What are your Investment Rules?

[Aaron]

Ok, it was INTRODUCED at 2 years and CHANGED to 5 years. Being too critical are we? All the people I know that bought real estate in Auckland 10-20 years ago have made bank. Not a single i've known bought with the intention to sell within 2 or 5 years. Instead they kept buying more houses and if you ask me, owning NZ real estate has turned out a very good strategy for retirement planning. As i've pointed out, there's a huge difference in tax treatment between those that choose to invest with ie Kiwi Saver vs those that bought Auckland properties.

Just thought I would help you get your facts straight. Too critical?? I don't think so, I just thought I would help you with your facts. Don't disagree regarding housing having been a better bet than Kiwisaver though.

To be fair I am not adding to the debate.