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.
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…
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….
Australians seem to keen to hold on to their cash, ready for a rainy day and managed to stash more than $10 billion extra in the bank in the month of November alone. The latest APRA data shows household deposits continue to climb, with Aussies stashing an extra $10.5 billion in the bank in the…
You’re feeling swamped. You don’t know if you can get all of your work done. You have a million people demanding your time. Sound familiar? I write a lot about the importance of mental toughness, hard work and resilience. But just as important as stamina and a strong work ethic is realizing when something’s got…
Are you looking at getting investment advice this year? How do you know who to ask? How do you know who to choose how to choose a property advisor, how do you know how to choose a buyers’ agent? These are some of the questions we answer in today’s Q&A episode the first in the…
