If you’re not familiar with Charlie Munger, he was Vice Chairman of Warren Buffet’s Berkshire Hathaway. Munger is probably the most quotable investor of all time. Sometimes what he says is hilarious. Sometimes it’s serious. But it always gets you thinking. At the 2008 shareholder meeting, Charlie Munger criticized his physique, said ethanol was “one…
It’s no secret, that Australians love their coffee. But have you ever wondered what your coffee order says about you? How different is a cappuccino drinker from an espresso drinker? News.com.au spoke to Lavazza Australia Espresso Specialist John Kozsik about what Australians drink and what it says about them. Here is what he had to say: Cafe…
![[Podcast] Is the Property Party Over? The Future of Real Estate Values with Stuart Wemyss](https://cdn.propertyupdate.com.au/wp-content/uploads/2024/07/MY-podcast-573-Stuart-Wemyss-03-1-270x200.jpg)
The common rhetoric in the media is that property prices just can’t keep going up; they’re too expensive, and our children will never be able to afford to get into the housing market. Is this true? Is the property party over? I’m sure you’ve also heard it said that Baby Boomers like me had it…
![[Podcast] Mastering Investment Psychology: Secrets to Financial Success with Louise Bedford](https://cdn.propertyupdate.com.au/wp-content/uploads/2024/06/MY-podcast-575-Investor-psychology-with_Louise_Bedford-270x200.jpg)
While we regularly talk about property on this show, today we delve into the fascinating world of investment psychology with my good friend, Louise Bedford. If you’re not familiar with Louise, she is a leading expert in behavioural finance, a best-selling author, educator, and expert in trading psychology, and she is known for her ability…
Here are some interesting facts… The first car was invented in Germany in 1886 where there were no proper roads, no petrol stations, and it was against at the law. But Karl Benz launched it anyway. Amongst 50 of the greatest pieces of music ever created, six belong to Mozart, five are Beethoven’s, and three…
Property investing is not always easy. The market has its way of humbling us when we become overconfident. But next time you read something in the media that scares you or your tenant causes you to stress reflect on the insights in this list of real estate investment quotes to keep you motivated. “Ninety percent…
![[Podcast] Crisis or opportunity? Don’t let the Housing Market Headlines Confuse You, with Ken Raiss](https://cdn.propertyupdate.com.au/wp-content/uploads/2024/06/MY-podcast-582-Ken_Raiss-270x200.jpg)
Are you feeling a bit overwhelmed by all the conflicting information about Australia’s housing markets? Well, you’re not alone. A short while ago, Ken Raiss, director of Metropole Wealth Advisory, and I conducted a webinar, and even though there were well over 1,500 people registered for the webinar, I know the audience to this podcast…
Are we in an election year? Excuse me for being cynical, but each state seems to be bringing initiatives to help housing affordability. Don’t get me wrong… this is a good thing. However, when looking more closely at some of the initiatives, the numbers don’t really stack up. Build-to-rent scheme for essential NSW workers The…
![[Podcast] Mark Bouris on Building Wealth | Lessons from a Titan](https://cdn.propertyupdate.com.au/wp-content/uploads/2024/06/MY-podcast-574-with-Mark_Bouris-270x200.jpg)
I have a very special episode for you today, where you’ll hear Mark Bouris discuss what the Reserve Bank should think about when making interest rate decisions. You’re going to hear Mark Bouris explain how he keeps his wealth – and it’s not what you think. He’s also going to explain the real reason you…
The late Jim Rohn was a gifted storyteller with dynamic delivery and thought-provoking substance. His philosophy was an important influence on me as I was growing my wealth and business so today I’d like to share a collection of his quotes: 1. “To become financially independent you must turn part of your income into capital; turn…
