Top answers this month
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Ask an Adviser - Is Investing In An Apartment Complex The Best Way To Secure Retirement Income?
I'm semi- retired with a super balance of $210,000 and wish to invest $200K in a 12 unit housing complex in Esk in SE Queensland. I own the land (value $150,000). I own 4 other houses valued at $1,300,000 with a $600k mortgage. I have $75k saving, have access to $250k cash in few years and can access $150k if I sell a house now. I also have other income of Gross $36,500 pa and no dependants. I'm looking to get an income from this investment to help fund my retirement. I consider myself low-risk and would like to see a return in 5 years. Is this a good investment or is there a better way to secure retirement income?
Greg Anderson
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Ask an Adviser - What To Do With a Growing Super Pension Account
I'm 70 and retired. Despite enforced monthly withdrawals, my Super pension account balance has been steadily rising. Should I use any future monthly increase to grow my account balance or should I withdraw the gain and place the funds in my mortgage offset account? Alternatively, would I be better off using the gain to pay down my 680K mortgage?
Kevin Malcolm
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Ask an Adviser - Investing With Your Ethics
What constitutes an ethical investment? Is there a set of rules for something to be considered ethical? Can a financial adviser help with this?
Darren Johns
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Ask an Adviser - Financial Advice And The Elderly
I am currently trying to sort out most of my elderly mother’s financial dealings. She is quite badly affected by dementia. Am I able to engage a financial adviser on her behalf and make decisions for her? Does she need to come to any meetings or sign forms to let me do this?
Amanda Cassar