Control the controllables in your life!
Will Labour win the next election? If so, will the negative gearing bill get passed? If so, what will the conditions be and how will this effect me as an investor?
All the ‘what if’s’ in our life that at this point, we cannot control. But by the same token we can’t stick our head in the sand and think it ‘may not’ happen.
Here’s an article that gives a probable outcome if it does occur. Doom and Gloom?? Nowhere near it!
The Australian Financial Review released an article on Friday ‘Bill Shorten has stuck fast to his plans to curb negative gearing if elected, likening the effects of the change to turning down the flame under a boiling pot’.
Information source: Australian Financial Review