I remember several years back, there was a computer game called SimCity that allowed players to build civilizations from the ground up. As a player, you could build roads, water supplies, and industrial precincts as your city grew, and this would then attract workers whose taxes would allow you to continue to build your civilization,…
There is nothing wrong with making a mistake. We all stumble and fall now and again, yet the property market is full of people who’ve inched their way to the top after many setbacks. In fact, failure is an important part of life and essential to growth —both individually as a person and as an…
There are now a number of property commentators suggesting we are near the bottom of this property cycle, and as you’ll hear in my chat with Dr. Andrew Wilson in today’s podcast for two months in a row, he has found house asking prices are holding steady or rising. Asking prices are a leading indicator…
Superannuation, or ‘super’, aims to help keep us financially secure when we move into a post-work lifestyle and has been a crucial part of Australian lives for more than 100 years. While most Australians have their superannuation in industry funds, more and more Australians are looking at setting up their own self-managed super fund. In…
I know inflation is probably on your mind. In fact, it has a lot of property investors and homeowners worried. And I can understand why. Most Aussies have never experienced rising inflation or periods or rising interest rates. But it may be worth taking solace in the fact that Australia has avoided the worst of…
I’ve often said that property investment is a game of finance with some houses thrown in the middle. But currently, more and more investors and homeowners are having difficulty getting finance in the rising interest rate environment. So, what should you do? What type of finance strategy should you have to prepare yourself for what’s…
What does it take to become rich? Well…my good friend Tom Corley has made this the focus of his 5-year study and together we’ve documented it in our book Rich Habits Poor Habits. Not surprisingly today’s infographic from StocksToTrade.com shows a similar set of habits shared by millionaires. Many of these habits are not particularly glamorous but…
We know that there is a dire housing shortage around Australia, not just for rental accommodation, but for people needing social housing, affordable housing, and for people wanting to live in desirable locations around Australia. And this is only going to get worse with our borders now open to skilled migrants and international students. So,…
Warren Buffett is an American business magnate, investor and philanthropist. He is regarded as the most successful investor of the current era, so we can certainly learn a lot from him. Here’s 10 wonderful life lessons from Warren Buffett: 1. It is better to hang out with people better than you. Pick out associates whose behaviour…
Today’s show is one of our popular question-and-answer sessions. But this is one with a difference. I guess it’s more like a speed-dating session. Not that I’ve ever had a speed dating session. But today’s show is the audio of a Zoom meeting I had with a small group of clients and prospective clients of…