Over the years I have seen many people think about getting rich, proclaiming affirmations, visualizing and meditating yet they don’t get rich. Let’s be realistic… to get ahead in the real world you have to take action. Why is it that most people don’t take action? Sometimes it is a lack of knowledge, but more…
Demographics will always drive our property markets and because of their sheer size and stage in the life cycle, no generation will shape Australia more during the coming decade than millennials. According to leading demographer Simon Kuestenmacher, throughout the 2020s this generation of what he calls procrastinators will follow in the footsteps of every generation…
At the start of a new year, forecasters come out of hibernation with all of their predictions for what’s ahead of us. Property investors always want to know what’s going to happen in the future, but when you look at their predictions in the past, their track record leaves much to be desired. Should you…
Today’s show is aimed at helping you become a better investor, entrepreneur, or business person with the help of the wealth lessons in Morgan Housel’s book, The Psychology of Money. Rather than property or finance strategies, Housel’s book is about the principles of behavioural finance. Understanding the effects of psychology on investors and financial markets…
No matter how successful one is, everyone needs a little motivation from others – even Richard Branson. To find his inspiration for happiness, Richard Branson reflects on these quotes from some of the world’s most inspirational people. I hope you find them just as inspiring: 1. “Happiness is not a goal… it’s a by-product of…
Successful investors learn as much from their mistakes as they do from their successes, whereas the average Australian seems to make the same financial errors over and over again, and wonders why things don’t change. To help place you in that successful group, let’s have a look at nine of the most common financial mistakes…
What’s really happening with mortgage stress? Remember all those predictions of a mortgage cliff and lots of distressed selling? There is no doubt that rising interest rates and inflation have created a substantial squeeze on households with mortgages, nudging many to recalibrate their budgets. Yet despite rising interest rates over the last couple of years,…
As we get older we get wiser. Well..at least that’s the idea, isn’t it? Here’s a great list I found on Twitter. I wish I was smart enough to have come up with this great list I found on Twitter from Vala Afshar As I got older I realised these 33 things: Lost money can…
Today I want to share some top wealth-creating insights that Brett Warren and I gained at Wealth Retreat. This is Australia’s number one learning and networking event for already successful property investors, businesspeople, and entrepreneurs, which we held on the Gold Coast in April last year. As I spoke to many of the attendees from…
As Australia’s population ticked rolled over to the 27-million mark last week, a milestone we’ve hit a staggering 30 years ahead of schedule, the ramifications for our housing, infrastructure, and urban planning are profound. The Treasury’s Intergenerational Report of 2002 had us pegged at a more modest 23.4 million by now; however, we’re not just…