976508245
News

Shifting house no sure bet - Mary Holm

Sunday 29th of August 2004

xpenses?

Taking into account the worst scenario of a further rise in property prices, is there any kind of investment that I can hedge against this with my cash after the sale?

A. Stay put.

Quite a lot of people try to time the sharemarket, hoping to sell when prices are high and buy back when they are low.

As often as not, they get it wrong. And, because they have to pay brokerage and perhaps also tax on their gains, most end up worse off than if they had bought and held.

Read More - Opens in a new window

Want to read the full article?

Click the button below to subscribe and will have free unlimited access for a limited time to full article and all other articles on the site.

You will also be able to comment on articles on Good Returns.