It’s already turning out to be an interesting year for property in 2020. Some commentators are suggesting double-digit capital growth in some of our capital cities, others are suggesting more subdued growth. The question is, who are you going to listen to? Whose advice are you going to take? Because if history repeats itself, and…
While houses in Tasmania have enjoyed exceptional price growth in recent years, there has been a marked drop in this increase which is highly likely to continue. According to the latest RiskWise Property Research Risks & Opportunities Report, and as projected in previous reports, the Tasmanian market has been experiencing decelerated price growth over the…
When it comes to investing and finance, sunk costs are everywhere. And they’re costing you money if you don’t understand about sunk cost fallacy. To help you navigate them, Coupon Chief has created an infographic below with tips and tricks for identifying and avoiding sunk costs. Whether you’re buying a home or an investment property,…
Well it’s the beginning of the New Year, in fact the beginning of a new decade. It wasn’t that long ago I remember the turn-of-the-century when we were all worried about the why 2K bug. All those predictions of mayhem that didn’t occur. In fact we are now 20% through the 21st century – that’s…
What will be the major influences on our investment markets this year? At the beginning of each year Shane Oliver, Head of Investment Strategy and Chief Economist at AMP Capital, provides us with a list of lists for the year ahead and this time round he explains why despite ongoing bouts of volatility, 2020 is…
According to a study by Brown University habit study by Dr. Pressman, we pick up most of our habits from our parents. If parents are bad at managing money, their kids will be bad at managing money. When you’re bad at managing money it has a tendency to disappear. That means no savings, no retirement…
Sometimes life doesn’t work out the way we would like it to. Despite our best efforts or best intentions, we find ourselves in strife. Many Australians know what I’m talking about. While we have it pretty good in this country, we’re also a nation up to its eyeballs in debt. If this debt gets out…
One of the significant changes in the way we live in Australia over the last few decades is the gentrification of our inner suburbs. When I was young housing in the inner suburbs was cheap and home to the working class and migrants being full of single fronted terraces, pubs and factories. But within a…
Capital Gains Tax (CGT) is one of those things that most investors know they will probably have to pay one day – and then promptly forget about it! The reality is that CGT can be difficult and confusing to understand, let alone calculate, so it’s important to have specialists on your side – and especially…
Tom Corley spent years studying the difference between the habits of our country’s rich and poor, questioning hundreds of individuals. On the rich side, these were people with annual gross income north of $160,000 and net liquid assets of $3.2 million or more Some of the differences between rich and poor are obvious, while others are…