Blog

Saving tax isn’t the reason to spend or invest Oct 23, 2019

To be honest with you, 2019 hasn’t really gone according to plan for us.

Sadly we lost a close family member, and we’ve had to shuffle things around quite a lot this year to work through some stuff.

It’s been a timely reminder that life throws up these things periodically.

Carpe diem.

Anyway, wh...

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This is financial independence…and how people get there Oct 22, 2019

There’s no one size fits all when it comes to choosing how to live your life.

And the same applies to designing a career or business, and where and how you are going to live.

What’s right for one person may not be right for another.

Today, a short discussion on some of the ways in which people se...

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This is how you can start your own gig Oct 21, 2019

It’s difficult for many of us to imagine escaping the 9 to 5…to be able to do our own thing.

It can be done, though, if there is a strong will to do so.

It certainly helps if you can first build an asset base and a buffer to see you through the first 12 to 24 months, while keeping low overheads in...

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This is why stock picking is so darned tricky Oct 21, 2019

Have you ever wondered why it’s so challenging for fund managers and stock pickers to beat the market…even for market professionals?

There are a number of reasons.

For one thing, to a certain extent institutions are the market these days, so there’s an awful lot of jostling over a limited number o...

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This is why school catchments are becoming critical Oct 20, 2019

School catchments have always been important in driving demographics, and how and where families choose to live.

But as the capital cities become denser, this will become more and more so the case.

In Sydney and Brisbane we are now seeing the advent of high-rise inner-city high schools, which is s...

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This is why you should think carefully about incentives Oct 20, 2019

Incentives are simply something that is offered to make you behave in a certain way.

And whenever you’re offered an incentive it’s worth thinking very carefully about why that is the case.

If a supermarket is offering you a rewards card, this may be so that the chain can track your spending habits...

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This is why skin in the game matters Oct 20, 2019

Due to loss aversion, we tend to feel losses at least twice as keenly as we enjoy gains.

Mastering emotions ad the ups and down of market cycles is all part of what makes for successful investing.

For this reason, while it is smart to back-test strategies and understand historic results, learning ...

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This is why averages can be so misleading Oct 19, 2019

Sydney 2019, MasterMind Intensive Workshop

Have you ever considered how misleading averages can be?

For example, if someone told you to walk across a river because it was only 4 feet deep on average, you’d be justifiably upset if it turned out to be 8 feet deep with strong currents in the middle!

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