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.
Your money habits can make you rich or put you in a poor house. According to a recent study by Brown University, in which nearly 50,000 families were surveyed, most of the habits we pick up in life come from our parents (Brown Study). This includes money habits. If your parents had bad money habits…
It’s the time of the year when many of us are looking back at 2023 to see what’s ahead for our housing markets in 2024. I was recently interviewed by Aaron Christie-David of Atelier Wealth for his Australian Property Investment Podcast. We had such a great discussion I asked Aaron if I could replay this…
If you’ve been following my blogs you’ll know I believe true wealth has nothing to do with how many properties you own or how much money you have – it’s what you’re left with after you take all that away – your family, your friends, your health, your spirituality your contribution to society. But…
Want to know which are the world’s most expensive cities? Well…the Economist Intelligence Unit (EIU) has recently published its Worldwide Cost of Living Index for 2023. And believe it or not, there was no Australian city near the top of the list. Singapore and Zurich jointly top the ranking as the most expensive cities in the…
Do you know what statistical fallacies are? Well, these are common tricks data can play on you, which lead to mistakes in data interpretation and analysis. Here are some of the most common examples and how you can avoid them: Cherry picking This is the practice of selecting results that fit your claim and excluding…
Did you read, listen, or watch the news in the last year? But they shouldn’t. Because — repeat after me — you can’t do anything about any of them. Go on a media fast These events, and others like them, are completely out of our individual control. However, that won’t stop the 24/7 news channels…
Over the 5 decades I have been involved in real estate I have had the privilege of working with many successful property investors. In that time I have seen some who I thought smarter than I fall by the wayside when their decisions proved to be wrong and I have carefully observed those who have…
No one likes to talk about death but it is a fact of life. The problem is that by not talking about it, many people never get around to preparing for it either. A common saying is that there are only two certainties in life – death and taxes – yet we generally prepare for…
Feeling stressed yet? Last year was a challenging year wasn’t it, I guess everyone is stressed in one way or another and this year will have more than its fair share of challenges. It is more or less impossible not to experience bouts of stress at some time. The difference between those who are successful…
We all belong to one – a demographic tribe, that is. In fact, Australia is one big country of many tribes. If you don’t belong to the one, you don’t survive. Some are easy to find: it might be your footy team or where you work, the way you vote, or the way you dress….
