HOW TO RETIRE IN YOUR THIRTIES
When word gets out about all the good work we’re doing it makes me feel both proud and humbled. This is a great example of how, just by genuinely caring to make people’s lives better and by following your purpose in life, your efforts will always be rewarded. Thank you to all the people who […]
LOOKING FOR MR RIGHT?
Are you waiting to find the ideal investment property? Investors who play by the textbook and wait for the perfect opportunity may end up just missing out on the best returns. If there’s one thing that has become crystal clear to me throughout my encounters with investors is that no property is ideal, nor is there really […]
5 THINGS MOST INVESTORS DON’T KNOW ABOUT MORTGAGES
Many investors consider mortgages necessary evil. However, in my personal opinion that doesn’t have to be the case. Long-time industry stalwart and consumer advocate, George Markoski offers these five key insights to enlighten the dark world of mortgages. Mortgages are a tool for wealth creation People invest in property for different reasons, but the main one is wealth […]
WHAT’S SO BAD ABOUT NEGATIVE GEARING? PART 2
This is Part 2 of a 2-part series on Negative gearing. Please click here start with Part 1. The arguments for keeping negative gearing as it is In my first post on negative gearing, I outlined what negative gearing is, and debunked some of the myths surrounding it. I’ll now go into the arguments for keeping negative […]
WHAT’S SO BAD ABOUT NEGATIVE GEARING?
If you’ve missed the recent political and media beat-up surrounding the negative gearing debate, it’s likely you’ve been hiding under a rock. Suddenly, it seems, negative gearing is a terrible thing that favours the rich and creates inequality for the average tax payer. It’s been blamed for various ills including high property prices, keeping first-time […]
TAKE ACTION ON YOUR FINANCES
It is crucial to know the difference between being a passive and active investor. Things like profit, control and responsibility are taken away from you when you’re a passive investor. And the main thing to realise about being a passive rather than an active investor is that you haven’t done anything to improve yourself…You haven’t taken responsibility […]
SWAP THE STOCK FOR PROPERTY
Financial educator George Markoski suggests his clients to exit the stock market and focus on property investment. “I’ve largely departed from the stock market and I suggest others should to do the same. I haven’t been particularly keen on the stock market for a while now, especially since I know it’s pumped up by massive […]
HOW TO KICK START YOUR PROPERTY EMPIRE FROM SCRATCH
According to a data released from the Reserve Bank of Australia and a recent article by the Sydney Morning Herald, Australian property and the wealth derived from property is gradually being concentrated with Baby Boomers, and Generation Y and other younger Australians are finding it hard to purchase their first home or property. The Reserve […]
WILL THE RBA CHANGE THE CASH RATE IN 2015?
Property investors have enjoyed access to cheap finance in recent times as Australia’s official cash rate has remained at a record low for 17-months consecutively, but what’s in store for 2015? The Reserve Bank of Australia (RBA) last changed the official cash rate in August 2013 when the bank cut the rate by 25 basis […]
WORK SMART, NOT HARD
Some folks still have the mistaken belief that if it’s hard and cumbersome, it’s worth more. Easy gets a bad reputation, I tell you… Client “A” John is well-educated, has a high paying job and in an excellent position to start directing some of his cash-flow income towards buying income producing assets, such as “Investment […]