If you want to build wealth by investing in property, then it stands to reason that you would be interested in learning about the top 5 mistakes that property investors make. I have observed these over the past 15 years. I have written a lot about the perils of buying the wrong property and tried …
I often get asked by clients when will property prices stop increasing? How much longer can they continue to rise? Do I think the market has any steam left in the engine? The blog below summarises four factors that I think are useful to consider to answer these questions. It’s critical to define the conversation …
When you visit a financial advisor and receive advice, are they sharing their opinion or facts? Many people think they are relying on a subjective opinion when they seek financial advice. The fact is that you don’t have to take this leap of faith. I can prove why a certain approach or strategy is the …
No one wants to buy at the peak of the property market! Imagine if you buy a property and then a month later property values fall and it takes more than 2 years to recover to the amount you paid for it. That two years of holding costs (interest) for no gain. Would you kick …
Small businesses are described as the backbone of the Australian economy – making up 96 per cent of the Australian economy, employing over 4.5 million people and producing $330 billion of Australia’s economic output per year. The Government has finally reduced the red tape burden for small businesses, providing certain concessions for those who qualify …
Most share investors repeat the same mistakes. There are probably only four simple mistakes that nearly every novice investor I meet makes. The shame is that these mistakes are so easy to avoid. When I meet a client that has invested in a direct share portfolio (either personally or in a SMSF), this is what …
It seems that almost weekly a media outlet runs a story about the ‘so-called’ housing affordability crisis in Australia. The most recent segment I watched on TV this week suggested that Sydney is the second most expensive city in the world behind Hong Kong… really? Have they been to New York and Paris? Buying a …
Many SMSF members are paying exorbitantly high fees and they don’t even know it. So if you run your own SMSF, taking 2 minutes to read this blog could save you a lot of money. I was reviewing a new client’s SMSF recently that held approximately $700,000 of investment. It was managed by a high …
This blog sets out why we choose to do the work we do at ProSolution Private Clients i.e. what drives and motivates us. I hate to see people being ripped off by selfish advisors! We have all read the stories in the newspaper. Investors put their trust in a “financial advisor” because they work for …
It’s tough to make predictions, especially about the future – Yogi Berra Quite often we think a complex problem requires a complex solution but often that’s not the case. “What should I do with my money now so that I can enjoy a comfortable retirement?” seems like a complex question to answer. There are so …
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