Why are some people, be they property investors, business people or entrepreneurs, more successful than others? One of the key philosophies of my Mentorship Program is that successful people not only do different things from the average Australian, but they think very differently. So I was interested to find the following list of the habits…
![[Podcast] Pocketing Prosperity: Exploring Morgan Housel’s Wealth Wisdom Part 2](https://cdn.propertyupdate.com.au/wp-content/uploads/2024/02/MY-podcast-535-money_and_success-01-270x200.jpg)
Have you set big goals for yourself in investing or business in 2024? Is financial freedom part of your plan? Today’s show is a continuation of a two-part series where Mark Creedon and I explore 18 Wealth Lessons from Morgan Housel’s great book The Psychology of Money. Housel tells us about the principles of behavioural…
We’re in a New Year and everybody is planning how to be successful this year. So here are 9 of Morgan Housel’s best quotes for financial success to help kick start your finances: 1. More people wake up every morning wanting to solve problems than wake up looking to cause harm. But people who cause…
There are only two types of people – those who outlive their money and those who don’t. Of course, everyone wants to be in the latter group, but most Australians don’t fall into that category. I found that you need to do the hard things now so that you have an easier life later, however,…
It’s important to have rich children. There I said it. Now, before you tell me there are more important things in life, let me clarify what I mean. Rich children grow into adults who are wealthy, yes, but they’re also resilient, curious, independent and compassionate. Being rich is about wealth in all facets of our…
Over the years I have seen many people think about getting rich, proclaiming affirmations, visualizing and meditating yet they don’t get rich. Let’s be realistic… to get ahead in the real world you have to take action. Why is it that most people don’t take action? Sometimes it is a lack of knowledge, but more…
Demographics will always drive our property markets and because of their sheer size and stage in the life cycle, no generation will shape Australia more during the coming decade than millennials. According to leading demographer Simon Kuestenmacher, throughout the 2020s this generation of what he calls procrastinators will follow in the footsteps of every generation…
![[Podcast] 10 property forecasts for the next decade and 10 things that will stay the same With Brett Warren](https://cdn.propertyupdate.com.au/wp-content/uploads/2024/02/MY-podcast-533-Traits_of_successful_investors-Brett_Warren-270x200.jpg)
At the start of a new year, forecasters come out of hibernation with all of their predictions for what’s ahead of us. Property investors always want to know what’s going to happen in the future, but when you look at their predictions in the past, their track record leaves much to be desired. Should you…
Where do the wealthy live around the world? Let’s look at the world’s top 20 wealthiest cities ranked by High-Net-Worth Individual (HNWI): # City/Area Country HNWIs (USD 1m+) 10-years HNWI growth Centi-millionaires (USD 100m+) Billionaires (USD 1bn+) 1 New York City USA 340000 40 724 58 2 Tokyo Japan 290300 -5 250 14 3 The…
![[Podcast] 18 Wealth Lessons from “The Psychology of Money” by Morgan Housel with Mark Creedon](https://cdn.propertyupdate.com.au/wp-content/uploads/2024/02/MY-podcast-534-money_and_success-03-270x200.jpg)
Today’s show is aimed at helping you become a better investor, entrepreneur, or business person with the help of the wealth lessons in Morgan Housel’s book, The Psychology of Money. Rather than property or finance strategies, Housel’s book is about the principles of behavioural finance. Understanding the effects of psychology on investors and financial markets…
