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.
Are you eager to create a greater level of wealth? I know a lot of people are reflecting on their personal situations during these times of change and are looking to improve their circumstances. While thoughts are important, the more difficult part becomes how and where to start. I have focussed on 3 key factors…
Are you hoping to be a better investor, businessperson, or entrepreneur? Well, today’s show is for you because we discussed the concept of behavioural finance, which is the study of the effects of psychology on investors and financial markets. But don’t worry, it’s not woo-woo stuff, and it’s not technical. Instead, I share several quotes…
Property investors are getting ready to take advantage of our housing markets in 2024. The value of total new investor loan commitments rose 1.9 per cent in November and was 18.0 per cent higher compared to a year ago. The value of new owner-occupier loan commitments for dwellings rose 10.1 per cent through the year…
There are two types of experts in the world: real experts, and fake ones. The real experts are the people who spend many years refining their knowledge and skill set in a particular area and becoming masters of pattern recognition. But all too often, they end up toiling away in relative obscurity and poverty, neither…
In an interesting twist on rental affordability, recent PropTrack data reveals that renting a house in Melbourne or Hobart is now less expensive than in Adelaide. Adelaide’s house rents have surged by $60 weekly over the past year, now sitting at a median of $560 per week. This represents a 1.8% increase over the last…
Many people face two financial planning challenges. Firstly, their projected super balance may not be enough to fund their desired living expenses in retirement. Secondly, they would like to enjoy the flexibility of being able to reduce working hours (or even retire in full) in their 50s. Often, the solution to these two financial planning…
I’ve got a lot of hard proprietary data on why the rich are rich and why the poor are poor. Some of the research I’ve gathered centres around the decision-making process of self-made millionaires. What I found is that self-made millionaires don’t make rash decisions. They often mull their decisions over, sometimes for weeks or…
As the Australian property market continues to defy expectations, financial analyst Pete Wargent joins me to unravel the complexities of its current landscape. Being the first Big Picture Podcast for the new year, I want to look at the clues in the news for what’s ahead for our economy and our housing markets in 2024….
Australia’s population grew by 2.4 per cent in the year to 30 June 2023, according to the figures released by the Australian Bureau of Statistics (ABS) at the end of last year. On 30 June 2023, our population was 26.6 million people, an increase of 624,100 people over the year. Putting that in perspective it’s…
Choosing the right investment property is only part of the equation when you’re trying to build your wealth. Managing that property is the flip side of that coin and it really is a whole other ball game. As a landlord, you will need to keep up-to-date on maintenance, financials and the real estate market in…
