When it comes to investing, Australians often find themselves torn between property and shares.
Both have their merits, but which one’s the better bet?
According to the 2018 Russell Investments/ASX Long-term Investing Report, Australian residential property outperformed all asset classes over the 10 and 20 years to 31 December 2017 (see image).
While that’s impressive, if you dig a little deeper, you’ll see that returns for all asset classes can vary significantly year on year. That’s why taking a long-term view when investing is key.
And while property has a strong track record, shares can also be an excellent investment.
However, many Australians are already exposed to the stock market through their superannuation, so investing in property could offer a balanced approach. By spreading your investments, you can reduce risk and potentially boost your overall returns.
But remember, there’s no one-size-fits-all answer. It’s all about finding the right balance for your goals.