As a first time investor would you currently be recommending shares or property?

Hi Philip,

That’s a hard one to answer on here and will depend on a range of factors.

For example how much you have to invest, your ability to add more to the initial investment over time, your appetite for borrowed money (eg for an investment property).

You need to sit down with someone ans work through where you are at and where you aspire to be over the coming years. Your investments should then be chosen around this.

Regards
James

Hi Phillip,
The longer term answer would be a mixture of both. In the short term, I would recommend that you go and sit with someone like James who is qualified and licensed to study your financial situation and your future earning potential to come up with a strategy that you can work with for life.
Both should be medium (shares) to long term (property) so the decision on what to start with will come down to your current financial situation and your goals for financial growth.
Best of luck
Regards
Scott