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Journal Journal: Sky Falling or Media Hype? What's Happening in Property Market Now

Sky Falling or Media Hype? What’s Happening in Property Market Now
If you’ve been following mainstream news, then you know there’s a lot of fears among Australians right now. Most people are scared to take any action in property investment. And the mainstream media is to blame for this.

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Journal Journal: How To Change The Future Generation's Story

I think it’s safe to say that every Australian business is feeling the pressures and strain from Coronavirus. Even if you’re lucky enough to be in a business that isn’t affected by lockdowns, the knock-on effect from supply chain issues, reduced travel and foot-traffic, and a myriad of other factors is felt by all.
Some businesses are flying, others are floundering. If you zoom closely in the market, you’ll notice two sorts of businesses. The standard and the stand-

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Journal Journal: How To Overcome Fear & Create Property Investment Certainty

Whether it’s your first property or your tenth, investing in property is a big deal. First-time investors often feel apprehensive about whether they are making the right decision.
Fear cripples many wanna-be investors. They just sit on the fence and watch opportunities after opportunities slip through their fingers.
But, to understand why people fall into this trap, it’s critical to understand the fear and how it operates in us.
So
What’s fear?
Fear is a stron

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Journal Journal: How To Protect Your Financial Future From The Unexpected

Recently, the RBA has tried to keep its cash rate at 1%. And, I don’t know if you heard this last month, but, they are planning to slow down the pace of pumping cash into the economy from 5 Billion to 4 Billion a week in an effort to keep everything running amid the current lockdowns.
So the question is, how do you stay safe when the unexpected knocks on your door? How do you protect yourself in a time when everything else seems to be failing?
I dare say you need to start creating

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Journal Journal: How to Use the Brisbane Olympics to Secure Your Financial Future

Have you heard about Madam Jeanne Louise Calmet?
She had the longest confirmed human lifespan: 122 years, 164 days.
Apparently, fate strongly approved of the way she lived her life. She was born in Arles, France, on February 21, 1875. The Eiffel Tower was built when she was 14 years old. It was at this time she met Vincent van Gogh. "He was dirty, badly dressed, and disagreeable," she recalled in an interview given in 1988.
In 1965, Jeanne was 90 years old and had no heirs. She signe

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Journal Journal: Is Australia Headed For A Recession?

A recent report by Westpac states that Australia’s recent lockdowns are going to cost the economy 8 billion dollars. What’s more, they mean that our Gross Domestic Product (GDP) is going to fall by over 4.7% because we’re not producing the same amount of goods when so many businesses are shut down.
If the lockdowns stop happening, we could bounce back later in the year. But if our lockdowns drag on for longer than we expected, we might end up finding ourselves in a double

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Journal Journal: Lockdowns and the Future of Property Is Your Money Safe?

Unfortunately right now in Australia, lockdowns are a part of life. Melbourne is going through its fifth lockdown in 18 months. And Sydney’s lockdown is showing no signs of being lifted any time soon.
As tough as it has been on so many people, from a bird’s eye perspective we’re actually in an interesting time in history in terms of property investing.
Because due to the ‘perfect storm’ of conditions happening in the economic market due to COVID, we’v

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Journal Journal: Has The Australian Property Market Peaked?

The property market has been running hot across much of the country, with "FOMO" (Fear Of Missing Out) felt by many home buyers and investors as prices skyrocket.
But in the latest headlines, there's talk that property values may be peaking, that interest rates might be about to rise, or even that the RBA and financial regulators might step in to deliberately cool the market.
Will this property boom last into 2022, or is the market about to come down to earth with a CRASH???
Is it to

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Journal Journal: Your Questions About Using Superannuation To Buy Property Answered

While every Australian of working age has a superannuation fund, many Aussies aren’t fully aware of how they can use it. Apart from waiting and hoping that you have enough in it by the time you want to retire, that is!

But Superannuation is more than a ‘hope and pray’ savings account to be unlocked at some distant point in the future. There are actually things you can do right now to grow your wealth and secure your long-term financial security.

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Journal Journal: Five Rules The Rich Use To Keep Getting Richer

It seems that the wealth gap between the average person and the billionaires of the world is growing every day. In 2020 the wealth of the world’s richest people grew by over 20% on average. Elon Musk’s wealth alone grew by over 300% in less than a year. And Jeff Bezos? Even with an expensive divorce and running a space program, his wealth is still astronomical and not showing any signs of slowing down.

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Journal Journal: Is The Era Of Low Interest Rates Ending?

Australians have enjoyed a gravy train of low interest rates and cheap money for quite a while now. But the sands are shifting and we have begun ushering in a new era—and it’s not great news for people wanting to get into the real estate market.

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Journal Journal: How to Protect Yourself From Post-Pandemic Inflation

They say that the two things in life you can’t avoid are death and taxes. I’d like to add another one to the list: inflation. Inflation is a powerful force that affects us all in ways many people don’t even think about.

But I predict we’re all going to be thinking about it a bit more very soon. Because when the world starts opening up again after the pandemic is under control, we're going to see a huge spike in the cost of daily living.

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Journal Journal: Builders Exposed: What's really going on behind the scenes

You probably know that this current property boom is fuelled partly by a housing shortage. But did you know that we’re also facing another type of shortage that will slow new builds to a crawl potentially inflating the market even further?

A friend of mine who has been in the building industry for a long time recently shared a letter from Australia’s Master Builders Association with me.

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Journal Journal: The Government Is Squeezing More From Investors! Are You Safe?

The recent budget is one of the most investor-friendly in our history. If you’re a property investor, the National government has done a good job. However, there is one government that is definitely not on our side.

The Victorian government has attempted to hijack the property boom with new taxes. They have decided to try and squeeze more money from investors. Now, Victoria already has the highest property tax rates all over Australia. South Australia is a close second.

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I am not an Economist. I am an honest man! -- Paul McCracken

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