Ken is director of Metropole Wealth Advisory and gives strategic expert advice to property investors, professionals and business owners. He is in a unique position to blend his skills of accounting, wealth advisory, property investing, financial planning and small business. View his articles
Australia is an entrepreneurial country of more than two million small businesses. Perhaps it’s our “give it a go” attitude that sees so many of us decide to take control of our financial futures. Of course, without small businesses, our economy wouldn’t exist given some 97 per cent of all businesses are classified as ones…
With an aging population and ever-decreasing government resources, Australians are looking at being less reliant on the social security safety net and planning personal strategies to give themselves comfortable financial security in later years. Given the vagaries of the stock market, investing in property is being recognised as a less risky way of owning a…
Today it’s common for couples to purchase a property before they’ve walked down the aisle or even lived together. Naturally, they assume they’ll be together forever, and don’t put a lot of research into the long-term consequences of how their ownership should be structured. So to help better understand this, let’s take a look at…
Self-managed super funds (SMSFs) have soared in popularity over the past decade, primarily because Aussies are keen to control their financial futures and in part, because for some an SMSF is a great vehicle to purchase property to help grow your retirement wealth position when you’ve run out of borrowing capacity in your own name….
Many of the property investors I speak with are often confused about the differences between Line of Credit facilities and Offset Accounts. Understanding how these two types of loan-related products can function will help determine the best fit for your property investment strategy. What is a Line of Credit? A Line of Credit (often abbreviated to ‘LOC’) is a…
Sophisticated investors understand their portfolios are the equivalent of income-producing businesses and wealth-creation vehicles. What I mean is they don’t adopt a set-and-forget attitude, and then naively hope that it all works out in their financial favor… someday! Rather, just like business owners, they make sure they have the necessary insurance in place to protect…
Q: I am a dual-national Australian citizen living and working in the UK. I was born in the UK, am Australian by descent and recently returned to the UK after nine years and nine months living in Sydney. I sold my principal place of residence in Sydney to purchase a new principal place of residence in…
It’s a sad reality that our society seems to be more litigious than in years gone by. Thankfully, we’re not in the same parlous state as America, but there is a greater chance than before that you could become involved in legal proceedings that threaten your wealth creation efforts. While that might seem like a…
Who doesn’t love their children? We often quickly think of passing our assets to our kids on death. But do we really know who will actually receive them? This is a modern-day conundrum. We don’t know when we are going to die, and as such, do not know our children’s circumstances at that time. They…
Property investment is one of the best wealth-creation strategies out there. In part, because it has a long history of solid performance, so is therefore relatively low risk. It’s important to understand, however, that it is not completely without risk. That’s because every investment opportunity has an element of risk. The trick is to manage…
