Just like you can own a fraction of an ETF in your Raiz portfolio or Raiz Invest Super portfolio, you can own pieces of properties via Superestate, the super fund recently acquired by Raiz that looks to democratise investing in property.
Itās good news for property investors! Not only has the Treasury expanded the property price caps for homes purchased under the First Home Loan Deposit Scheme (FHLDS) and Family Home Guarantee, but there will also be more slots available in the new financial year. That means more possibilities for first home buyers and single parent home buyers to get into the market. Read Post
The Australian budget is out, and there are three measures targeting home ownership in financial year 21/22, which is fantastic news if you are looking to get on the property ladder!
Written by Ben Nash, financial advisor and founder of Pivot Wealth.
Raiz Home Ownership have partnered up with Pivot Wealth and General Assembly to deliver a series of free online property focused money education events to make buying a home or investment property more straightforward. Events in the series can be found here.
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The growth in the Aussie property market has been huge in recent years, with the average house price up over 400% since the 1990ās. The strategy of buying property is something that has proven successful across several decades, but what strategy is best in 2021?
When you buy a house for another party you will need to pay Transfer Duty (formerly known as Stamp Duty). However, if youāre a first home buyer in NSW you will only pay a concessional rate or no Duty at all if you meet a set of criteria.
Buying a home at auction can be a pretty stressful time. The money stakes are high and most people are likely out of their comfort zone. Here are some tips to help bid at auctions confidently.
Buying a home usually comes with a long-term debt commitment, requiring you to borrow between 70% to 95% of the property value to finance your home.
Raiz Kids is a simple way to save and invest small amounts regularlyĀ for your children/grandchildren.
We understand that life gets busy, life gets messy, especially when you have little ones. For the parents and grandparents in our Raiz community, we know it is not simple to get started on a savings fund for your kids.
Raiz Kids is a simple way to save and invest for your children and/or dependents who are under the age of 18.
Just like your main Raiz balance, you can invest your spare change from everyday purchases, set up a recurring or lump sum deposit towards you and your chosen Raiz Kid(s).
Raiz Kids can have direct access to their own investment portfolio, with your permission. This can be an immersive way to help your kids understand how financial markets works and start developing savings and investing habits that they can take with them into their adult lives.
But donāt worry, you get to choose how much access your Raiz Kid has. If you give permission in the settings, your Raiz Kids can choose their own portfolio, or can make changes to recurring investments as an example. You can also choose to get notified any time a Raiz Kids account makes changes to these settings.
EachĀ Raiz KidsĀ account can have different permission and controls, tailored to suit the age of the child and what control you would like to give. Each Raiz Kids account can have a different portfolio selection. You can have different one-off and recurring investments for each Raiz Kid, which could be great for different investment pocket money or does different chores around the house that are done š
We want to give you the chance to see firsthand and free of chargeĀ how these new features can help you investĀ for the next generation.
It is important to note that just like Raiz Invest accounts, Raiz Kids accounts carry investment risk.
To see Raiz fees, clickĀ here.
To see if Raiz is a suitable investment product for you, please read theĀ PDS.
Download it for free in the App store or the Webapp below:
Important Information
| This blog has been issued by Instreet Investment Limited (ACN 128 813 016 AFSL 434776) as Responsible Entity of the Raiz Invest Australia Fund (ARSN 607 533 022) and has been prepared without taking into account your objectives, financial situation or needs. Before acting on such information, you should conduct your own review or consult a financial advisor before making a decision to invest. Please read the relevant Product Disclosure Statement and any associated reference documents before making an investment decision. In accordance with the Design and Distributions Obligations, we maintain Target Market Determinations for our Funds.Ā All documents can be found on theĀ Raiz website www.raizinvest.com.au, or calling the Customer Support team on 1300 754 748. Please note that past performance is not a reliable indicator or guarantee of future performance. Historical returns, forecasts, and market commentary are provided for general informational purposes only. All investment carries risk and may result in loss of capital. |
