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He has probably educated more successful Australian property investors than anyone else, but he’s not a theorist…He has been successfully investing in property since 1971, is a leading property commentator and Australia’s most widely read property investment blogger.
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Many people blame a lack of available money in their bank account for their financial problems. It makes sense, doesn’t it? Money is the fundamental component of material wealth. But, the lack of money is not the problem. It’s merely the manifestation of a number of bad habits and bad beliefs that hold people back…
![[Podcast] Inheritance strategies to make your children richer with Ken Raiss](https://cdn.propertyupdate.com.au/wp-content/uploads/2024/07/MY-podcast-577-Ken_Raiss-270x200.jpg)
In today’s show, Ken Raiss and I will discuss inheritance strategies to help make your children richer. Whether you’ve already built substantial wealth or are just starting your financial journey, it’s never too early or too late to start thinking about how to pass on your wealth to the next generation. Today Ken shares his…
Do you believe in luck? Interestingly many of those who have been unsuccessful in life believe that wealthy successful property investors “got lucky”. You know…they entered the market when prices were cheaper, or finance was easier, or maybe the market did all the hard work for them. I guess that’s because it makes them feel…
![[Podcast] Navigating our Property Markets | Big Picture Podcast with Pete Wargent](https://cdn.propertyupdate.com.au/wp-content/uploads/2024/07/MY-podcast-586-Big-Picture-Podcast-Pete_Wargent-270x200.jpg)
Welcome to another Big Picture episode of the Michael Yardney podcast, where I chat with leading financial commentator Pete Wargent. Since our last chat, a lot’s happened, including rising inflation causing embarrassment to the Reserve Bank, with some commentators now speculating interest rates will rise again. As usual, there are clues in the news as…
It’s official: Australia’s rich are getting richer and there’s no such luck for those on the other end. But, the rich can’t keep getting richer than the average Australian forever – can they? Well…Australia has long been thought of as the land of the middle class, but when comparing the upper, middle, and lower rungs…
There are a plethora of books and blogs out there on success. And I regularly write about success for you on this site. But how about looking at it from the other side of the ledger? What are some of the common traits of failure that you can learn from to succeed? 1. Hanging with…
![[Podcast] Governments passing the buck for the housing crisis, blaming property investors, with Nicola McDougall](https://cdn.propertyupdate.com.au/wp-content/uploads/2024/07/MY-podcast-581-Rental_crisis-Nicola-McDougall-1-270x200.jpg)
For years, the dream of homeownership has seemed increasingly out of reach for many. But what of those who can’t even afford to rent Social Housing? Waiting lists are overflowing and the number of available dwellings just needs to catch up. Today Nicola McDougall, chair of the Property Investment Professionals of Australia (PIPA) joins me…
![[Podcast] Property Investors are Fleeing the Melbourne Market, with Mike Mortlock](https://cdn.propertyupdate.com.au/wp-content/uploads/2024/06/MY-Podcast-580_Investors-exiting-the-market-with-Mike-Mortlock-270x200.jpg)
Today, I look into an issue that’s causing ripples across the Victorian rental market and beyond. It’s the exodus of landlords. Joining me today is Mike Mortlock, Managing Director of MCG Quantity Surveyors, who recently wrote a detailed report about this. Not surprisingly, the problem isn’t just confined to Victoria. In general, many property investors…
The new year is a neatly appropriate time to start something great. Of course, no greatness comes without hard work, so why not set up your mind and take a look at some wise hard work motivational quotes for work? These quotes have helped many and they will definitely lighten up your mood and direct…
There will be a 21 per cent jump in the number of millionaires in Australia over the next four years, mirroring a trend in developed and developing nations, according to the latest UBS Global Wealth Report. The number of adults worth $US1 million ($1.48 million) or more is expected to grow in 52 out of…
