Successful property investment generally involves holding quality assets for the long term, allowing compounding capital growth to work in your favour. However, there will be times when selling makes sense. Perhaps you have outgrown your current home, or the children have moved out and you are ready to downsize. Or you may also own an…
Here’s a group of quotes that should inspire and motivate you in the week ahead. Enjoy… 1. “What the mind of man can conceive and believe, it can achieve.” — Napoleon Hill 2. “A champion is afraid of losing. Everyone else is afraid of winning.” — Billie Jean King 4. “If you live long enough,…
Australians have never been wealthier, healthier or more comfortable. We live longer, travel farther and have instant access to information, entertainment and conveniences that previous generations could scarcely have imagined. Our homes are larger, our cars are safer, our food choices are broader and technology allows us to communicate with almost anyone in the world…
If you could step back into Australia in 1981, you would recognise the country, but much of everyday life would feel surprisingly foreign. Australia was younger, smaller, less diverse and more traditional. Families were larger, manufacturing played a much bigger role in employment, overseas travel was a luxury, and the typical worker was more likely…
Would you like a Cash Machine? Imagine flicking a switch in the morning and having it churn out money all day while you get on with the things you love doing. Building a cash machine gives you the freedom to take your hands off the wheel, live comfortably, and pass wealth on to the next…
Over the past two decades, I’ve advised hundreds of property investors at every stage of their wealth journey. Some were purchasing their first investment property, while others already had substantial portfolios and were seeking a clearer strategy to move to the next level. I’ve also worked with investors who owned several properties but found that…
Australia’s current housing downturn has ended the recent run of record resale results, with the share of profitable sales falling from a 21-year high and the median gain retreating from its March peak. Cotality’s latest Pain & Gain report analysed more than 94,000 residential resales in the June quarter, finding 95.4% delivered a nominal profit,…
Buying a property can be an exciting experience, and it is easy for emotions to take over when you find a home or investment that seems to tick all the right boxes. However, successful property investment should be approached differently from buying a home to live in because investors need to remain objective and make…
Smart investors still make expensive mistakes, and surprisingly often, the problem begins inside their own heads. We like to believe that our investment decisions are based on facts, careful analysis and rational judgment. Yet cognitive biases quietly shape which facts we notice, which risks we dismiss and which stories we choose to believe. They encourage…
For generations, Australians have responded to housing affordability pressures in a predictable way – when the home they wanted became too expensive, they moved further from the city. But something important is changing. Australia’s affordability problem has become so entrenched that many buyers are making a different compromise. Rather than simply changing where they live, they…
