Granted I'm six months behind on reading it, but surely this is the worst advice ever to be given to a prospective house buyer? I was shocked that any financial "adviser" would ever suggest investing in a fund to boost house deposit saving rate.
I quote:
"Using this method you could reach your target deposit six months to a year earlier than by using deposits. This assumes a gain of 6% p.a. on the investment fund chosen."
6% per annum AFTER a Life Company extracting its 2-3%, total pie in the sky.
It seems completely reckless to me. Any thoughts?!