Growing your future
When it comes to securing your financial future, growth assets and collaboration go hand in hand.
Words Owen Cooney / Photos Jahl Marshall
In times of uncertainty and fear, it’s hard to know where your money should go. All this talk about inflation can be confusing but by taking a step back, and looking at the bigger picture, you can get a better understanding of where your money is best kept in hard times.
In times of rising inflation, commercial investment can be a wise move. Even when the yield on a commercial property remains the same, your dollar is still worth a dollar. The bank’s dollar, on the other hand, is worth less and less with inflation.
Growth assets, such as commercial investment, will protect the spending power of your dollar. Long leases hold through to the next cycle, and so being exposed to growth assets is a game you need to be playing if you hope to grow your wealth long term.
However, with all of today’s challenges, it becomes hard to even create a wealth plan and build a future in the first place. That’s where a collaborative approach can work. Joining a private collective means you join a group of like-minded individuals who jointly purchase, then lease, the building in question.
There are many advantages to owning a share of a building using this model, compared to owning the building outright.
Firstly, the collective admin team does the legwork in that they find high-quality properties worth investing in. Secondly, they ensure the numbers stack up and the right contractual arrangements are in place to generate a profit from the get-go. And, thirdly, they organise reliable tenants and take care of all bank financing, lease arrangements and financial reporting.
If you're keen to connect with our network of investors and potentially join a collective when the right opportunity arises, head over to the Classic Collectives website and schedule your own 15-minute discovery call. There are no obligations to join our syndicates; we’re simply here to answer your questions.
Being able to ask honest questions and get straight answers is perhaps the best investment of all. It only costs your time.