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Blue Wealth Property
Press
Release
Property
remains top of mind choice for Australian investors
13
December 2010 - National investment property research
group Blue Wealth Property are urging consumers who
are considering long-term wealth creation and retirement
income ambitions to conduct their own extensive research
and to remain vigilant when seeking advice from independent
advisory groups.
The
calls come following reports last week from BT Financial
Group, claiming investing in shares was the “strongest
performer out of a group of best performing assets,
despite the falls associated with the global financial
crisis’ and ‘particularly when property
maintenance costs were factored in,” a view Blue
Wealth Property CEO, Dr Tony Hayek finds critically
flawed and biased.
The
results of an independent survey of 1000 people conducted
by BT revealed seven out of ten investors surveyed
believed property was the best performing asset of
the past two decades while just 22 per cent chose
shares.
However,
BT investment specialist Michael Bailey suggested
while most investors believe property outperforms
shares in terms of investment returns, they should
in fact, “be satisfied with more easily attained
market returns”.
“This
is preposterous. Year after year, those with vested
interests in equity markets are playing down the returns
on Australian residential property as an asset class,
probably because there is no way for them to cash
in on the property market. The reality is that Australian
property has consistently provided investors with
superior and far more stable returns than equities,”
said Dr Hayek.
According
to Dr Hayek, the key strategy to wealth creation through
investment is to invest regularly over a long-term
to reduce any short-term risks.
“With
small amounts of leverage, the risk adjusted returns
from property have more than doubled the returns on
shares in the last decade, even after costs associated
with the property have been accounted for,” said
Dr Hayek.
“The Australian tax system has been built to
support property investors more so than any other
asset class. If due diligence is taken and investors
have a good strategy in place, property will continue
to be the most powerful wealth creation tool available
to Australians.”
The Russell Report investigates the performance of
various types of investments over the past 10 and
20 years. As part of the performance comparison, the
report considers the real-life impact of tax, costs
and borrowing on ultimate investment returns.
Website: www.bluewealth.com.au
As
a national research and advisory investment team,
Blue Wealth Property has a proven track record in
using research to identify growth markets and strong
investment opportunities, with extensive experience
in a suite of solutions catering to the varying needs
of their business partners and clients.
For
further information or to interview Blue Wealth Property
CEO, Dr Tony Hayek, please contact:
Carolyn
Koens at Push Public Relations on 0423 626 757 or
carolyn@pushpr.com.au
Media
Agent
Carolyn
Koens
Publicist,
Media Agent
Push
PR Founder and Director
Website
Push
PR
Greg
Tingle (Media Man founder and director) and Carolyn
Koens
Media
Man does not represent Blue Wealth Property
Media
Man does not represent Carolyn Koens
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