Episode 108: Important Tips When Purchasing A New Home.

This week’s episode starts off with a discussion on the first Presidential debate in the United States and Jenny Mikakos leaving the office in Victoria following the Hotel Quarantine debacle and investigation. Furthermore, the group deliberated on the restrictions put in place to prevent the spread of Coronavirus and what steps could have been taken to prevent this situation. Brett sheds light on what and how long it takes for people to enter the property market and save for their first deposit. Louis expands on a topic addressed in the last week’s episode which is the magic number for retirement and what you can do to work towards it.

This Week’s Investor Exchange Round Table Covered:

    • Property Market Update: Entering the property market is considerably cheaper now than it was 10 years ago regarding the cost of ownership. Brett provides a breakdown of data explaining how long it would take for individuals to save up the deposit for entering the market and gives first home buyers advice on what to look out for.
    • Magic number of retirement: Louis talks about the ideal age for retirement for people and what they can do to get there. He talks about the importance of financial planning with regards to assets, super funds and other key factors and the pivotal role they play in setting and achieving the investment returns that can allow you to retire in peace.

Listener Questions:

Write in to get your investment and wealth management questions answered by Joel, Brett, and Louis.

Ask a Question: https://theinvestorexchange.com.au/ask/

Join the Conversation: fb.me/theinvestorexchange


The post Episode 108: Important Tips When Purchasing A New Home. appeared first on The Investor Exchange.

Listen Now

Recent stories

Five Things First Home Buyers Need To Know

Before you decide to purchase your first property there are a number of things to consider, including your current personal…

Read more

There’s more than one way to boost your retirement income

After spending your working life building retirement savings, you may be reluctant to eat into your “nest egg” too quickly.…

Read more

Downsizing in retirement

If you’re thinking about selling your home and downsizing, consider the pros and cons. Check if selling your home affects…

Read more

Getting a good balance in 2021

By Tony Kaye, Senior Personal Finance Writer, Vanguard Australia Reviewing the structure of your investment portfolio is an important and…

Read more

What exactly is inflation?

By Beatrice Yeo, Economist, Vanguard Australia The Reserve Bank of Australia has recently made an unprecedented change to the way…

Read more