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.
The thing about success is that it’s much more than just blind luck. In fact, research shows that successful people in all fields generally have high levels of emotional intelligence. Emotional intelligence is the capability to recognise your own, and other people’s, emotions. The research, which tested more than a million people, also highlighted the things…
In today’s show we discuss why the rich seem to have fewer problems and how, while money doesn’t necessarily buy happiness, it certainly can create less unhappiness. Together with Tom Corley, the co-author of my best-selling book Rich Habits Poor Habits, we challenge some common misconceptions and dig deep into why financial stability can alleviate…
For more than a decade, inflation seemed like a forgotten relic, with prices around the world staying comfortably low. Measured as the year-on-year change in the price of a basket of goods, inflation was so subdued that many investors stopped worrying about its impact on their money’s purchasing power. The slow creep of price increases…
While it’s always advisable to have a will, not every will is created equally. Amateur wills are generally not worth the paper you’ve written them on, so you should always use a lawyer who specialises in the preparation of wills. Fundamentally, the transfer of assets held in your name (which are also called estate assets)…
Why do some suburbs seem to have properties that rarely come onto the market? Recent analysis from PropTrack, as shared by their Senior Economist Eleanor Creagh, sheds light on this phenomenon, revealing that in many suburbs across Australia, average hold periods are more than double the national average of about 10.5 years. This trend suggests…
An enterprising person is one who comes across a pile of scrap metal and sees the making of a wonderful sculpture. An enterprising person is one who drives through an old decrepit part of town and sees a new housing development. An enterprising person is one who sees opportunity in all areas of life. To…
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The latest Mortgage Insights report from Money.com.au sheds light on key trends in Australia’s home loan market, providing crucial insights for both seasoned investors and first-home buyers navigating these turbulent times. The average new loan size in Australia has risen by 8.8%, now sitting at $636,208, with investors seeing slightly higher figures at $648,998. While…
During my five years studying the rich and the poor I identified 10 hard truths about the wealth gap that no politician or member of the mainstream media would dare reveal. In those five years, I asked 361 rich and poor people 144 questions each. That’s 51,984 questions. I wanted to find out what each…
No one really wants to pay extra for a property purchase, do they? But there are situations where paying a premium makes good financial and investment sense. While you should never buy driven by your emotions, high-quality investment-grade property in an A-grade location, which you know will provide solid returns and robust capital growth, sometimes…
