Never Holiday at Home
Never holiday at home; I advise that you keep your holidays and your investment portfolio’s separate.
A holiday at home might be cheap, but it is not relaxing and the point of a holiday is to benefit from relaxation.
A change of environment is vital to getting a good break. When you go somewhere new, even if it is just a country shack out of town, you forget about life back home. You experience new things and break your usual mental habits, giving your brain and soul a wakeup call. Just sleeping in a different bed and perhaps sleeping in makes a break.
Time changes too. One week in a different environment often makes you feel like you have taken four weeks off, whereas time at home goes by in a flash.
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Now to our listeners question …
A listener to my radio segments asks my opinion on buying a holiday unit as an investment that they could also use for their holidays.
To invest wisely, I like to eliminate risk and to do that I choose a city with a population in excess of 1million, a low base price, and high growth potential.
This is why I choose Brisbane’s growth corridor between the Pine River and the Caboolture River.
Until next week …
Steve Taylor
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DISCLAIMER
Steve Taylor & Partners blog is opinion and not advice. Readers should seek their own professional advice on the above subject. The figures stated in this article were accurate at the time of publication. For up to date figures, please contact our office.
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