Making Money Your #1 Priority – Good Or Bad?
Boy, the article that I wrote yesterday certainly created a bit of a stir. What created all the fuss? It wasn’t so much the idea of making a decision to become rich, most folks were OK with that. It was… the idea of making it your #1 priority. Some folks emailed me back with, “What about health and family? Aren’t they more important than making money?” …Other folks weren’t as kind and questioned whether I was a greedy and selfish S.O.B. It’s all...
Read MoreProfound… Ask your mother what your attitude to money is.
Kind of a weird subject line, but I’ll get to that shortly. Let’s begin. I’m often asked, what does it take to be rich? Is it something that you have to show some signs of achieving great wealth when your young? Do you have to have a history of doing paper rounds at 7 years of age? Selling lemonade to complete strangers? …Or working at McDonalds at a tender age of 15 for $7.50 an hour? When I look at my life, there is absolutely no way that anybody could have predicted...
Read MoreSpeechless
I’m going to be very quick because if I don’t, I run the risk of not completing this message. I’ve attempted to blog to you on 7 different occasions this week, however every time I’m overcome by emotions and I bail out. What am I talking about? I’ve learnt several lessons this week about the reasons why we exist and more importantly, what purpose we play on this planet. I didn’t learn it from any recognised guru and most likely his name you probably have...
Read MoreMy Bold Predictions for 2008
Let me make a bold prediction. Property yields will explode… The real estate market will go crazy, driven by investors… Interest rates will keep going up, only fueling the capital growth cycle… Owner-occupiers will get priced out of the market, hence becoming renters… Capital growth in 2008 in well-researched pockets could achieve anywhere up to a huge 30% increase… Developers will cautiously hold back stock… Supply will deminish, especially in Sydney…...
Read MoreYes, I admit…. I’m biased
Wow! I got some interesting responses back to my email yesterday about whether the interest rate will crush the property market. Let me just say that my view is based on my opinion… And my opinions are based on my experiences. The feedback in general was mostly supportive of another strong year in real estate and some of it coming from a cautious position after significant capital growth…. And some of the feedback was simply plain dumb. Let me just say this… Property is a...
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