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


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There’s a story that Henry Ford was having problems with a generator in one of his plants so he hired General Electric (GE) to fix the problem. The engineer from GE climbed up on the generator and made a chalk mark and told Ford’s people to replace sixteen windings from the field coil. The job…

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The goal for most investors is to accumulate enough wealth so your investment assets generate sufficient passive income to meet living expenses.  If this happens, it is no longer necessary for you to work for an income and you then have complete discretion over what you do with your time. Wouldn’t that be wonderful! However,…

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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…

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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…

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The location of your “great Australian dream” can dramatically alter your wealth building activities and as such, you must take this into account when developing your investment strategy. Homes are typically not purchased with the sole or dominant reason of building wealth as there are many non-financial, lifestyle factors that influence where we live. However,…