Money regrets – we all have some. We’ve all made financial decisions we would ‘undo’ given half a chance. It might be the under-performing property we wished we’d passed on or that great property we wish we had really chased. Given how important financial skills are to navigating life, and the fact that schools don’t…
It is virtually impossible to become successful with a negative mindset. Negativity puts the emotional centres of the brain in control while shutting down the logical/analytical centres of the brain. When you make decisions using the emotional centers of the brain, those decisions are always bad decisions. And decisions made out of Fear, are always…
Large companies paid the Australian government a record A$100 billion in tax in the last year, a 17% increase on the previous year. But, over the same period, there were still 31% of large companies, operating here but not paying any tax. The Australian Taxation Office’s annual corporate tax transparency report released last week includes…
Warren Buffett is arguably one of the best investors of all time and has an excellent track record of creating and maintaining his wealth dating back to his early entrepreneurial days starting at just five years old. You’d think that the hugely successful magnate and philanthropist would be too strapped for time to mentor as…
If you’re a beach person like me, you no doubt have had this experience — in order to get to your spot on the beach, you have to trudge through a seemingly endless duration of scorching hot sand, carrying your umbrella, chairs, cooler, and many other things. If you don’t properly prepare yourself for the…
Playing monopoly was a tradition in our family for a long time. Unfortunately, the game doesn’t come out as often these days – I guess I don’t play board games much anymore. In the good old days, I played Monopoly with my parents when I was young, with my children when they were young, and…
Are you interested to know where Australia’s richest people live? And I’m not talking millionaires, but centi-millionaires, in other words, individuals with liquid investable wealth of +US$100 million (around A$144 million). According to a new report by Henley & Partners, using data from global wealth intelligence firm New World Wealth, there are currently 29,350 centi-millionaires…
Would you like to take a peek behind the curtains to understand what goes on at our Wealth Retreat each year? We’re currently planning for this year’s Wealth Retreat on the Gold Coast in early May, which is not really that far away. However, I’d like to share some lessons from last year’s event that…
I’ve always believed that the start of every year is the ideal time to consider your wealth creation goals. So, why don’t you ask yourself this question: Will this be like most other years where good intentions are forgotten or put aside because of the pressures of everyday life? As the saying goes: Why put…
How was your year in 2024? Knowing what you know now, would you do differently? I have been reflecting on what I can change ready for this new year and the most important words that came to mind were Gratitude and Privilege. I am grateful for all of the material things that I have, love,…