Prior to having kids I was a keen traveller and one time when I was on a trip to Vietnam I ‘happened’ to sit next to a very interesting man, on a bus. His name was Kevin and was a very successful property investor. At the time he was the UKs largest independent property investor who in his 15 years of investing had acquired over 800 properties with $5m profit [...]
There has been a lot of hype and talk over the movie recently titled “The Big Short” which is based around a few guys “shorting” mortgage-backed securities based in the USA. The movie has caused quite a stir with a lot of viewers wondering whether the same thing could happen here in Australia. So I thought I would cover off why this will NOT happen here in Australia and here [...]
https://www.youtube.com/watch?v=tDur6nIiRn0 Hi everyone, Leonie here at Wealthology and today I wanted to talk to you about the benefits of having an annual financial health check. You will find often that throughout the year your financial situation may change, interest rates may go up, you may have received an increase in your salary, which is always exciting, you may have taken out another credit card, or perhaps taken on a car [...]
So, you’re thinking about investing in property to create wealth for yourself but you’re not entirely sure how the money side of things works? That’s OK. It might seem a touch confusing but really financing on a mortgage basis is quite straightforward. Let’s take a quick look at what you really need to know: You Need A Deposit A deposit is a percentage of the purchase price that you will [...]
Investing can be quite scary when you look at it from afar but when you peek a little closer, it all starts to make sense and once it makes sense, it’s exciting not scary. Let’s take a quick look at three key principles of investing for your future wealth: Risk Management There is no such thing as a risk free investment. In the same way that there’s no such thing [...]
Life is full of financial decisions, some complex, some simple, but all with the potential to make a real impact on your life. Today we’d like to focus on some financial choices you’re likely to regret in 10 years, if you don’t do something about them now. We’d like to save you from the pain and the heartache that occurs when people make these decisions. Put these on your not-to-do [...]
https://youtu.be/L2cxdzn7ZeM A budget is a very effective tool to use on your financial journey, however, most people don't people like doing it. Now, why is that? Quite often we think a budget actually restrict us from spending, but it is in fact the opposite. When you're very clear about your money, and how much you've got to spend, you know, how much you've got to spend, and some people like [...]
