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.
The weekend will be over before you know it, so enjoy some weekend reading…and please forward to your friends by clicking the social link buttons.
A majority of Australians are keen to invest in property
Despite price rises, uncertain economical periods and household dept – Australians are still keen on investing in property.
According to an article for the The Herald Sun Austrians still turn to properties when it comes to building their wealth an setting themselves up for the future.
The continuous growth in the nation’s property prices hasn’t deterred potential investors with two in three Australians aspiring to own an investment property.
Latest Galaxy research compiled on behalf of lender State Custodians Home Loans found 65 per cent of people want to become property investors and most (34 per cent) say it’s because they believe it’s the best way to build wealth.
The other key driver to buy an investment property is the fear of not having enough super in retirement (26 per cent).
But Home Loan Experts managing director Otto Dargan says there are many things to consider before rushing in and trying to chase the high growth rates that property has experienced in recent years.
“Be cautious of new properties, we see some investors chase the higher depreciation of properties sold off the plan,’’ he says.
“However a lot of them end up being valued for less than the purchase price so it pays to do your research carefully.”
Read the full article here
Triggers that will cause the market to crash + There is a time hold and a time to fold
Another great Real Estate Talk show produced by Kevin Turner.
Michael Yardney discusses the 8 things that needs to happen in the economy to cause dwelling prices to fall significantly.
Ed Chan answers a question from a listenerabout what entity she should use to buy a property.
Peter Mastroianni discusses his new book “The Property Investor’s Buyers Guide”.
Shannon Davis tells us about his philosophy, how he started, why he wasn’t content to be an outsider but wanted to actively influence the industry. He has done that and a lot more as you will hear.
Michael Wood talk about his new product called BondSure which links the option of funding a rental bond, rather than paying it upfront.
If you don’t already subscribe to this excellent weekly internet based radio show do so now by clicking here.
Fire it up! (Shorts burned again)
We are faced daily with mixed headlines concerning immigration, our economy an the stat of the GDP.
Pretty good effort
Lots of talk and misinformation on my Twitter feed and elsewhere about immigration directly causing ‘falling’ wealth in Australia, when in fact real GDP per capita is at record highs.
Talk about spin, S. K. Warne would be proud of that one!
All things considered, Australia’s real GDP growth performed remarkably well through the global financial crisis, so I’m not really sure why people are trying to claim otherwise (what am I saying? Of course I am).
It’s true that national income did take a bit of a hit after an extraordinarily strong 17-year run.
And yet, some of Australia’s key commodity prices have lately been staging a monumental fightback, and real national income looks like a nailed on certainty to surge to new record highs at some point over the next few quarters.
Read the full article here
7 smart things to do with your tax return
What is the first thing you do when you get your tax return?
Book a holiday? Go on a shopping spree?
Whilst it all sounds lovely, is it the best way to use your return?
An article on smartpropertyinvestment.com.au has put together a list of wiser choices to invest your extra dollars into.
It is estimated that more than 70 per cent of Australians receive a tax return each year, and the average return has historically been in excess of $2,000, which is a decent chunk of money!
So what will you do with yours?
If you are one of the lucky ones to receive a tax return this year, remember that it is part of your hard-earned money and should be treated the same as the rest of your salary or income and allocated to something useful.
Don’t treat it as a windfall or a bonus and blow it on something unnecessary or extravagant (as tempting as it might be).
Be smart this year and use your tax return to build your own financial security.
Here are a few tips to help you use it wisely:
1. Pay off high-interest debt
2. Invest it
3. Pay off your home loan
4. Put it in your mortgage offset account
5. Start an interest-bearing savings account
6. Add it to your super
7. Make improvements to your investment property
Click here for the full article
7 Productivity hacks you can do right in the office
Do you start lacking productivity around 3:30 in the afternoon?
Are Mondays a constant struggle to get your brain going?
If this answer is yes, this article from The Huffington Post has the cure for you.
Some days, getting things done comes easily.
Other days, being productive is a struggle.
If this describes you, you’re hardly alone: According to a Gallup poll, only 32 percent of American workers were considered “engaged” in their jobs in 2015.
That’s not only detrimental for workplace performance, both for the employee too.
Feeling unproductive often goes hand in hand with low job satisfaction and unhappiness in the workplace.
Luckily, there’s an antidote.
If you want to be productive and feel fulfilled in your work, there are ways to combat those dreadfully lazy days when it feels like nothing can get you moving.
Below are seven tips to get more out of your work day ― and you won’t even have to leave the office:
1. Make a to-do list ― but do it right.
2. Grab a (healthy) snack.
3. Embrace a minimalist workspace
4. Coffee, coffee, coffee
5. Force yourself to take a break
6. Take a nap
7. Get up and talk to people
Click here for the full article