In recent times, the message to ‘invest in incoming producing assets’ has been perhaps most popularised by Robert Kiyosaki in his bestselling book, Rich Dad, Poor Dad. Originally marketed as an autobiography, it appears that it is really more of a business fable — but nonetheless, many owe their start on the path to […]
Start out with an overview of the remarkable growth of the Chinese real-estate market (and it’s only been around for 10 years! And then consider that, because of government regulation intended to curb overheated growth, it is currently in a state of stagnation, but about to see further dramatic growth as […]
An interesting statistic from The Age: Only 31% of dwellings in the city are owner-occupied (the rest are investor-owned rentals). This compares with 76% owner-occupied in the rest of metropolitan Melbourne. And 82% of city dwellings are residential apartments (that’s right, the ones I don’t recommend you buy right now
They project […]
This principle is not only true of investment property, but of investments in general. For stocks — you should research the company, the industry, the key factors — and watch the latest news that can effect the future value of your stocks. For businesses,
market research is essential — what are your competitors doing, […]
Reuters reports annual growth rates from 10 to 42.9 percent in New Zealand. Although Auckland prices grew only 4.4%, other major cities had 10-20% growth and some provincial areas grew in excess of 30% in just 12 months! Again, will be interesting to see if this article will accelerate the growth in those […]
Most people are familiar with the concept of risk vs. return, i.e. in general, you must seek higher risk investments to achieve higher returns. For example, government bonds are a reasonably safe investment, but tend to provide a minimal return after inflation. In contrast, highly volatile stocks can be very risk, but can […]
More than any other field of learning, responsibility for your financial education lies with you. Sure, you need to continue learning for your career, your family, your life, etc. But these tend to be facilitated by your company, your church and community groups. Financial wisdom is far less likely to fall into […]
In addition to mentioning distress sales at losses of 20-30% (both units sold off the plan…), this article mentions a potential rebound in a range of Sydney suburbs. It would be interesting to see if this becomes a self-fulfilling prophecy (e.g. have auction/purchase prices gone up in those suburbs since this news?). I […]
Home value falls trap buyers, reports Saturday’s Australian. So has the house market slump finally led to the bursting of the bubble? No, ‘Prices in parts of western Sydney as well as the inner Sydney and Melbourne apartment markets have fallen well below their mortgage costs.’ This isn’t surprising since: (a) there […]