just had a couple of agents thru to value one of my babies...and to be honest I am devastated
I had decided that I will have to consider cashing in some of my babies, so I can get a cash free pension for my retirement.... instead of self funding my retirement so that means getting rid of all my assets.... and then buying a monster house..... so I can access the free pension (your own home is not considered an asset)
on the basis of their valuations, this one baby has only returned a compound capital growth of only 7% year on year geez.... and I only received 10% gross income pa I am disgusted to say the least....
after all, the other sales all returned 33% capital growth per annum, in just 3 years...... in other words they tripled in value in 3 years.... so there goes the good old days I guess I will have to wait until the media says its time to buy, before I see capital growth of 30% plus per annum again... in the meantime.... I am with the bears cheers
