Margaret LOMAS
How To Make Your Money Last As Long As You Do
Paperback
Description
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.
Margaret's technique is based on positive cash flow property and seeking out properties that generate an income from day one.
This approach carries with it the security of real estate without the losses experienced by so many negatively geared property investors.
Written in Margaret's easy-to-read style, this valuable financial guide also includes information on;
Eliminating your debt; with a step-by-step guide
Why you should refuse to buy a negatively geared property
Investing strategies that put after-tax dollars in your pocket
Tax effective investment structures
Creating an income for life - even after you retire
Identifying investments that you can get started on now
Planning for a financially independent retirement on the income you have today
RECOMMENDATION:
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.
Table of Contents...
Chapter 1
Where are you now?;
The myths
Home ownership:the great Australian dream
What kind of financial shape are you in?
Chapter 2
Before you can invest;
Addressing debt
Taking control
Chapter 3
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
Chapter 4
The"must knows" of investing;
Banks and borrowing
Taxation and property
Wealth protection
The gateway