When it comes to investment, we’ve all heard about the concept of compound growth. It’s the powerful snowballing effect caused by growth upon growth. It’s the ability for money to grow in value by ever-increasing multiples of itself, which, over time continually gets larger and larger. Thanks to the power of compound interest, for example,…
Many experts assure us that past performance is a good indicator of what to expect in the future. I have investigated how they rely on past performance to make their forecasts and have come across a huge contradiction. Some analysts claim that a history of strong growth is a reliable predictor of more growth to…
Whether it is an office, shop, warehouse, or even a factory, some investors are attracted to commercial property for portfolio diversification or for positive cash flow. But the thing is, successful commercial property investment is a different niche. It requires an understanding of complex market factors, unique financing requirements, property management options, leasing arrangements, and…
I’d like to share with you some of my thoughts on risk, and how it relates to your investment success because I believe that what most of us have been taught about risk is wrong. In fact, it’s probably holding you back from obtaining real wealth. If you are like most investors, somewhere along the…
Working from home (WFH) is a type of flexible working arrangement that allows an employee to work from a remote location outside of corporate offices. Before COVID-19, just 13 per cent of people aged over 18 with a job reported WFH all or most days. Since the pandemic, however, this trend has shifted significantly. According…
Achieving financial freedom is a goal for most people. Unfortunately, the reality is that not that many people will achieve it. So what is financial freedom? There are lots of definitions but I like the one from T Harv Eker: “Financial freedom is simple: it is the ability to live the lifestyle you desire without…
I like to use three boxes to explain most things residential. They are known as The 4’s. 4W 4Q 4P The Four W’s. We originally these here and it’s the What, Who, When, and Where 1. What Here, four things matter most – without wanting to place catchy caps on everything – I call…
Let’s dive into some intriguing numbers about where Australians are living now and where we’re headed in the next decade. First up, check out Table 1. Some 7.8 million children – a whopping 30% of the population in 2021 – were living at home with their parents. Just under four-fifths (77%) lived with their coupled…
Landlords are soon to be banned from evicting NSW tenants without “reasonable grounds” In fact, landlords could be fined for making up a “non-genuine reason” for evicting a tenant under New South Wales laws to scrap no-grounds evictions. The NSW premier, Chris Minns, said his government aims to introduce legislation to end the practice in September, fulfilling…
Are you starting out in property investment or perhaps looking to expand your existing portfolio? What fee will you choose to pay? Hopefully none, I hear most people say. But be careful…in my mind there are 3 fees you could end up paying over the life of your property journey. While some are obvious and…