In today’s show, Ken Raiss and I discuss the intricacies of wealth building and legacy planning. We explore the importance of careful planning to avoid common pitfalls, the role of trusts in estate planning, and the implications of superannuation on wealth transfer. The conversation also covers strategies for gifting wealth, the benefits of investment bonds,…
If you spend five minutes talking to a Gen Z, you could walk away feeling pretty gloomy. They’ll tell you the world is burning, wars are endless, work is meaningless, and of course, that housing is forever out of reach. And on the surface, they’ve got a point — affordability is at record lows, and…
If a picture paints a thousand words, then this collection of charts should do a pretty good job of painting the landscape as it affects our economy and our property markets. Each month the RBA summarises macroeconomic and financial market trends in Australia by providing a detailed chart pack. World Economy Australia’s economy doesn’t operate in…
The late Jim Rohn was a gifted storyteller with dynamic delivery and thought-provoking substance. His philosophy was an important influence on me, so here’s another collection of his quotes to infuse your week with some inspiration: 1. If someone is going down the wrong road, he doesn’t need the motivation to speed him up. What he needs…
Gambling has long been a favourite pastime for Aussies and according to a report from Gambling Statistics Australia, we spend an average of $1.9 billion on lotto every year. Of the 6.8 million Australians who like to take a punt, about 76% of them play the lottery. Who is buying all these tickets? When you do…
Most people spend their lives chasing happiness, reading countless books and blogs about how to find it. But here’s the irony: being unhappy is far easier. In fact, many of us have already mastered it without even realising. Happiness requires awareness, effort, and conscious choices. Unhappiness, on the other hand, thrives on neglect. It sneaks…
Let’s face it, we Aussies love a good whinge. We’ll complain about the cost of living, the price of housing, the traffic, our politicians, and even the weather if we run out of other options. It’s part of our cultural DNA, that casual cynicism that coexists with our dry humour and love of understatement. But…
You’re probably reading this blog because you want to become rich. But how much money do you need? A lot of research has gone into whether money does truly make you happy and it has been found that, in general, humans are never satisfied. We always think that if we had a little bit more…
Ever heard of the 1% rule in property investment? It sounds simple, even seductive. Buy a property where the monthly rent is at least 1% of the purchase price, and you’re set for positive cash flow. In theory, it’s a quick way to separate good investments from bad. While you may come across this a…
Let’s be honest — if our politicians really wanted housing to be affordable, it would be by now. They’ve had decades to fix it. There have been inquiries, commissions, roundtables, and billions thrown at so-called “affordability schemes.” And yet, what do we have? Record house prices, record rents, and a generation of young Aussies wondering…