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Could this be your fastest route to financial independence? Aug 28, 2019

Real estate and stocks and the asset classes investors use to compound their wealth powerfully over time.

But the quickest way to financial independence? It may well be to start your own business.

Provided you do your research to understand your target market and make a defined plan, you can start...

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This is why capital growth theory rules Aug 26, 2019

If you’re aiming to maximise your long-term wealth, the Kelly capital growth criterion can help you towards the highest expected result.

From blackjack players to sports betting variations on the same model have been used for at least half a century, aiming to place high value bets on favourable sc...

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Be wary of reversion to the mean…& this is why Aug 22, 2019

Today, a quick look at three slides from our Next Level Wealth live coaching call for members this week.

Firstly, US stock markets are extremely expensive – on a par with where they were on Black Tuesday in 1929 – that doesn’t necessarily mean a crash is imminent, but if you buy at these levels exp...

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This is why it’s tough to be contrarian Aug 20, 2019

We tend to like thinking that we’re different or unique, but often we’re more similar to others than we care to admit.

And this applies especially to our peer group.

We all intuitively know that rejection hurts, of course.

But a fascinating neuroimaging study suggested that, in essence, our brain...

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This is how to separate signal from noise Aug 16, 2019

It seems likely that a period of volatility lies ahead.

Volatility brings opportunities as well as threats.

So it’s important to know what your strategy is, and then execute it accordingly.

It’s also important to separate the media noise from the signal.

I discuss a little in this short video he...

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This is rule #1 of compounding your wealth Aug 14, 2019

Warren Buffett said that Rule #1 of investing is to not lose money.

And Rule #2?

Well, see Rule #1.

It’s a truism to say that you shouldn’t lose money on investments.

But there’s an important mathematical principle behind the mantra.

That is, if your portfolio drops by half (50 per cent), it ne...

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This is how to increase your earning capacity Aug 14, 2019

The post-financial crisis era has largely been characterised by low income growth for employees, and not only in Australia.

If you’re an employee then increasing your earning power is a key tenet of your ability to move ahead, as it directly impacts upon your capacity to save and invest.

How, then...

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This is why it’s hard for employees to win Aug 12, 2019

It seems that in developed countries the highest rate that governments can tax salary income at these days is about 50 per cent before the hissing from the goose becomes too loud.

It’s tough for employees to get ahead when the top slice of income is taxed so heavily, while the remained can be so ea...

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