You are viewing:-
you're reading...
1.Market Observations, 8.Was Sticky

26 May 2017 (AFR) – Mark Burgess says thirst for investment property is a red flag

(26 May 2017, AFR, p31, by James Frost)

‘Former Future Fund managing director Mark Burgess has said the golden years of investment returns are over and highlighted the growing possibility of a sharp downturn in the Australian housing market. Speaking at a Melbourne business breakfast on Thursday, Mr Burgess, the chairman of asset management firm Yarra Capital and the investment committee of industry fund HESTA, said bumper returns were a thing of the past. Mr Burgess said that investors needed to get comfortable with lower overall portfolio returns within a range of between 6 per cent and 8 per cent as a once-in-a-lifetime combination of powerful forces receded and eking out returns got harder.’

Read more at AFR.com (might need AFR login access, or try: AFR.com/trial)

Advertisements

About robertbrain

Brainy's Share Market Toolbox. Read the honest truth about the sharemarket. Develop or fine tune your investing/trading strategies using share price charts (technical analysis), or learn about the investment strategies of others. Melbourne (Australia) based - supporting share market investors and traders to build wealth through smarter investing using my Share Market Toolbox arsenal of weapons to tackle the market.

Discussion

No comments yet.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: