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Description
How to Make Your Money Last as Long as You Do - Margaret Lomas
HOW TO MAKE YOUR MONEY LAST AS LONG AS YOU DO debunks the myth of negative gearing and replaces it with a fresh, new approach to investing which carries with it the security of property, without the traditional losses experienced by so many property investors. It’s about positive cash flow property and learning how to seek out properties which operate an income from day one.
Written in Margaret's easy-to-read style, this valuable financial guide also includes information on;
- A step-by step guide to eliminating your debt
- Why you should refuse to buy negatively geared property
- Investment strategies which put after-tax dollars in your pocket
- Creating an income for life – even after you retire
- Tax-effective investment structures
- Identifying investments which you can start now
- Planning for a financially independent retirement on the income you have today!
The first in a series of excellent books about positive cash flow investing. Great starting point for anybody interested in property investing and / or positive gearing.
Contents:
PART 1 – Where Are You Now?
- The Myths
- Home Ownership: the Great Australian Dream
- What Kind of Financial Shape Are You In?
PART II - Before You Can Invest
- Addressing Debt
- Taking Control
PART III – Ready to Invest
- Buying and Selling Real Estate
- The Different Types of Investment Property
- The Investment Process
- The Truth about Negative Gearing
- Creating an Income for Life
PART IV – The ‘Must Knows’ of Investing
- Banks and Borrowing
- Taxation and Property
- Wealth Protection
- The Gateway