investment is only half way thru financial freedom. when the financial planner made her presentation, she gave a couple of options including living on rent of existing investment property and so forth. the first few options were anything but attractive. her last option did surprise me though. her recommendation was to use the equity in the property portolio to invest in blue-chips to generate income during retirement!
what i'm saying is why would anyone invest in property then when eventually end up in the stockmarket? wouldn't it be more prudent to start educating oneself and get aquainted with the ins and outs of the stockmarket?
and looks like everyone in australia will need a financial planner very soon. all that setting up of trust and taxation stuff is getting a bit too complicated for me.
any words from the forum?