It’s a tough time to remain calm as an Australian, particularly as an investor!
There is just so much uncertainty in the air:
- At the time of writing, we’re still no closer to knowing who is going to be running our country… which means we don’t yet know what impact the election results will have on property investors.
- Brexit has happened, with immediate negative impacts on finance markets globally.
- A recent survey by Finder has found that more than 50% of experts and economists believe “downside risks to the global economy have intensified”. The upside to this for mortgage-holders is that this will likely push forward the case for yet another RBA interest rate cut, sooner rather than later.
I know it can be hard to stay focused on your investing goals when everything seems so uncertain.
I’ve always believed that the best defence against fear is an education. If you need any guidance or wish to arm yourself with the education you need to confidently move forward on your investment journey, contact our office today for a chat!