Recession impact on property, page-78

  1. 1,995 Posts.
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    "Basically to me if you invest in anything just hoping for capital gain is just a fallacy."

    Basically if you invest in something that has zero chance of capital gain you do not understand anything about investing.

    fyi, I did your term deposit maths for you and $30k over 20 years at 5% will give you $82k but lets assume you are in the mid marginal rate so we will deduct 37% of the increase, leaves you with a gain of $32k over 20 years.

    I'll take the risk associated with the Brisbane property any day of the week, thank you very much.
 
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