Dammit! I thought I chose the right lender.

Over the last couple of weeks, I have been helping a number of clients (that use an array of different lenders) as their interest only repayment periods were approaching expiry (an interest only term is typically only used with investment loans and allows the borrower to only repay interest, not principal). Most lenders structure their …

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An eye on the tide….

One of my favourite sayings following the GFC was ‘when the tide goes out you can see who is not wearing swim shorts’; another great metaphor we can thank Warren Buffet for. In fact I think he prefaced this with ‘the rising tide lifts all boats’; equally true. Back in 2005 everyone was making money, …

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Teaching Kids about Finances

This week the Federal Government will launch a new initiative and resources to help primary school teachers deliver financial education programmes in schools. Here’s a link to the website: http://teaching.moneysmart.gov.au/ Robert Kiyosaki’s book ‘Rich Dad, Poor Dad’ aptly posed the dilemma of his highly educated father who nonetheless had no financial education and consequently struggled …

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Dont delay!

It’s the start of the new tax year and we’ve noticed a rush from clients to get their 2012 tax returns done – and why not, if you’re expecting a refund (like many property investors will be), it’s simply good cash flow management to not delay the trip to your accountant. In the credit markets, …

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