WEEKEND READS: Catch up on the most interesting articles I’ve read this week

read coffee note write

There are more interesting articles, commentaries and analyst reports on the Web every week than anyone could read in a month.

Each Saturday morning I like to share some of the ones I’ve read during the week.

So pour yourself a mug of strong brew and get ready for some weekend reading ….and please forward to your friends by clicking a social link buttons on the left.

How bubbles develop

Regular Property Update Blogger Pete Wargent explains a little more about bubbles in his blog.

He helps us to understand how bubbles and manias are created and might unfold in this neat chart which is not meant to be taken literally and is only intended to be indicative of possible outcomes, yet it does help to explain some of the emotions and events which can drive the phases of a mania.

wk 1

Can finance brokers really get a better deal? | How’s 2015 going to pan out for you? | When to use Title Insurance | Property selection in an oversupplied market

Another great Real Estate Talk show  produced by Kevin Turner. If you don’t already subscribe to this excellent weekly Internet based radio show do so now by clicking here.

  • Andrew Mirams answers a question “Can they really get a better deal in this environment?”
  • Michael Yardney shares a series of questions designed to help you evaluate and glean the lessons and meaning of the year so far
  • Here is a staggering stat for you… we’re going to have 4.3 million more households in Australia by 2036! How will that impact your property portfolio? Pete Wargent has been looking into this for us.
  • Conveyancing expert Garth Brown tells us about a little known gem called Title Insurance  that could save you in the future.
  • Michael Cooney from Hodges joins us to talk about how to sell a very unique property with limited interested buyers and Greville Pabst touches on the topic of how oversupply of apartments makes area selection critical.

You Would Have Never Believed It

Morgan Housel shares a list of things you would never have believed would happen at Fool.com  as a timely reminder for those of us who make predictions. Here are a few things you never would have believed if:

  • In the mid-1980s, someone told you that in the next two decades the Soviet Union would collapse, Japan’s economy would stagnate for 20 years, China would become a superpower, and North Dakota would be ground zero for global energy growth.
  • In 1930, someone told you there would be a surge in the birthrate from 1945 to 1965, creating a massive generation that would have all kinds of impacts on the economy and society.
  • In 2004, someone told you a website run by a 19-year-old college dropout on which you look at pictures of your friends would be worth nearly a quarter-trillion dollars in less than a decade. (Nice job, Facebook.)
  • 3 years ago, someone told you that Uber, an app connecting you with a stranger in a Honda Civic, would be worth almost as much as General Motors.
  • In 1997, someone told you that the biggest threat to Microsoft were two Stanford students working out of a garage on a search engine with an odd, misspelled name.
  • In 2008, as U.S. “peak oil” arguments were everywhere, that within six years America would be pumping more oil than Saudi Arabia.

But all of that stuff happened.

How many properties does the average investor own?

The Herald Sun recently ran an article about negative gearing which had some interesting statistics.  Nothing new here – most property investors never develop financial freedom because they don’t build a big enough asset base:

 wk 2

How much tax do the Obamas pay?

US President Barack Obama and wife Michelle paid more than $US93,000 ($A120,920) in federal taxes last year on an adjusted gross income of more than $US477,000.

Their effective tax rate was 19.6 per cent.

The Obamas lowered their 2014 tax bill by claiming nearly $US160,000 in itemised deductions, including $US70,712 in charitable donations to 33 different charities.

Altogether, they donated nearly 15 per cent of their income, according to tax returns released Friday by the White House.

7 Habits of Organised People

FastCompany listed seven things organized people do on a regular basis to stay on top of it all:

1. Organized people seek out tools

They find tools that can help them make the most of their day and they break down tasks into smaller chunks and take short non-work-related breaks in between, which increases their overall productivity.

2. Organized people set priorities

Instead of having an overwhelming number of commitments they have a clear sense of what’s important. And they review their plan throughout the day and adjust as necessary.”

3. Organized people have less stuff

[sam id=57 codes=’true’]

The golden rule of organization is to have as little as possible to organize.

4. Organized people choose simple solutions

When organizing systems are complex, they often go so organized people use simple tools that make an easy job of putting things away.

5. Organized people practice maintenance

Organized people will take a few moments each day to put things back in their proper places. They might archive an email, for example, or put away papers.

6. Organized people regularly purge

Situations change and formerly useful things become unnecessary, so they clear out their files when the drawer starts to get full, for example, and they toss the notes for the project that was canceled.

7. Organized people project themselves into the future

“They ask: ‘What could I do before, during, or after this appointment to improve it?’” she says. If they need to prepare for it, bring something to it, or follow up after it, they schedule it now and put it on their task list

Weekend video: ‪25 Most Popular Superstitions Around The World

Whether they are old wives tales, urban legends, or just scary stories every group has their share of them but these are the 25 most popular superstitions around the world.

Learn the meaning behind the Good luck horseshoe, Friday the 13th, Old, new, borrowed, blue, Black cats, bad luck and much more!

Blogs you may have missed this week:

If you didn’t have a chance to read my daily blog, here’s a list of some of the blogs you missed this week:

Decoding real estate jargon [infographic]

Property Investors: is being pet-unfriendly costing you money?

Houses or Units? The winner is…

10 things extraordinary people say every day

Here’s how I conduct my property investment research

How to Avoid Common Investor Mistakes – Not realising the importance of location

Want more of this type of information?


Michael is a director of Metropole Property Strategists who create wealth for their clients through independent, unbiased property advice and advocacy. He's been voted Australia's leading property investment adviser and his opinions are regularly featured in the media. Visit Metropole.com.au

'WEEKEND READS: Catch up on the most interesting articles I’ve read this week' have no comments

Be the first to comment this post!

Would you like to share your thoughts?

Your email address will not be published.



Michael's Daily Insights

Join Michael Yardney's inner circle of daily subscribers.

NOTE: this daily service is a different subscription to our weekly newsletter so...