Articles by Andrew Mirams

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Andrew is a leading finance strategist who holds a Diploma of Financial Planning (Financial Services). With over 27 years of experience in finance, Andrew has been acknowledged by the mortgage industry with multiple awards.Visit www.intuitivefinance.com.au


Is interest-only lending really that bad?
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Is interest-only lending really that bad?

When it comes to interest-only lending, there are a few factors that determine whether it’s a good or bad strategy for borrowers. First up, if your whole portfolio is interest-only, then at some point your repayments are going to switch to principal and interest. You just can’t have interest only forever and at some point,…

How to Finance your Property Development
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How to Finance your Property Development

More and more Australian property investors are moving into advanced strategies such as small property development as a way to grow their wealth. Of course, property development brings with it more potential financial rewards than traditional property investment, but it is not without it risks as well. There a number of factors that you must…

Plastic is not fantastic – here’s how to ditch it
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Plastic is not fantastic – here’s how to ditch it

Like your first kiss; car, job, love and heartbreak, chances are you’ll never forget your very first credit card. Not because of the dizzying high it gave, the sage wisdom it instilled or the thrilling sense of accomplishment you felt.  No, rather because I’m betting if you could go back in time and slap that…

What to do in tighter lending conditions
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What to do in tighter lending conditions

Housing finance is in the news more often than it’s not these days. One of the reasons is that as capital cities move through their respective cycles so does reporting on the property market. One day, strong market conditions were a bad thing, and then the next, softer prices are suddenly concerning.  This time around,…

Why your wealth must be insured
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Why your wealth must be insured

I want you to picture a big suitcase stuffed with $929,000 in cash. It’s all yours. That’s your wealth.  Now, I want you to imagine that suitcase is tied to a very thin piece of string, suspended high in the air, dangling over a raging torrent of water. It’s not a very secure arrangement, to…

How to get finance mate’s rates
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How to get finance mate’s rates

Not too long ago, savvy homeowners would’ve included their bank manager on their annual Christmas card lists. The name probably would’ve sat quite near the top. In fact, they might’ve even sent a present.  Maintaining a relationship with the person who ran your local branch was seen as being just as important as knowing an…

What you’ll have to cough up when you sell
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What you’ll have to cough up when you sell

When it comes to property investing, quite often there’s no reward — or usually no big reward in any case — without a little bit of risk. Similarly, there’s almost always no reward without a heavy dose of reality. And that reality comes in the form of the tax department. In the dizzying high of an investment…

Interest rate or cash flow: what is more important?
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Interest rate or cash flow: what is more important?

Are interest rates going up? The perennial question. To be honest, the ongoing talk of interest rates and the property bubble, people telling me how hard it is to get into property (as they sip their latte and eat their smashed avo), is tiring! But guess what? It sells newspapers, gets on media and gets…

Why everyone needs to take a chill pill
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Why everyone needs to take a chill pill

You know the market has turned when you start seeing headlines with words like “bust”, “crunch” and “plunge”. It was only 18 months ago when the words “boom”, “record highs” and “peak” were much more common. The thing is, there is no one market in Australia – not that most journos seem to understand that….

Why you should be wary of one stop shops
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Why you should be wary of one stop shops

Most people struggle to fit everything in to the time we have available to us each day.  In fact, there are plenty of inventions that have promised to give us more time with our families by automating or simplifying tasks and decision-making. Unfortunately, when it comes to finance, this mindset has resulted in the creation…