In two days time the reserve bank will meet again and it seems the entire world agrees that they will reduce the Official Cash rate yet again.
Professional Investment Services (powered by Financial Gain) agree with this sentiment and would like to add that we believe the rate will come down by as much as 1%.
Already it has been evident that the banks expect this to happen as interest rates amongst nearly all of the banks have been reduced over the last couple of weeks.
A flurry of enquiries has been seen at Go Realty and Hot Property Investments and activity at Hot Properties has increased significantly. This is not unexpected and the large number of enquiries about whether to break a fixed rate or not, being received by LOANZ Limited is also not surprising.
2009 is going to be a very tough year for some businesses however it will also provide massive amounts of opportunities to the well informed and the educated.
Already massive profits are being made by people investing in oil, gold and property (really!!!) whilst the media focus largely on the doom and gloom message.
I agree with John Key and his call for less doom and gloom however I don’t think he is going to get what he is asking for.
Anyway get ready for fantastic opportunities by getting in touch with us. We can help you achieve your financial goals, no matter what they are, you just have to let us know what they are.
The main site for Professional Investment Services (powered by Financial Gain) is www.nzpis.com
Here you can learn a lot more about the various services we offer.
See you there and lets have a great 2009
Terry
