In today’s episode of the Michael Yardney Podcast, I’m joined by independent financial advisor Stuart Wemyss, and we tackle the great debate in property investment – the significance of rental yields versus capital growth. Stuart’s insights, backed by years of experience and knowledge of Australia’s property market, guide us through this complex topic. We uncover…
If you’re like many Australians, you’re probably wondering what’s ahead for our property markets in 2024. Clearly, inflation will be with us longer and interest rates will remain higher than we were hoping for, so what does this mean for your property investment plans? Watch this special Masterclass as Dr. Andrew Wilson and I discuss:…
Here is a little nostalgia hit for you. The infographic below shows the most popular toys from 1963 – 2013. Take a look and see if you recognise a birthday present or two! Source: Abbey Ryan Design
I know many Aussie households are doing it tough at present but according to the latest figures released by the Australian Bureau of Statistics (ABS) household wealth rose for the fourth straight quarter (+2.3 per cent or $339 billion) in the September quarter 2023. Total household wealth was $15.3 trillion in the September quarter, which…
We live in a world of consumption, where people seek immediate gratification with the latest and greatest gadgets and products as soon as they hit the shelves. Think about Apple and the ridiculously long line of people who queue for their updated iPhones! When it comes to money management and becoming rich, though, patience and…
Property investment is certainly not rocket science and while you don’t have to be a genius to succeed in real estate, it never hurts to learn from great minds when trying to achieve great things. Renowned for his Theory of Relativity, Albert Einstein’s wisdom extends beyond the realm of physics. On today’s episode, I explored…
Have you ever considered that women might just be better property investors than men? This episode reveals some fascinating insights into how gender impacts decision-making in property investment. We also delve into the age-old question of whether money can buy happiness and explore the transformative power of good habits in achieving financial success. I’m joined…
Yes, it’s the beginning of another week so here are 20 great quotes to give you a little nudge and inspiration for your week: “The best time to plant a tree was 20 years ago. The second best time is now.” Chinese proverb “I attribute my success to this: I never gave or took any…
Nassim Nicholas Taleb became famous for his book The Black Swan which taught us to look out for the unexpected X-Factor. He also wrote The Bed of Procrustes, a collection of hundreds of “philosophical and practical aphorisms” – pithy one-line quotes full of meaning and importance. I’ve selected a number of these that struck me…
Australians are getting richer, despite rising interest rates and inflation. The ABS tells us the average net worth for all Australian households in 2019–20 was $1.04 million. Much of this wealth can be attributed to our Baby Boomers, who reaped the rewards of the significant property boom we experienced a few years ago and long-term…