Protecting your hard-earned assets is increasingly becoming a common concern, especially with the increasing number of frivolous claims. For centuries people have used trusts to hold assets so as to protect them and to increase their flexibility. Protecting assets with a trust A trust is useful in this regard as the individual does not own…
It’s a common problem – how do you balance buying a home while selling the old one? If it’s your own home that you’re putting on the market, the stakes are even higher. You don’t want to be paying two mortgages, but you don’t want to be without a roof over your head either. In…
In Australia, Millennials born between 1981 and 1996, are shaping the housing landscape with their unique preferences. Today this cohort is between 28 and 43 years of age. There are over 5.84 million Millennials in Australia, and this generation is expected to grow by 108,250 people per annum over the next five years. If this…
Steve Jobs had Steve Wozniak. Warren Buffet had Charlie Munger. Larry Page had Sergey Brin. Some of the most successful people in the world owe their success to the partnerships they forged. Finding the perfect business partner is one of those fast tracts to success I love to talk about. In the case of a…
In a blog I wrote back in late 2018, I introduced the term liveinvesting. It’s inspired by the concept of rentvesting, where you rent a home in your desired location while investing in property elsewhere. Considering that property prices in certain capital cities like Melbourne are currently more affordable relative to other locations, it’s a good time to…
What do you look for when you go househunting? As the Spring selling season heats up, Domain has unveiled fresh data revealing the ‘priceless’ features that Australian families are prioritising when choosing a home. And it seems, forget the old bank of mum and dad; today, it’s all about the babysitting perks and family support…
The housing value league tables have evolved significantly over recent years. At the onset of COVID in March 2020, Sydney had the highest median dwelling value, followed by Melbourne, the ACT and Brisbane. Perth was ranked 7th in terms of median dwelling value, after Darwin with the lowest median, followed by Adelaide. Fast forward to…
If you’re apprehensive at the thought of borrowing six-figures (or more) to invest in property, you’re not alone. Here are six of the most common fears that trick people into not investing – and how to move past them.
I began my study of rich and successful people well over 40 years ago Of course, not all rich people are successful, and not all successful people are rich but remember I was much younger and more naïve then and wanted it all. I tried to understand why some people were rich while others kept…
The global debt stock hit a new record in the first quarter of 2024, increasing by $1.3 trillion in just three months. This deluge in borrowing is a widespread trend across economies. While the U.S. and Japan were the largest contributors across advanced economies, China, India, and Mexico drove the largest share in emerging markets….