There are 2,640 billionaires globally, with a total net worth of $12.2 trillion, according to the 37th annual Forbes list published in 2023. And Australia is home to 139 of them. The thing is, each of these billionaires – whether they rocketed to success due to property, the stock market, business or even mining -…
Some time ago I discovered the money secret that separates the wealthy and successful property investors from the average Australian. You see…I found out what the biggest obstacle was that stopped people from becoming wealthy. And I would like to share my findings with you today… For almost a quarter of a century, I have…
Sometimes good news is bad news. The good news about our unemployment figures and the number of new jobs created is, in some ways, bad news for those hoping for interest rates to drop. So what does the latest data mean for interest rates? How does the Reserve Bank even decide what to do with…
Do you think much about how you spend your time? Or does your day just seem to fly past filled with tasks and other people’s priorities? Controlled by others? I recently read an article by Sahil Bloom that discussed who we spend our time with over the course of our lives. The insights I got…
In today’s episode, I’m not holding back. I’m going to tell you some brutal truths about property investing. That includes some of the things that can go wrong. Some of the frustrations of being a property investor, and some of how slick marketing can lead you astray. Stick with me, though, because it’s not all…
Are you having a fence war with your neighbour? You’re not alone. Boundary fences are one of the major causes of property disputes between neighbours. So, do you know your rights when a new dividing fence needs to be put up between you and next door? And what happens if your neighbour suddenly announces he…
Morgan Housel wrote a great column at Fool.com many years ago where he explains that people usually get better at things over time, but there’s something about money that gets the better of us. It’s one of the only areas in life we seem to get progressively dumber at. He then outlined 77 Reasons You’re Awful…
To all the high achievers out there, here’s a question: When did you last pause to acknowledge that ‘good enough’ can be a victory too? If you’re anything like the many ambitious property investors and business people I encounter, you’re probably your own harshest critic. You chase the extraordinary and, in doing so, you often…
It is impossible to become rich with a negative mindset. Negativity puts the brakes on success and wealth accumulation. It acts as an anchor, dragging you down into the abyss of poverty and poor health. It is virtually impossible to become wealthy without a positive mental outlook. Why? Tom Corley accumulated a treasure trove of studies…
With many commentators forecasting what’s ahead for property in 2024, many are focusing on the times we’ve experienced over the last few years and trying and extract the lessons we’ve learned. Rather than do that, today I’d like to remind you of some of the foundational principles I use to grow my wealth. Let’s look…