Two warning signs the end of the boom is nigh

You may have noticed price records are being smashed in everything from stamps to art, from low-digit number plates to off-the-plan apartments – none of which earn income.

That’s what happens when you get to the end of a boom, even if it’s still a year or so away. The market becomes crowded with wealthy investors indulging in carefree frivolity.

This exclusive video for Professional Planner details the two signs that show we’re closer to the end of the cycle than the beginning and why sitting on cash may be the safest bet.

[jwplayer NsF0bpsT]

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‘Best possible outcome’ sees First Guardian investors cop massive loss on failed property deal

‘Best possible outcome’ sees First Guardian investors cop massive loss on failed property deal

First Guardian investors will get 8 cents on the dollar back on a loan the fund made to a property developer in western Melbourne, with liquidators FTI Consulting saying they believe this was the “best possible outcome” for unitholders.

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