Michael has been once again voted Australia’s leading property investment advisor by the readers of ‘Your Investment Property Magazine’, but he’s not a theorist… He has been successfully investing in property since 1971 and is a leading property commentator and Australia’s most widely read property investment blogger. Join over 115,000 others who get their updates from Michael and his group of expert guest bloggers and benefit from their perspective.
The right of everyone to have a say in development is at the heart of modern urban planning. But as homes become ever more expensive, questions are being asked about whether it is OK to oppose housing developments in cities. Battlelines are being drawn between so-called NIMBYs – people who say “Not In My Backyard”…
![The Price of a Big Mac Across the World [Infographic]](https://cdn.propertyupdate.com.au/wp-content/uploads/2019/04/save-money-270x200.jpg)
What can a Big Mac tell us about currency rates? As it turns out, quite a lot. The Big Mac Index, created by The Economist in 1986, started as a simple tool to make currency theory more digestible. Now, it’s a widely-known measure in popular economics to assess and compare currency valuations. In short, the Big…
Understanding the key demographic trends is essential for making informed investment and financial decisions as an investor, business owner, or entrepreneur. By examining these trends, we can better prepare for the future and capitalise on emerging opportunities. In the first episode of the Demographics Decoded Podcast, leading demographer Simon Kuestenmacher and I delved into some…
Is there one overriding secret to success? I’ve spent the better part of 16 years interviewing/studying rich people and poor people. As a result, I’ve accumulated an enormous amount of research data. I’ve shared a good amount of my research with tens of millions around the globe, thanks to my friends in the media and…
When it comes to investment, we’ve all heard about the concept of compound growth. It’s the powerful snowballing effect caused by growth upon growth. It’s the ability for money to grow in value by ever-increasing multiples of itself, which, over time continually gets larger and larger. Thanks to the power of compound interest, for example,…
The world’s most liveable cities have been revealed for 2024, with two Australian cities making the top 10. The Economist Intelligence Unit (EIU) has released its Global Liveability Index 2024 – which ranked Melbourne in 4th place (down from 3rd place in 2023) and Sydney in 7th place (down from 4th place last year). The…
I’ve been at this Rich Habits thing for 17 years now. I’ve written extensively about the habits parents need to instil in their children for them to grow up to be happy and successful in life. An easy measure of success is money, so you can’t dance around the reality that realising success also means,…
I’d like to share with you some of my thoughts on risk, and how it relates to your investment success because I believe that what most of us have been taught about risk is wrong. In fact, it’s probably holding you back from obtaining real wealth. If you are like most investors, somewhere along the…
Working from home (WFH) is a type of flexible working arrangement that allows an employee to work from a remote location outside of corporate offices. Before COVID-19, just 13 per cent of people aged over 18 with a job reported WFH all or most days. Since the pandemic, however, this trend has shifted significantly. According…
![How much coffee is too much? [video]](https://cdn.propertyupdate.com.au/wp-content/uploads/2016/10/coffee3-Copy-270x200.jpg)
Ever wondered how coffee affects your brain? Apparently, Kaffa (coffee) was discovered in Western Ethiopia when a shepherd noticed his goats were more active after eating coffee beans. If like me, you like your coffee, you’ll enjoy this short (1.24 minute) humorous video explaining how it affects you.
