“I’m going to wait until the market is at its lowest, and then I’ll buy up.” How often have you heard people say this? This is a common thing for potential investors to say, especially during tough times. But here’s the problem: they never put a number or timeframe on their plan, and that’s because ‘the market at its lowest’ is not something that anyone can predict. Not even Warren Buffett himself. If a financial adviser tells you that they can – run.
We’ve all heard recently in the media about the Reserve Bank of Australia (RBA) cutting interest rates (IR), however what does this actually mean for your mortgage? How can you maximise this opportunity? And how can you retire in financial comfort?
Dallas Davison, Michael Hogue and Ali Hogue.
Lighthouse Financial Advisers Townsville
Tel 07 4772 0938
45 Ingham Road West End Townsville Qld 4810
Lighthouse Financial Advisers Townsville Pty Ltd ABN 26 146 225 505, 45 Ingham Road, West End Queensland 4810 is the holder of an ASIC Australian Financial Services Licence (AFSL) #471826.
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