As you know I am totally biased towards property and I thought that I would share this chart which sets out the top ten Growth Funds returns and then ask you this very simple question.
Top 10 Performing Growth Funds* for 10 years to 31 December 2015 (%)
1 REST Core 6.9%
2 BUSS (Q) Balanced Growth 6.7%
2 Telstra Super Balanced 6.7%
4 UniSuper Balanced 6.6%
4 CareSuper Balanced 6.6%
4 Catholic Super Balanced (MySuper) 6.6%
4 CBA Group Super Mix 70 6.6%
8 AustralianSuper Balanced 6.5%
9 Cbus Growth (Cbus MySuper) 6.4%
9 QSuper Balanced 6.4%
Source: Chant West, 20 January 2016 media release (www.chantwest.com.au)
As you can see the top growth fund returned 6.9% over 10 years.
So, lets look at property;
An average return on a rental property is 4% per annum. Add to this the capital growth of most property of 7% to 10% per annum and you have 11% to 14% per annum.
Furthermore all you need to invest in a property is a minimum of 10% as the deposit, which could be say; $40,000 to get this return, because you are leveraging your money.
So, I will ask you the simple question; “Why look at anything else, other than property?
A Financial Advisor will say; you need to have a balanced portfolio. It’s interesting that a Financial Advisor makes no money if you invest in property.
Anyway,I will leave it at that and be in touch next week with some BIG news.
As I said in my previous blog post this year I will be harping on creating wealth through property, because it saddens me to see so may people missing out on what is ‘easy money.’ It is easy when you know how and if you do not know how; all you have to do is ask by emailing email@example.com.
Till next time