Every year we see a population growth in Self Managed Super Funds, with over 1 Million SMSF Members in 2014. Here are a few interesting facts about the recent growth of SMSFs: There are now over 530,000 in Australia, which account for almost one third of Australia’s retirement funds. Total assets in SMSFs increased by […]
Why is it that one of the most fundamental lessons in life, is never taught in schools? We learn everything from how to write, how to speak, how to use mathematics for problems we would never even come across in everyday life, yet not one lesson on how to really make a future for ourselves. […]
We have known it for some time now our workforce is changing. As we finalise our shift from the industrial age to the information age, we come to the realisation that there is no longer a need for a traditional workforce of 9 to 5 labourers. There is evidence of this in every single city […]
Have you been keeping an eye on the property market, seeing prices rise in your city and wondering how on earth you will ever save up enough to get your hands on your first property? It might seem a little tough in today’s market, but there are some steps you can take today which can […]
We’ve all heard the phrase “rent is dead money”. Usually it is on the side of home ownership in the rent vs buy debate. But is rent really dead money do you get caught in a “rent trap”? Is it more worthwhile to invest in a home to live in or are we better off […]
In the decade since I entered the financial services profession, many things have changed. The world is a very different place than it was in 2006. Property prices have soared, share markets have closely resembled a Gold Coast roller coaster and certain international economies have undergone complete overhauls. Today though, I want to discuss one […]
Today’s newsletter from my local property agent reads “House No.5 sold for $250,000 above reserve: more houses wanted for an almost guaranteed quick sale!”. Meanwhile in the papers, a 3rd release of the Darling Square development consisting of 391 inner Sydney apartments, sold out in just under 4 hours. For the time-poor casual observer of […]
If you are anything like me, when people asked me why I was sacrificing so much while working so hard on my personal wealth creation, my response (and perhaps yours) was something along the lines of: “I want to get out of debt and create passive income so I can put 100% of my focus […]