How to decide between investing in property, stocks or crypto

The type of asset class you should invest in comes down to your overall goals and strategy. The budget reforms to CGT don’t just affect property. Any type of asset will be subject to the removal of the 50 per cent CGT discount and the introduction of an indexation-based discount plus a minimum 30 per cent tax on gains from 1 July 2027. So, with negative gearing also restricted, what’s the best investment right now: stocks, crypto or property? What’s the best investment? Don’t ask a chatbot – ask the experts. CRYSTAL BALL GAZING The trouble with that question, says author of The One-Page Investing Plan, Scott Phillips, is that nobody knows the future. “Anyone who tells you exactly specifically which one is best and why will be using assumptions and those assumptions may be right or wrong,” Phillips says. With that in mind, each asset class has its own pros and cons to consider moving forward. MORE: Shock $2.1k missing from millions of savings accounts Highest paying ‘side hustle’ in Aus revealed When building wealth, it’s important to look further than just the tax advantages. STRATEGY VS TAX ADVANTAGE Most importantly, the asset needs to be in line with an investor’s overall goals ...