Strange strat­egy

Money Magazine Australia - - FROM THE EDITOR -

Ev­ery day I read news ar­ti­cles or hear peo­ple es­pous­ing the de­lights of neg­a­tive gear­ing and the tax perks that come with it. Putting it sim­ply: neg­a­tive gear­ing means that your “in­vest­ment” is los­ing more money than it is mak­ing. The rea­son you pay less tax is be­cause you are los­ing money.

Call me old-fash­ioned but since when is the in­tent of in­vest­ing to lose money? It’s cer­tainly not my fi­nan­cial strat­egy! Ka­t­rina, Qld

Newspapers in English

Newspapers from Australia

© PressReader. All rights reserved.