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.
Did you know people fall into one of three groups? Let me explain… Martin Seligman is a psychologist at the University of Pennsylvania. In one of his studies on happiness, he found that people fall into one of three categories: 1. Pleasure Seekers These are individuals who seek happiness on a daily basis. People in…
Only a few months ago, there was talk about the hope of interest rates starting to fall by the middle of this year. Australia’s biggest bank in CBA suggested there could be six cuts in interest rates over the next two years. And then things changed, inflation remained more stubborn and the economy grew strongly…
Australia’s $48 billion education industry, our fourth-largest export sector, is about to take a significant hit, and it’s all tied to three main reasons: inflation, housing pressures, and the upcoming election. You see…despite 13 interest rate hikes, one of the key drivers keeping inflation high is the influx of people arriving in Australia—either as permanent…
The “latte line” is the infamous, invisible boundary that divides Sydney between the more affluent north-east and the south-west. Historically, people north of the line enjoy better access to jobs and education and can capitalise on rising property wealth. This has reinforced economic inequality. Despite our image as a classless society, similar spatial divides have…
If you ask me, one of the many overused words in property is “bargain.” For novice home buyers and investors, sure, price is important. However, what they don’t recognise are the inherent risks of buying a secondary property. With our property market moving forward around Australia, many buyers are looking to find that rare bargain….
How many times have you driven past a property and said to yourself, “If only I had bought that property when it was for sale five years ago? Who wouldn’t have bought more properties 10 years ago if they knew they would have doubled in value as many well-located real estate have done over the…
We all have an inner voice that oscillates between cheerleading and criticism. When it cheers us on, it’s fantastic. That positivity fuels our drive for success. But when it turns critical, it can be downright destructive. It whispers doubts, holds us back from risks, and paralyzes us with fear. And what’s worse, sometimes we don’t…
In a world where a staggering 75% of will contests are successful, it’s clear that the final wishes enshrined in one’s will are not as final as they may seem. This rate of success tempts more family members to seek a greater slice of the inheritance pie. Legal actions for a share – or bigger…
Make sure to ‘die with zero’ for optimal happiness – that’s the idea behind Bill Perkins book – Die with Zero. In short, Perkins wants to rescue you from over-saving and under-living. So let’s dive into a challenging yet enlightening perspective on retirement, personal finance, and life priorities, inspired by Simon Kuestenmacher’s article in The…
Robert Kiyosaki’s Rich Dad real estate blog carried a great article giving some ideas about how to escape the rat race and develop financial freedom. While this was written some time ago and as you read them you may initially be surprised by the advice. On the other hand, if you’ve been following my philosophy of…
