A normal human reaction to a big expense such as property is to take time to think about risks etc and probably a reason not to buy it. (If the property is the first one that ticks all the boxes, it usually is the right one.) In this current heated Sydney marketplace the indecisive buyers […]
We whole-heartedly agree with the comments made in the below article. (more…)
There is a lot of talk in Sydney’s Inner West about the West Connex Project and how it may affect the property market in some areas. If you are a unit owner you may get hurt the most if you are situated right near a ventilation stack. The West Connex has its advantages and disadvantages. […]
EVERY single time the market goes up we get the “Bubblers” and the “Doom & Gloomers” coming out of the wood-work. You have to see where they’re coming from to understand why. For example Harry Dent (from the USA) does this, but every time he does, it is to promote his latest book . The […]
Alternatively, if the vendor is set on going all the way to auction, then attempt to buy the night before auction day, with the threat (which you must keep if challenged) that you will not be attending the auction. As Buyers Agents, we regularly are successful in all these tactics and more.
The RBA interest cut in early February 2015 changed all that. I am now of the view that we may see growth of another 10-15% this year, especially of the RBA cuts rates again.
Few terms in personal finance are as important, or used as frequently, as “risk.” Nevertheless, few terms are as imprecisely defined. Almost universally, when financial advisors or the media talk about investment risk, their focus is on the historical price volatility of the asset or investment under discussion.
The Rule of 72 is a great mental math shortcut to estimate the effect of any growth rate, from quick financial calculations to population estimates.
It’s the “rolling snowball” effect. Put simply, compounding pays you earnings on your reinvested earnings. The longer you leave your money at work for you, the more exciting the numbers get.