As Noel Whittakers says “The greatest enemy of the investor is not taxation or inflation – it is simply inertia”. “Doing nothing” takes away from you what you could have been and what you might have had. Sometimes potential investors are too strategic, calculating or skittish. By the time they have completed all of their […]
“The greatest enemy of the investor is not taxation or inflation; it is simply inertia” –Noel Whittaker It’s certainly something to think about. Sometimes potential investors are too strategic, too calculating and too skittish. In fact, such investors sabotage their success before they even start. In making sure that they have no risk, they end […]
“Ninety percent of all millionaires became so through real estate.” — Andrew Carnegie Paying hundreds of dollars of rent to a landlord each month makes it nearly impossible to get ahead financially. Plus, living in someone else’s property lacks the security of owning your own home. Why contribute to someone else’s financial dream when you […]
As we all know, there has been a persistent imbalance between our strong population growth and the slow rate at which new housing stock is being delivered to the market. This has been the primary cause for the strong capital growth in our property prices over many decades. It’s all about supply and demand. When […]
One potential Canterbury client knew of us for a number of years but still intended to find their own way ahead. Their change in mindset came when they phoned their bank on a simple day to day matter and were congratulated on having been a client for 29 years. Their initial thought was a smugness at what a […]
This might be demonstrate the reason. Woman: Do you drink beer? Man: Yes. Woman: How many beers a day? Man: Usually about three. Woman: How much do you pay per beer? Man: $5.00, which includes a tip (this is where it gets scary!) Woman: And how long have you been drinking? Man: About 25 years. […]
The common consensus is that you can’t transfer a residential property into SMSF. The general understanding is that you can’t put a “residential” property into a SMSF if you already own that property. Instead you need to set up the SMSF then buy a new property to put into it. However there is more to […]
One in 15 Australians are millionaires. That’s 1.123 million Australians! In fact, according to the “Brisbane Sunday Mail,” Australians are some of the richest folks in the world. Obviously, it’s not too hard to become a millionaire, at least not in Australia. Making your millions by investing in property That statement may sound a little […]
Most people who ever buy an investment property sell it before they reap the benefits, yet many property owners in Australia go on to own a few hundred properties. In fact in the book by Waxman & Lenard (and in another book by Judith Yates), it mentions 34% of investment property owners in Australia have […]
There it is again – that same old question. Ask your yourself this question. If you bought $100,000 worth of shares and they doubled in value to $200,000, how much would you have? You might say $200,000, but that’s not the answer. To get use of the money, you would have to sell the shares and […]
