OK Tippy have a look at https://quintis.com.au/ There was a prospectus from Adviser Edge. There was post on one of the threads. You'll have to look for it.
When you buy in it's for a 15 year term. Hint Hint.
The cost of 1 Ha will be about $80K. OK you pay maintenance costs per year I would assume they are tax deductable.
That works out to be a 9% yearly interest rate. Tippy large US funds have bought lots, so I am assuming they have done their maths.
Plus bear in mind the US return would be far better. 10 years ago it was almost $2 AUD for $1 US So the invested $40K. Take out $300k AUD say $200K US now, Thats a yearly interst rate of 12% Give or take
Let me know if I'm wrong.
QIN Price at posting:
29.5¢ Sentiment: Buy Disclosure: Held
