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Articles by Pete Wargent

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Pete Wargent is a Chartered Accountant, Chartered Secretary and has a Financial Planning Diploma. He’s achieved financial freedom at the age of 33 - as detailed in his book ‘Get a Financial Grip – A Simple Plan for Financial Freedom’. Pete now manages his investment portfolio, travels and works as a consultant in the finance industry from time to time. Visit his blog


Royal Commission to squeeze mortgage lending
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Royal Commission to squeeze mortgage lending

The Housing Finance figures were released for February 2018 this week, reported as “housing finance falls in February” (Australian), “Falls felt for February” (Rate City), and so on. Interesting interpretations, given that housing finance was…well, up! Anyway, having allowed a few days to elapse, here are four thoughts. 1 — Loan sizes up One interesting thing…

How to build a great property team
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How to build a great property team

How do you choose a great property team around you? A fair few years have been swept under the bridge now since I studied Business Management, but with quite a bit of real world experience under my belt I thought it might be an opportune time to look at how you might go about building…

Royal Commission to squeeze mortgage lending
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Royal Commission to squeeze mortgage lending

Housing finance to slow  The Royal Commission into Banking is going to squeeze mortgage lending. The Housing Finance figures were released for February 2018 this week, reported as “Housing finance falls in February” (Australian), “Falls felt for February” (Rate City), and so on. Interesting interpretations, given that housing finance was…well, up! Anyway, having allowed a few days…

Is success due to skill or luck
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Is success due to skill or luck

I’ll never forget the first time I set foot in a casino as an unworldly teenager, as the mate I went with immediately won an improbable 35 to 1 payout on a single number bet.  I strongly suspected he had no idea what he was doing, but no matter, we were well fortified and so…

How not to go broke
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How not to go broke

I was having a yarn on Twitter this week with some smart finance types & recounted a Charlie Munger quote about there being only 3 ways to go broke: ‘Ladies, liquor, & leverage’.  Sidekick Warren Buffett quipped that Munger only added the first two because they begin with ‘L’, implying that that the only way…

Use the 40% rule to achieve more success
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Use the 40% rule to achieve more success

Life is a marathon, not a sprint I mentioned in one of my books that about a decade ago my wife and I decided to give up on socialising for six months to train for the Sydney Marathon. The idea was to save some money for a deposit on a Sydney flat, and to push…

What you see isn’t all there is
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What you see isn’t all there is

It’s always entertaining to regale European friends with tales of Australia’s deadliest flora & fauna, from giant stinging trees, brown snakes, and the lethal irukandji jellyfish, to salties, funnel-webs, and — if you’re feeling particularly vindictive — the vicious drop bears.  Shark bites are a favourite scare topic, but in reality such attacks are rare, and generally most…