The concept of ‘living within your means’ used to be a simple way of life. In years gone by, credit cards and personal loans were much more difficult to obtain, so there was really no other option. Today, however, we live in a society that offers easy access to unsecured credit. With the average Australian…
It’s always fascinating to look forward a decade and imagine what Australia’s property markets might look like. Of course, we can’t predict the future with precision, but we can look at the big demographic, social and economic trends already in motion today. And when you connect the dots — population growth, the passing of wealth…
Australia is at the precipice of a monumental shift in property ownership, thanks in large part to an aging population. The Baby Boomer generation is aging, and with that will come a massive transfer of wealth. Bernard Salt wrote an insightful column in The Australian – “Get ready for Australia’s great home inheritance avalanche,” suggesting…
Today Ken Raiss and I zoom out from the noise, unpack what’s really going on beneath the surface, and help you make sense of the shifting forces shaping our economy, our property markets, and your long-term wealth. The RBA wrapped up the year with a steady hand, but the tone behind that decision has raised…
Back in early 2020, when we were told to “stay home,” none of us really knew what that meant for the long term. Would COVID change everything forever? Would cities empty out? Would we see a baby boom, a population collapse, or a permanent shift to remote work? Now, nearly six years later, we finally…
What has been the single greatest obstacle stopping you from becoming financially free? Why do I ask? Well… at the end of last year at a private client function I had the good fortune to have conversations with a number of our Wealth Retreat graduates. I was talking with them about their experiences since attending…
What if I told you the next 20 years will pass much faster than you think? And when they do, you’ll either be financially free or still wondering why others got there and you didn’t. The truth is that time is the most valuable, non-renewable asset we have. Yet too many Australians waste it reacting…
I like to think that I am mostly an optimistic person. I tend to believe things will work out. Impartial scientific analysis of the world over the last 5,000 years tends to support this thesis. I also believe that to be a good investor you have to be optimistic – you have to have an…
Over the past year we’ve been told affordability would cap prices, that demand would fade, that higher costs of living would finally slow housing down. And yet, here we are – national home prices finishing the year almost 10 per cent higher, with some capital cities recording extraordinary double-digit growth. So what really happened? In…
Let’s be honest – patience isn’t sexy anymore. We live in a world addicted to instant everything. TikTok’s taught us that if it takes more than 15 seconds, it’s boring. And if your investment doesn’t double in six months, apparently you’ve “missed the boom.” Scroll through social media and you’ll see 25-year-old “property gurus,” flashy…