David discusses the current crisis in which students are feeling the effects of a dysfunctional property market
David McCarthy discusses the following:
Investors who buy Investment Property could be bitterly disappointed if they do not do their homework •High numbers of people do not claim Tax Relief for Medical Expenses •Is it better to leave money on deposit and get virtually no return than taking a risk with it?
Issue: A staggering number of people retain old Life Assurance Savings Policies for years.
Comment: It amazes me the number of people I come across who have these type of policies for periods ranging from 10-20 years and never had them reviewed. In the vast majority of cases these plans provide poor value both in terms of the cost of the Life Cover the Read more..
Issue: The IMF know more than our Central Bank!
Comment: It is interesting to see that the IMF have come out with a comment on the Irish Property Market which seems to indicate that they have a better handle on what is happening than the Central Bank. Basically their view is that the Central Bank rules are hindering the development of the market here. Most domestic Read more..
This morning David McCarthy answered the following questions from listeners:
I am considering buying a second property as an investment and have circa 30% of purchase price and would borrow the rest, what is your opinion on this as an investment?
Do Serious Illness Policies pay out on any illness?
I have old Life Assurance Savings Policies, should these be reviewed?
Can Life/Savings Policies be moved?
Listen below for more information-
•The IMF know more than our Central Bank •Will the Governments New Housing Initiative help the plight of First Time Buyers •Investing/Buying in the UK, is it a good time? •Turkey’s crisis – the affect it will have on tourism and owners of rental properties
For more information on the above listen below: