What does it take to become a successful investor? You know, one that builds a large property portfolio rather than selling up over the first few years like happens to about half of those who get involved in property. What does it take to be part of the 1% of property investors who build a…
Our current property boom is going to create a whole new generation of wealthy Australians. But since most people who become involved in a property boom don’t become financially independent, last week I started this special series of podcasts discussing 40 lessons I learned in the last 40 years of property investment to hopefully help…
It’s easy to scorn the gentrifying hipster stereotype, but many inner-city neighbourhoods benefit from the distinctive mix of businesses and activities they pursue – so why should the suburbs miss out? One of the stark differences between neighbourhoods in the inner city and outer suburbs in Australia is the quality and type of retail offerings….
Many homebuyers are, not surprisingly, happy couples looking to fly the old family nest and establish their own, new residence. Without a second thought, they go through the motions of acquiring a said house in their blissful state of togetherness; often putting both names to the mortgage contract. But there are some important considerations when…
The year 2021 will go down in history as an incredible year of change. From the continuing impacts of COVID-19 and lockdowns to vaccine rollouts and society adapting to this new normal, it has been a monumental year. 1. Word of the Year The Oxford Word of the Year reflects the year’s ‘ethos, mood or…
If you’re looking for more success in life – be it in your property investing, wealth, or money management, today’s episode of my Podcast is for you. I’m going to share 2 sessions with you – in the first one, I will discuss 21 reasons many people are terrible at managing money. And even if…
2021 was a challenging year for many, so what’s ahead for 2022? A Roy Morgan web survey taken in late November shows only 37% of Australians think 2022 will be ‘better’ than 2021, down a large 22% points from when the same question was asked a year ago in late 2020. However, fewer than a…
How has the pandemic re-shaped your life? It would be very unusual if you hadn’t had some major upheavals over the last couple of years, but what’s going to remain as a long-term trend, a legacy of the lockdowns, and what fads are soon going to be forgotten. I’m sure many of us would like…
Interest rate bingo entails making a successful guess about when we’ll see our first interest rate rise in Australia since 2010, and for most of the year, it’s been even money that the increase will come in early 2024. Ever since November 2020, when the Reserve Bank of Australia (RBA) cash rate landed with a…
New Australian houses are the biggest in the world according to a new Commsec report. New houses in the ACT are on average the biggest in Australia while Victoria builds the biggest apartments But while the average size of new houses fell in Australia over the past year, the average size of new apartments has…