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.
Most of the time, well almost always, when you hear about a change in dwelling values, it reflects prices achieved at sale. Homeowners often misinterpret what this means to them. Many think, that if say, the median value of dwelling sales fell by say 5% over the past twelve months (for example), that their home…
A number of years ago one of my favourite columnists, Morgan Housel wrote a great piece 122 Things Everyone Should Know About Investing and the Economy Here are 25 great thoughts Saying “I’ll be greedy when others are fearful” is easier than actually doing it. When most people say they want to be a millionaire,…
Australia’s next Reserve Bank governor, Michele Bullock – the first woman in the job – will take office in September at a time when much of the bank’s work in fighting inflation will be done and its focus will be on changing the way it operates. She is already the deputy governor, having been appointed…
We all have 24 hours a day and how we spend them depends on the nature of our work, priorities and other commitments. A new study was published using time surveys and labour force surveys crunching the numbers and working out what the average human day looks like around the globe. Interestingly, the results show…
When was the last time you went on holiday? For some that may be a touchy subject, as many Aussies were restricted in their movements over the last few years But now that the borders have opened again and holidays are back on the agenda, I would suggest there will be a similar process involved…
Investors usually diversify their properties to minimise exposure to risk. But if we know exactly where and what properties to buy in order to secure the most profitable outcomes, we can safely put all our eggs in one basket. Many advisers say that putting all our eggs in one basket is a high-risk strategy. They…
Whether or not you personally give any weight to superstitions, it may pay to consider them if you are buying or selling a property. Generally speaking, westerners are not overly superstitious and males less so than females, but we do live in a multicultural society. Many immigrants bring their traditions and superstitions with them and…
Australia claims the title as the most popular destination in the world for high net worth individuals (HNWI) with more than $1.47 million (US$1 million) to invest. A new report shows 3,800 HNWIs moved to Australia in 2022, representing the biggest influx of any country worldwide. And the figures are set to be higher still…
There’s no right or wrong way to bring up your kids. I bet you’ve looked at some of your friend’s children and considered them spoilt brats. Well, research by Roy Morgan found children who have all the toys they want are more likely to grow up to want money, not happiness. The New Daily report…
There’s a lot of noise about building in the pipeline, and dwellings ‘under construction’, but of course many projects have been stalled, mothballed, or delayed, and every day there’s a news story about another developer or building firm facing insolvency (three more in the past two days). Overall, residential building activity, as measured in volume…
