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Posted: 15 July 2010
I picked up on a note on the in magazine notice board in Investor March 2010 It simply stated that a dollar saved is worth more than a dollar earned. The simple reason being that the saved dollar earns interest. The example stated showed how $1 saved became $2.16 ten years later if invested to compound at eight percent. If you were looking at thousands of dollars invested obviously the result is that much better. ...
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Posted: 14 July 2010
On Sunday 4th of July Chris Laidlaw interviewed Juliette Shaw, a sociologist from Boston College. Juliette had a refreshingly optimistic view about the way America is re-shaping its economic future. She claimed that after the credit crunch it was “not business as usual” for the big corporations because people have recognized that this model has undue political power and benefits only those within the hierarchy and as a monoculture is not nimble in its response ...
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Posted: 14 July 2010
This year’s budget announced a number of changes for both businesses and individuals. As a property investor, what does this mean for me? As expected, depreciation on buildings will no longer be able to be deducted from rental income effective from 1 April 2011. For most, this will reduce cash flow on average by $1,000 - $2,000 per annum depending on tax rates and assuming 100% negative gearing of the rental property. However, there is ...
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Posted: 10 July 2010
Our client community is diverse and we have an impressive number of talented and skilled people so we felt the Equitus service should extend to linking this community so that, instead of throwing a dart at the yellow pages, the people in our community can access each other in a business to client or business to business sense. We are profiling three clients this month. Each recommended to us because of their personal qualities and ...
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Posted: 10 July 2010
We are delighted to see that our independent mortgage broker, Joy Coughlan of Investor Mortgages has received the honour of being one of three finalists in the Canterbuty/West Coast region’s mortgage broker of the year. This is a very prestigious award recognizing the outstanding service levels that Joy provides to all her clients and is also recognition for the “extra mile” that she will go to ensure the client gets the best possible result. ...