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Silver-hair Investors Leverage Surplus from Empty Nests

Australians over 55 have shown overwhelming interest in the property market and are eager to start investing the “dead” equity from their homes.

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Silver-hair Investors Leverage Surplus from Empty Nests

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  1. Silver-hairInvestorsLeverageSurplusfromEmptyNests Australiansover55have shownoverwhelminginterestintheproperty marketandare eagerto startinvesting the“dead” equityfrom their homes. GoldCoast,QLD,May 08,2014 -Australiansover55haveshownoverwhelminginterest inthepropertymarketand areeagerto start investing the“dead”equityfromtheirhomes. Ahighnumberofretireesand soon-to-beretireesareamongstinvestorswhomadeamarkon theAustralian propertymarket in2013, withactivityatitshighest levelsinDecembersincelate2003inregardstoaproportionofall housingfinancecommitments,according to RP datareleasedearlierthisyear. MembersAlliance CEODavidDomingosayssilver-hairinvestorsarechanging thefaceof theinvestment marketbyre-entering withambitionsofreturns thatother‘asset classes’can’tprovide. “Thetimelineofachievementhasshortened witheachgeneration; ourparent’s generationhadagoal topayofftheirhomes beforeretirement,but nowbaby boomersarechasing fullownershipofa$1millionhouse whilstalsowanting torefinancetoleveragetheirequitylong before retirement,”saysMrDomingo. “Thesedaysmorepeoplearerealising theyhave‘dead’equityintheirhomes, whichexplains thespikeinactivityfrom silver-hairinvestors. “Well located andrentablehomesareatthetop of theover-55s investmentwishlist,butpurchasingmeansand goalscanand dovary.” Theseinvestorsareusing theiragetotheiradvantage, withsome investing withfundsfromtheir self-managed superfund. Thereal estateindustryhaschanged immenselysincebabyboomersbought theirfamilyhomes,which iswhymost expertsagreeolderinvestorsshould buywith clearobjectives toavoidfinancialpitfalls,and asimportantlyseekreputableadvicebeforebuying. MrDomingoencouragesretirees tothink long-termwiththeirinvestmentsbyfocusing onaclearmandate. “Thisincludessuburbsclosetorailwaystationswithestablishedandongoing demandandconsistent populationgrowthtrendsratherthanpropertiespromisingsuperhighyieldstodaybutquestionablelong-termrental demand tomorrow,”saysMrDomingo. “It’saquestionthat allinvestorsshould ask,but especiallytheover-55s:AmIbuyingforapremiumrental yield withhigherriskora long-termcapital gainand areasonablerental income? “Reachingout foradvicefromfinanceand propertyexpertscanalsohelpinvestorssteerclearfromothercommonmistakeslikeretiree investorsonlybuying homestheywould liveinandmostunfortunatelyignoring whattenantsexpect.”

  2. Tenant’sexpectationshavechanged torenting property thatissmallerin size,lowmaintenance and nearamenitiesand publictransport. MrDomingosaysinsomecases, silver-hairinvestorsareunawareofwhata good investmentpropertylooks liketoday. “It’s beenso long sincetheywentout looking fortheirownhomesand most criticallytheyareleastversed inthepropermandateandcriteria,”saysMrDomingo. MembersAllianceisa privatelyownedfinancial conglomerate,specialising infinancialplanningand financialservices,providing clientswith provenstrategiesand techniquestoensureafinanciallysecurefuture. Formoreinformationvisit www.membersalliance.com.auFor all mediarequirementscontactBruceNelsonon0423403449. Contact: BruceNelson ZakazukhaMarketingCommunications 3EdenCourt Nerang, Queensland 4220 +61755966634 bruce@zakazukha.comhttp://www.zakazukha.com ###

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