admin-ajax.php

Articles by Stuart Wemyss

Avatar for Property Update

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


Avoid these types of properties like the plague
3

Avoid these types of properties like the plague

I’m sure you have seen the glossy ads espousing various benefits such as stamp duty savings, rental guarantees, discounts and incentives, state-of-the-art gyms, beautiful kitchen appliances, a concierge and the list goes on. I strongly believe that off-the-plan apartments do not make good investments. And I put new-build townhouses and houses in the same boat….

Numbers don’t lie! Advice can be verified
0

Numbers don’t lie! Advice can be verified

When you visit a financial advisor and receive advice, are they sharing their opinion or facts?  Many people think they are relying on a subjective opinion when they seek financial advice. The fact is that you don’t have to take this leap of faith. I can prove why a certain approach or strategy is the…

What is advice really worth?
0

What is advice really worth?

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…

Why is it wrong to invest for income?
0

Why is it wrong to invest for income?

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,…