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Articles by Stuart Wemyss

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Stuart was a Chartered Accountant before establishing mortgage broking firm ProSolution Private Clients. He has authored two books and shares his experience with readers of Property Update. Visit www.prosolution.com.au


Save tax through successful loan structuring
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Save tax through successful loan structuring

How you structure your loans can have a big impact on the tax you pay, your risk, your ability to build wealth, your cash flow and your general financial strength. Efficient loan structuring is a commonly overlooked and rarely understood topic but that’s not to say it’s overly complex. Like anything, you don’t know what…

Is the financial services Royal Commission good or bad news?
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Is the financial services Royal Commission good or bad news?

Late last year the Prime Minister announced that the “Government will establish a Royal Commission into the alleged misconduct of Australia’s banks and other financial services entities”. You might think this is good news, but I expect that this will be yet another waste of taxpayers’ money (and time). The role of banks has changed…

Never save money for the future
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Never save money for the future

Many people don’t like to save for the future because they think it’s painful. Saving means they have to do without. Conversely, spending today is fun and enjoyable.  Buying a new gadget, a new pair of shoes, dinner at a fancy restaurant, some wine (well, I regard wine as more of an investment). These things…

Passive investing involves more than just buying an index fund
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Passive investing involves more than just buying an index fund

Over two years ago I wrote this blog which espoused the benefits of passive investing. According to Morningstar, in the 2016 calendar year, $340 billion flowed out (net) of active funds management in the US.  By comparison, over the same period, $500 billion flowed into passive funds (net). This overwhelmingly demonstrates that investors are voting with their feet…

Money is an empty victory
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Money is an empty victory

What drives you to build wealth? If I deposited $10 million in your bank account today, what would you do differently tomorrow? Do you think money will solve any (or all) of your “problems” and/or fulfil all your dreams?  The answers to these questions will reveal how you think about money. And how you think…