Do you enjoy your coffee? I know I do, so I was pleased to read that moderate coffee consumption is linked to both mental and physical health. A study published in The British Medical Journal (Poole et al., 2017) shows that moderate coffee intake reduced depression risk and lower levels of Parkinson’s and dementia. I knew I was…
There are 11.1 million dwellings in Australia with a total value of around $10.3 trillion and at any time there are over one hundred thousand properties for sale. And now that the markets have moved to the next phase of the property cycle, strategic investors are back in the market actively purchasing properties knowing the…
![[Podcast] Only 4% of poor people become rich, why is it so hard? With Tom Corley](https://cdn.propertyupdate.com.au/wp-content/uploads/2024/06/MY-podcast-579-poor_become_rich-Tom_Corley-270x200.jpg)
Today we’re going to dive into the world of wealth creation and breaking the cycle of poverty. Joining me is Tom Corley, who’s dedicated his career to understanding the behaviours that separate the rich and the poor. According to Tom’s research, only 4% of people born into poverty become rich. Now, that’s a shocking statistic….
The size of the average new owner-occupier mortgage in Australia has hit a record high, as borrowers sign up for bigger debts than ever before. ABS lending indicator data for the month of May, shows the average new owner-occupier mortgage clocked in at $626,055, the highest level in ABS records. This is despite the fact…
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…
