Downsizing your home is an exciting opportunity, whether it's prompted by retirement or your kids leaving home. It offers a chance to reduce your living costs, minimize home maintenance, and free up your lifestyle. However, there are common pitfalls—like unexpected strata fees, restrictions on pets, and even scams in the retirement village sector—that can turn this process into a stressful experience. Here's how you can avoid these pitfalls and how a buyer’s agent can help ensure your downsizing is smooth and less risky.
Thank you for the hundreds of responses to our Reader Survey and to maximise the sample size, we're leaving it open until this Sunday. Here is an overview of the results so far.
It might not be quite an 'everything bubble' but there's froth in many assets, not just US stocks, right now. It might be time to stress test your portfolio and consider assets that could offer you shelter if trouble is coming.
Investors often fall prey to 'amygdala hijacks,' letting emotion trump reason. By focusing on dividend-growth with stocks instead of volatile prices, you can steady your mindset and let compounding do the work.