There’s no better time than the present to get your personal finance in order.
Building wealth certainly doesn’t happen overnight and as much as property investment is key, this all begins with how you manage your money.
These articles offer the best advice from finance industry experts so you can learn how to benefit from long-term monetary strategies.
Government officials, experts, economists, and even the media are consumed by Australia’s surging inflation. And it’s not surprising given headline inflation is now over 5% for the first time since 2001, and isn’t showing any signs of slowing. In fact, Reserve Bank of Australia (RBA) Governor Lowe recently appeared on the ABC and told us…
It’s important to have rich children. There I said it. Now, before you tell me there are more important things in life, let me clarify what I mean. Rich children grow into adults who are wealthy, yes, but they’re also resilient, curious, independent and compassionate. Being rich is about wealth in all facets of our…
Smart property investors use all the legal tax rules to minimize their cash flow leakage and maximise their deductions. The government encourages property investors to provide accommodation for those who need it by offering them a range of tax benefits. While most investors know about the typical tax deductions, such as interest on loans, repairs and management fees,…
I recently got together with two of my best friends from high school, Jamie and Jason. We’ve been friends for over 30 years. We don’t see each other as often as we’d like to because life is busy. But when we do it’s always amazing. Sipping tea in the Sugarhouse neighbourhood of Salt Lake City,…
The goal for most investors is to accumulate enough wealth so their investment assets generate sufficient passive income to meet living expenses. If this happens, it is no longer necessary for you to work for an income and you then have complete discretion over what you do with your time. Wouldn’t that be wonderful! However,…
We often talk about the things that we learn in business, the lessons that we get, and the people we get the lessons from. That got me thinking just the other day about how I also think there are some lessons that we can learn not from people, but in fact, from animals. It got…
A lot has been written about the good fortune of ‘baby boomers’ in that, overall, they have enjoyed a long period of economic, share market, and property market prosperity. Whilst they haven’t enjoyed the full benefit of compulsory super (which only began in 1992), other assets such as property have certainly compensated for that. This…
Over the past 20 years, the US share market has risen 5-fold, the Australian share market 5.4-fold, and Australian property 4.2-fold. That means if you invested half a million dollars 20 years ago, in either shares or property, it should be worth between $2 and $2.5 million today. You’d have even more money if you…
Would you like to take a peek behind the curtains to understand what goes on at our Wealth Retreat each year? This year’s Wealth Retreat on the Gold Coast has now been and gone, but the lessons remain. It is not only what we learned from the world-class presenters up on stage, but also what…
Money isn’t important! REALLY? I mean, really? On my Facebook page recently we had a top discussion about the meaning of money and how to shift your mindset. One chap piped up to say: “I hate money. I never have enough of it. I’m sick of trying to get it to stretch. If it wasn’t…
