In my book, Investopoly, I outlined 8 investing rules that if followed, will help you build wealth and avoid making costly mistakes. These 8 rules are evidence-based which I have refined over the past 20+ years. Rule number one is; to play the long game. Arguably, it’s the most important rule because I’ve observed that this is…
If you’re thinking of selling your home this year you’d be keen to get the best price and not drag out the emotional selling process. A number of years ago, leading real estate agent Matt Steinwede shared 10 tips for owners thinking of selling their homes. These are just as relevant today as they were back…
How you manage your money can have two consequences: it’ll either make you more money, or it won’t. Strategic property investors know how to use their money to make more money and buy more properties sooner. In today’s challenging environment it’s harder for property investors and homeowners to obtain finance. So, let’s look at five…
The use of Self-Managed Superannuation Funds (SMSF) has skyrocketed over the past decade in particular. Among the many reasons for this increase is the ability to purchase residential property in your SMSF with borrowings – debt via what’s called a Limited Recourse Borrowing Arrangement, or LRBA. In essence, the LRBA structure allows an SMSF to…
Property investment has lost its appeal for 45% of Queensland investors, according to the latest Property Investor Sentiment Survey by PIPA. The survey found many investors are selling up, and quite a few feel they are longer in control of their assets. I’m sure you’ll still find my chat with Nicola McDougall, Chair of the…
I always keep careful track of consumer confidence because it’s a good indicator of what’s ahead for our economy and property markets. And recently consumer confidence fell 2.4pts to 82.2 and is now a large 24.8pts below the same week a year ago. In addition, consumer confidence is now 8.1pts below the 2022 weekly average…
The highs and lows of Australia’s property market were a hot topic even before the pandemic-induced price boom of 2020-2021. And with so much talk about extravagant surges in both the number and value of property sales, talk also turned to how much money some of these ‘lucky’ property investors managed to make. After all,…
One of the best parts of being involved in the property markets is that I’m continually learning. However, one of the things I’ve learned from history is that we don’t learn from history. How often have you heard people say this time is different when really it isn’t? Some things just don’t change. In today’s podcast, I…
We essentially have two brains – the Conscious Brain and the Unconscious Brain. The Conscious Brain, or Neo Cortex, is the outermost portion of the brain. It’s what you typically see in pictures, with all those wrinkles. It is located in the brain’s topmost layers and includes the neocortex and the lobes. More specifically, it…
Perseverance is about as important to achievement as petrol is to driving a car. Sure, there will be times when you feel like you’re spinning your wheels, but you’ll always get out of the rut with genuine perseverance. Without it, you won’t even be able to start your engine. The opposite of perseverance is procrastination Perseverance means you never…