Yesterday, the National Association of Automobile Manufacturers of SA (NAAMSA) released its new vehicle sales figures for December and 2014 as a whole.
The figures for December showed a rise, but for the full year they didn't impress.
A variety of different factors put pressure on new vehicle sales.
Let's take a closer look at what the figures showed and what might lie ahead for 2015…
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Buying a holiday home is a great way to invest in property.
You can enjoy having the property to escape to. And when you're not using it, you can rent it out and earn an income from it.
But before you jump it, what should you do if you want to rent out your holiday home?
Read on to find out…
Renting out your holiday home can provide you with a decent secondary income
If you wan... ››› more
Commercial property in the UK performed well through 2014. The sector returned over 15% last year.
With the British economy recovering, there are signs that investment in commercial property will continue to do well.
So are there still opportunities for gains in the sector after such a good run? And if so, where should you focus?
Read on to find out…
UK commercial property has per... ››› more
We all know the secret to investing in property is ‘using other people's money'.
Whether it be money from friends and family, as investors, or the money the bank borrows from you. It's ‘other people's money' that allows you to buy more property than you would've on your own - Locking in growth and a steady income stream from day one.
Now obviously we all don't have ‘investors' to join ... ››› more
If you have a long-term investment portfolio, property should form part of it.
But investing in property doesn't mean buying property yourself. There's a much easier way to do it. You can invest in real estate investment trusts (REITs).
So why should you invest in property through REITs?
Let's take a closer look…
Why invest in REITs
Chances are you’re looking for a quality as... ››› more
Any type of investment is a gamble, but property investment can also be suited to the risk-averse investors.
Before you invest in rental property, there are certain things you should consider, such as the following.
1. The expected rental property income
The bottom line is this: how much do you expect to earn from renting the property? This should be the motivating factor behind your de... ››› more
Whenever I speak to investors I hear “The property market is dead” or “Property is so expensive, there are no good deals out there”.
I recently read an article about a financial advisor who was telling investors they're looking at single digit yields if they invest in property. The article went on to tell them that the stock market is the ONLY place they should be investing.
That's ... ››› more
We all know Warren Buffett as the ultimate stock market guru. His stock investments have beat the market for close to 50 years now, and he's one of the richest men in the world.
But did you know he's also a property investor?
And, in his latest letter to Berkshire Hathaway shareholders, Buffett shares how investing in property taught him to be a better investor in shares as well!
When I rea... ››› more
Investing in real estate is a wise option for building wealth, but you need to determine how to maximise your investment to reap the full benefits.
One of the first things to consider when investing in real estate is to choose a property in a very good area, even if it requires a lot of repair work. You want to take advantage of sought-after neighborhoods because the area will be a key factor i... ››› more
For the majority of people who invest in property, they'll need the bank's helping hand for financing it.
But did you know if you don't have a credit history, the chance of your bank approving your application are nil?
So how can you get a good credit rating?
Read on to find out…
The first step to securing financing for investing in property is your credit record
The first thin... ››› more
Once you've decided to invest in property, the next decision you'll face is deciding where.
There are several factors that can affect a property's desirability for renting out. So it's vital you weigh up these factors so you buy the best investment property that you can afford.
So what factors should you look at before buying an investment property when it comes to location?
Read on to fi... ››› more
Buying property at auction can be a great way to pick up a property at a significant discount. And if you're prepared to do a bit of renovating, there are many bargains out there.
Yet a recent interview highlighted that there are some property auctioneers out there that aren't regulated and pose a risk to you if you buy at auction through them.
So what should you do if you want to buy a prop... ››› more
If you've built up a substantial amount of equity in your home and you want to invest in property to rent out, there is a way you can do this.
It involves releasing some of the equity in your own home and using it to put down on an investment property.
So how can you achieve this? And are there any guidelines to follow when you take this route?
Let's take a closer look…
Using your... ››› more
When we're young, we're sometimes oblivious to the fact that we should save for retirement. But the fact of the matter is, the earlier you start the better.
Not all of us are fortunate enough to have an employer that contributes to a pension fund. And, a savings account just won't give us proper returns over the long term…
Some of us want to start investing, but with so many investment cho... ››› more
By investing in property, you're hoping to secure a monthly income from letting it out.
If you borrow money to buy the property, on top of your bond repayments, what other costs can you expect to pay?
Let's take a closer look…
Are you going to use an agency to manage the property for you?
If you decide to let an agency take care of finding a tenant and managing the tenancy, you’... ››› more
If you decide to invest in property, it's probably one of the biggest financial commitments you will make.
So it's important that you take time to make informed and well-judged decisions along the way.
The last thing you want to do is waste money. So what should you do to keep your costs down?
Let's take a closer look…
#1: Should you furnish your property or not?
Before you sta... ››› more
Investing in property is a great long-term investment option.
If you're looking for a way to squirrel money away for your retirement or you want to diversify your portfolio, investing in property could be the answer.
So what can you do to ensure you make the right decisions when it comes to picking a property?
Read on to uncover four tips to help you make that all-important decision…
... ››› more
Investing in property is one of the most sound, long-term investments you can make.
But if you're new to the property market, what's the best way to go about it?
How can you find the right property to rent out? What sort of costs are involved? And once you have your property, how do you go about renting it out?
To find out the answers to these questions and much more, read on…
In... ››› more
Have you decided to invest in rental property in order to generate a passive income each month? Being a landlord is not for everyone - you need to be prepared if you want to succeed in this business.
Before deciding which rental property to buy, you need to do your homework. There are certain aspects and factors to take into consideration before making a choice.
In order to choose a profitabl... ››› more
If you're looking for good investment opportunities, have you thought about putting your money into property?
There are a number of reasons why investing in property makes good financial sense. And you don't have to buy property yourself to benefit.
Let's take a closer look…
Why investing in property is a good idea
There is always a demand for property. People need somewhere to st... ››› more