Budget released – investors can now plan ahead

Now that the long awaited Budget has been released, investors can plan ahead with some degree of confidence. For some investors, they stand to be much worse off, but for the “Mum and Dad” investors who have a rental property or two, and are not heavily geared, then owning investment property remains a good wealth generation strategy.

For some time now the government has signaled that it doesn’t want kiwis having an excessive level of investment in property.  But in any investment portfolio, diversification is the key and the proven long term benefits of owning property remain true.

Watch this weeks video for comment.