The best advice I ever got- Pete Wargent

Very, very occasionally I get good pieces of advice from people and I write them on a slip of paper to put in my wallet.

Over the years I’ve read dozens of motivational books.

Naturally, some have been great and others have been dross.

Probably the best texts I have read are those by Anthony Robbins – they are literally packed with information, user manuals for your brain.

Of course, not all of the information will be relevant or useful to you.

But some might be life-changing.  Here’s an exercise I found worked for me, courtesy of Big Tony.

Positive thinking exercise

For 7 days, try to have no negative thoughts.  Obviously this isn’t 100% possible, so you are allowed up to 30 seconds of negative thoughts at one time.[sam id=35 codes=’true’]

If you catch yourself going over 30 seconds, then you must go back and start the exercise again.

Even if you have done 6 days and then you have 40 seconds of negative thoughts, the clock is re-set.

Such a simple idea, and yet if you are like me and prone to bouts of glum moroseness, a supremely effective exercise if you can commit to it.

Some people are lucky don’t suffer from many negative thoughts and they will find this exercise easy.

Others, like me, will find it hard (one of my personal line-of-thought specialities is: “I should be doing something different with my life…!”).

Ultimately, we have two choices in life: we can be happy or we can be sad.

A Botswanan guy called John Parker told me that.  Very true too.



Subscribe & don’t miss a single episode of Michael Yardney’s podcast

Hear Michael & a select panel of guest experts discuss property investment, success & money related topics. Subscribe now, whether you're on an Apple or Android handset.

Need help listening to Michael Yardney’s podcast from your phone or tablet?

We have created easy to follow instructions for you whether you're on iPhone / iPad or an Android device.


Prefer to subscribe via email?

Join Michael Yardney's inner circle of daily subscribers and get into the head of Australia's best property investment advisor and a wide team of leading property researchers and commentators.

Pete Wargent


is a Chartered Accountant, Chartered Secretary and has a Financial Planning Diploma. Using a long term approach to building businesses, investing in equities, & owning a portfolio he achieved financial independence at the age of 33. Visit his blog

'The best advice I ever got- Pete Wargent' have 5 comments

  1. Avatar

    January 17, 2014 Hari Yellina


    Most of the blogs here are about property, Some of the blogs are so inspirational even though it is not about the property. We do regularly read your blogs.

    Your team has been one of the best over the years. I have personally gained so much knowledge, By reading them attending your seminars. Reading your blogs everyday. Its knowledge fuel & inspiration for our whole family . It has kept us to hold our assets and now we are reaping the fruits.

    Even thought we are unable to comment on every of your blog. We do appreciate very much.

    Thank you
    Hari Yellina.


    • Michael Yardney

      January 17, 2014 Michael Yardney

      Thanks for the kind words, I appreciate you taking the time to comment


  2. Avatar

    May 2, 2013 J

    I thought this blog was supposed to be about property? Have I got the wrong place?


    • Michael Yardney

      May 2, 2013 Michael Yardney

      Thanks for your comment. While the focus of this blog is property, more holistically it’s about wealth creation and financial freedom. In my opinion one of the big stumbling blocks for many Australian’s is the way they think about money and wealth.
      That’s why I value Pete’s blogs. Clearly he’s no theorist, he has achieved many of his financial goals in his 30’s


Would you like to share your thoughts?

Your email address will not be published.


Michael's Daily Insights

Join Michael Yardney's inner circle of daily subscribers.

NOTE: this daily service is a different subscription to our weekly newsletter so...