Time To Buy

With all that has happened over the last few weeks, it seems now could be the right time to step into the market and get some bargains, especially in shares & properties. I'm not so familiar with shares trading yet, haven't got time to play around with it, hopefully will be able to do so in the next few weeks.

Let's look at the property for now. At least it's in my field, I know a little bit more than shares.

The Government has increased the First Home Owner Grant to $14K for existing houses and $21k for new houses! Add with the First Home Buyer Bonus, you can get up to $17K to 26K depending on the property types! For more info, go here

Interests rate has been cut as well, and expected to go even lower. Some experts are also predicting a 0% interest rate for Australia! I'm not so sure it'd go to 0% but it could go very low within these 2 years if conditions do not improve.
All seems bleak & dark for the days ahead! However, as Warren Buffett says "Be fearful when others are greedy, and be greedy when others are fearful." There couldn't be any better time to buy properties! However, not recommended for your to lock in your mortgage interest rates now though!

For those who are capable of buying, now could be the best time to dip into the market! However, those who couldn't afford to do so with ease, please think twice. The market could prove too be too volatile for you to get in.

Some tips before you buy:

1. Know your financial situation
2. Know what you want to achieve
3. Know the areas you want to buy
4. Talk to more than 1 agent
5. Do your own research
6. Never be the first to bid in auction, have it passed-in if possible
7. Don't be too emotional

For more information about buying properties, Somersoft Forum is a very good forum to learn from.

Some common questions I get are, where to buy? What to buy?

Well, like I said, it will depend on what your goals are. For example, for higher capital gains, then you would generally go for something with land. However, lands in the Eastern & South Eastern suburbs are quite high when compared to Northern or Western suburbs. So if I were you, I would be aiming at the West more than any other suburbs. Surely West is the suburb to gain in the next 20 years or so. It's not too far from the water, a lot new residential areas developed, new commercial zones, and has a few freeways compared to Northern suburbs.

I wouldn't buy apartments if I have a choice mainly because of the Owners Corporation fees. With inflations, labour costs & all prices going up, it's unlikely for the fees to stay flat or lower. It could only go higher, which means less profit for investors! One could argue the land in the City is sacred, there're no more lands to build apartments. Well, true however, just not very impressed with the upkeep costs though!
Anyway, good luck to all the investors out there! Let's get ready for the next wave!

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Translation from google:

与所有发生在过去的几个星期，现在看来可能是合适的时机进入市场和获得一些便宜，尤其是在股票和物业。我不熟悉的股票买卖然而，还没有时间玩它，希望将能够这样做在未来数周内。

让我们看看在现在的财产。至少这是我在外地，我知道有点多万股。

政府已增加了首次置业者格兰特至十四K为现有的房屋和$ 21k的新房子！新增的首次置业买家奖金，你可以站起来为17K至26万色不同类型的财产！如需详细资讯，请浏览

利益率已减少，以及，预计到甚至更低。一些专家还预测， 0 ％利息澳大利亚！我还不确定它想要去0 ％ ，但可能会非常低的在这些2年，如果条件不改善。
一切似乎暗淡与黑暗的日子！然而，正如巴菲特说： “要当别人恐惧是贪婪的，并且当别人贪婪是可怕的。 ”就不可能有任何更好的时间来购买性能！然而，不建议你锁定你的抵押贷款利率虽然现在！

对于那些有能力谁买，现在可能是最好的时候动用市场！然而，这些谁不能这样做方便，请三思而后行。市场可以证明过于太不稳定，你进去

之前的一些提示你买：

1 。知道您的财务状况
2 。知道你想达到的目标
3 。知道的领域你想买
4 。对话超过1剂
5 。你们自己的研究
6 。不首先拍卖的出价，它通过在可能的话
7 。不要过于感情用事

如需购买物业， Somersoft论坛的是一个非常好的论坛，学习。

一些常见的问题是我，哪里可以买到？买什么？

嗯，正如我所说的，这将取决于你的目标。例如，对于更高的资本利得，那么你一般去一些土地。然而，土地的东欧和东南欧郊区相当高相比，北方或西方 郊区。所以，如果我是你的，我将针对西方国家比任何其他郊区。当然，西方国家的郊区争取在未来20年左右。这不是太远的水，有很多新的住宅区发展，新的商 业区，有一些高速公路相比，北部郊区。

我不会购买公寓，如果我有一个选择，主要是因为业主立案法团的费用。随着通货膨胀，劳动力成本与所有价格上升，这是不可能的费用持平或更低。它只 能继续走高，这意味着减少对投资者的利润！有人可能争辩的土地在城市是神圣的，是有没有更多的土地建造公寓。那么，真正然而，不是非常深刻的印象，保养费 用虽然！

总之，好运气的所有投资者有！让我们准备好下一波！