If you save for the whole of your life you may end up being comfortable but you will never be wealthy. That’s because the more you make the more they take and then you end up paying tax again, on the interest that your hard earned savings attract. So it’s time to change focus and think about buying and borrowing to become wealthy.
If you have lived in your own home for over five years you would have sufficient equity to utilise to buy an investment property.
As I said in my last post, not many people get beyond owning more that two properties and sadly some do not ever take that step. Where are you sitting at the moment? What are your goals about retirement?
It is never too late to start. As Wayne Dyer says “If you are going to dream you might as well dream big.”
A book that I read many years ago was a great help to me on my journey of self discovery and growth. I can highly recommend it as a means of creating wealth. It is called “The Science of Getting Rich”
It was written many years ago, but stills stands true in todays world. Just click on the link and it will be yours, at no cost to you.
If you need any help and advice on this or any property related matter, please feel free to email me to firstname.lastname@example.org.
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Till next time.
It’s a Breeze Property Pty Ltd