Warren Buffett reigns supreme as the greatest investor in history, with a personal fortune of around US$132 billion. Many years ago I learned that if you want to succeed in business or investing and get rich, it pays to study Buffett. And the great news is Buffett is happy to share his knowledge. Over the…
Hindsight is a wonderful thing, isn’t it? Knowing what you know now, what would you have done differently if you had the opportunity to invest in property 10, 20, or even 40 years ago? Well, I’ve been investing for decades, which gives me the perspective to see patterns in the chaos that many others see…
Owning a property on one of Australia’s best beaches is more affordable than you think. Tourism Australia recently announced its best beaches for 2024, and not a single one comes with a multi-million-dollar price tag like you’d expect. After all, for a property near Sydney’s Manly Beach you could expect to pay around $4.2 million, or…
Albert Einstein is arguably the most famous physicist of all time. But he wasn’t just a brilliant physicist, however. As you’ll see from some of the following quotes, he was also remarkably wise and had incredible insights into society. 1. “Peace cannot be kept by force; it can only be achieved by understanding.” 2. “Common…
Fear is a powerful emotion that shapes our lives in profound ways, often subconsciously. It can serve as a protective mechanism, alerting us to danger, but too often, it becomes a barrier, preventing us from reaching our full potential. So as I look into the ten most common fears that can hold people back in…
A tenth of the year is already behind us, and as a person who’s interested in the property market, you’re probably wondering what’s coming over the remainder of the year. My guest today is Dr. Nicola Powel, Domain’s Chief of Research and Economics, and she’ll give you some insights into what’s coming by discussing Domain’s…
Property buyers in Victoria are paying 6.1 times more for stamp duty than just one generation ago. In Victoria, wages have increased a bit over five times and the median house price has increased just over 12-fold times in that time. According to new PropTrack e61 Institute research, a full-time worker earning an average of…
In this month’s Big Picture episode of the Michael Yardney Podcast, Pete Wargent and I dissect the multitude of macro-economic factors currently shaping our housing markets and the broader economy. There’s a lot to discuss today including the latest inflation data, this month’s RBA’s interest rate decision, and what both these mean for the future…
Today I wanted to share my top wealth-creating insights. One I learned from our premier property training event – our 5-day Wealth Retreat. You see… As I start preparing the curriculum for this year’s event that will be held on the Gold Coast in May this year I’ve been reviewing my notes from previous years and…
The Commonwealth Bank, Australia’s biggest lender, is forecasting six interest rate cuts in 2024 and 2025 starting in September this year. They also expect dwelling prices to rise a further 5% in 2024. The CBA’s head of Australian Economics, Gareth Aird, says the recent rise in unemployment will force the RBA to take action to…