Property Hub - Investment Insights & Inspiration Get Invested: Part 2 - Michael Johnston on asset investment
Should you pay cash, finance or lease your vehicle or equipment? Michael Johnston is back again to continue the discussion.
The short answer to this question: It depends.
It depends on the specifics of your situation and circumstances, there isn’t a one size fits all approach to funding your assets.
But one thing is for sure, FOMO is dangerous - and it is very easy to get sucked in to that car yard’s ‘once in a lifetime deal’ only to find yourself in a world of financial pain.
This again is where the dual concepts of access versus ownership and opportunity cost that we touched on in last week’s episode come into play.
And if it’s better in your particular situation to finance it, do you take out a personal loan, hire purchase, lease, novated lease, chattel mortgage or other alternative?
The truth is, that in our time poor world, asset finance is becoming increasingly more complex, confusing and overwhelming, so to enable you to see the forest from the trees and better decide what’s right for you, experienced and expert asset finance broker Michael Johnston from National Direct Finance joins us for Part 2 of our great discussion.
Connect with Michael:
www.nationaldirectfinance.com.au
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About Get Invested, a Property Hub show
Get Invested is the leading weekly podcast for Australians who want to learn how to unlock their full ‘self, health and wealth’ potential.
Hosted by Bushy Martin, an award winning property investor, founder, author and media commentator who is recognised as one of Australia’s most trusted experts in property, investment and lifestyle, Get Invested reveals the secrets of the high performers who invest for success in every aspect of their lives and the world around them.
Get Invested is part of the Property Hub podcast channel, your home for property investment insights, inspiration and stories from Australia’s top property experts, investors, leaders and analysts. Subscribe now on Apple Podcasts, Spotifyand Google Podcasts to get every Get Invested episode each week for free, and also get full access to RealtyTalk, Australia’s top online property show for red hot property investing news and insights direct from property industry leaders and influencers.
Property Hub is a collaboration between Bushy Martin from KnowHow Property, Kevin Turner from Realty, show producer Andrew Montesi from Apiro Marketing and Apiro Media, and Australia’s largest independent podcast networkDM Media.
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