I’d like to share with you some of my thoughts on risk, and how it relates to your investment success because I believe that what most of us have been taught about risk is wrong. In fact, it’s probably holding you back from obtaining real wealth. If you are like most investors, somewhere along the…
![How much coffee is too much? [video]](https://cdn.propertyupdate.com.au/wp-content/uploads/2016/10/coffee3-Copy-270x200.jpg)
Ever wondered how coffee affects your brain? Apparently, Kaffa (coffee) was discovered in Western Ethiopia when a shepherd noticed his goats were more active after eating coffee beans. If like me, you like your coffee, you’ll enjoy this short (1.24 minute) humorous video explaining how it affects you.
I keep careful track of consumer confidence because it’s a good indicator of what’s ahead for our economy and property markets. And the latest ANZ-Roy Morgan Consumer Confidence report shows it increased 2.6pts to 83.9 this week after the Reserve Bank of Australia left interest rates unchanged. However, despite the improvement, looking longer-term the index…
Achieving financial freedom is a goal for most people. Unfortunately, the reality is that not that many people will achieve it. So what is financial freedom? There are lots of definitions but I like the one from T Harv Eker: “Financial freedom is simple: it is the ability to live the lifestyle you desire without…
![[Podcast] Demographics Decoded with Simon Kuestenmacher Unveiling the trends that will shape your future](https://cdn.propertyupdate.com.au/wp-content/uploads/2024/07/Demographic-trends-you-cant-ignore-with_Simon_Kuestenmacher-270x200.jpg)
Hi, and welcome to another episode of the Michael Yardney podcast. This is a very special episode because I’m introducing the new second podcast that I’ll deliver each week with leading demographer Simon Kuestenmacher. For the last four years, Simon has been one of this podcast’s most popular regular guests. Because we both believe the…
![[Podcast] Securing Their Future: Helping Your Kids Enter the Property Market, with Ken Raiss](https://propertyupdate.com.au/wp-content/uploads/2024/08/MY-podcast-591-Ken_Raiss-270x200.jpg)
Today, Ken Raiss, director of Metropole Wealth Advisory, joins me to discuss a topic close to the hearts of many parents. We’ll explore the various ways you can help your children enter the property market and secure their financial future. So, if you’re a parent looking to support your kids in buying their first property,…
One of the constants in life is change, however most of us don’t like change. Life, business, property investing or whatever is much easier if things are nice and predictable. But that’s not how things work – is it? So let’s look at 10 quotes about change: 1. “Waking up to who you are requires letting…
Have you wondered how many investment properties you would need to get the ultimate goal of financial freedom? I’ve found that while most property investors hope to one day replace their personal income with cash from their investment properties, most don’t have a strategy to achieve their goals. So, just how many properties does it…
As I get older and wiser, I think there is a real problem going on in the world today. I feel like so many people walk around with a general sense of entitlement and it’s so damaging. This truth might hurt, but the world doesn’t owe you anything. That might sound harsh, but accepting that…
Times are changing and we’re at the beginning of a new property cycle. Many of the housing markets around Australia have experienced consistent property growth over the last 7 months. But despite that, not all the property news all good and the many mixed messages in the media are causing some would-be investors to doubt…
