Reading Time: 4 Minutes What’s up everyone! Hope we are all having a good week. Much better for yours truly, thanks for asking. BOO-YAH, I knew it’d be a better week when on Monday, a whole bunch of us got together for an impromptu but QUALITY dinner. Like $65 all-you-can-eat top of the range Japanese BBQ quality. DAY-AM. Let’s see, my friend Light Beam was there (the future Australian Treasurer), Bubu (the most handsome of our group) and Bugzy (another EN-TRE-PRE-NEUR, guy’s got 3 online businesses on the go, jayzuz). So of course, as expected the conversation was free-flowing and top notch (just like the meat yum, yum). Actually, I…
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Being Rich Eliminates 67% of Life’s Problems
Reading Time: 4 Minutes Owwww I am STUFFED. BURP. Excuse me for a bit boys and girls. Belches again off-camera. Whew, much better. Just had a HUMONGOUS feed. Man, I knew it was wrong to grab those Fillet-O-Fish burgers for a post-dinner snack… never again. Shakes head. Brbrbrbrbrrrrr. But c’mon, who DOESN’T like fast food, SO. DAMN. DELICIOUS. Hmmm… although it does remind me of what I was reading earlier today, what was it again? Hm. Oh yeah! It was on Tom Corley’s Rich Habits. Who’s Tom Corley? Yeah exactly. But reading through his website, apparently the guy spent 12 years conducting a study by interviewing and researching millionaires, multi-millionaires,…
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Our Latest Buy (Part 4)
Reading Time: 5 Minutes Howdy boys and girls! Me again. Let’s dive straight in and plug on with part 4 of our latest real estate purchase (read Part 1, Part 2 and Part 3 here). Last time I disclosed that we bought Property 3 for a surprising offer of $210,000 against an asking price of $298,000. Let’s take a look at the pros and cons for this one… and you decide whether it’s a good buy or not! Pros So um… where to start? I guess from the beginning! In Part 1, I stated that the property was listed for $298,000, however 1 bedroom units in the same complex were asking…
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Our Latest Buy (Part 2)
Reading Time: 4 Minutes OK boys and girls, we are back! Back for the continuation of our most recent real estate purchase. If you missed part 1, don’t fret! Have a read of it here. Basically, after zipping around the Greater Perth area for the best part of a long weekend, we’ve narrowed the shortlist down to the FINAL FOUR. Ironically none were detached houses, which is a shame because I was on the look-out for somewhere with a bit of land. As we all know, it’s land which appreciates in value and the building which depreciates – hence anything with good land content and value, usually receives a big…
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What Are The 3 Big Financial ‘Mistakes’ That People Make (and the first thing they can do right now to rectify them)…
Reading Time: 5 minutes Today’s post is courtesy of my friend Light Beam AKA “Mike’s friend from Canberra”. Light Beam works and resides in our nation’s capital and is employed in the public sector. But what makes Light Beam different to most public servants is that he works for the government body which sets and implements our economic policy. That’s right – Light Beam pulls the strings for the Treasury department. Suffice to say that Light Beam is a pretty switched on kinda guy and someone who knows a thing or two about finance. Inevitably our conversations end up talking about a financial topic or two whenever I get the…
