Investopoly

Ep 317: Liveinvesting: is now the perfect time to consider this strategy?

August 13, 2024 Stuart Wemyss Episode 317

DOWNLOAD our 97-point financial health checklist here: https://prosolution.com.au/download-checklist/

Read full blog here.

In this episode, Stuart revisits the concept of "liveinvesting," a strategy where you invest more in your family home to secure a prime location with strong growth potential. As property prices in cities like Melbourne are currently more affordable, Stuart explores whether now is the perfect time to implement this approach.

He explains how liveinvesting can offer significant tax-free capital growth, improve your lifestyle, and boost your retirement savings by downsizing later. However, Stuart also highlights the risks, including the lack of tax-deductible home loan interest, concentration risk, and the potential emotional challenge of downsizing in the future.

With Melbourne's property market poised for potential growth and interest rates likely to stabilize, Stuart discusses why this might be an opportune moment to consider liveinvesting. 

Tune in to learn more about this innovative strategy and whether it could be the right move for your financial future.

DOWNLOAD our 97-point financial health checklist here: https://prosolution.com.au/download-checklist/

Do you have questions? Email questions@investopoly.com.au

If this episode resonated with you, please leave a rating on your favourite podcast platform. It helps me reach more incredible listeners like you. Thank you for being a part of this journey! :-)

Click here to subscribe to Stuart's weekly email.

SPECIAL OFFER
: Buy a one of Stuart's books for ONLY $20 including delivery. Use the discount code blog here.

Work with Stuart's team: At ProSolution Private Clients we encourage clients to adopt a holistic and evidence-based approach when making financial decisions. Visit our website.

IMPORTANT: This podcast provides general information about finance, taxes, and credit. This means that the content does not consider your specific objectives, financial situation, or needs. It is crucial for you to assess whether the information is suitable for your circumstances before taking any actions based on it. If you find yourself uncertain about the relevance or your specific needs, it is advisable to seek advice from a licensed and trustworthy professional.

...

People on this episode

Podcasts we love

Check out these other fine podcasts recommended by us, not an algorithm.

The Holistic Accountant Artwork

The Holistic Accountant

Stuart Wemyss & Mena Abraham