Economy
How do you make sense of what’s going on in the world? Read this book …
Just finished reading “Atlas Shrugged” by Ayn Rand; all 1000 plus pages! My feelings about the book may be summed up in one word – WOW! The book is loaded with adventure, creepy characters, heroes, villains, and some of the best descriptive writing I’ve ever encountered. But, that’s not the reason it’s on my recommended […]
What happens when cash becomes trash?
What would happen to your wealth if the value of paper money went to zero? What’s so bad about cash? Isn’t it great? After all, someone told me a famous lady once said, “The thing I like most about cash — it never clashes with anything I’m wearing!” And, what about the financial battle cry, […]
Property Crash? What can we learn from the sea captain?
Property crash – what’s that? Never heard of such a thing. Especially not here in Australia. But, lately, it’s the talk of the town. The hottest topic. Is the Australian property market headed for a US style crash? Well, let me state right up front – I have no idea! Does anyone know? I doubt […]
What causes capital growth?
Capital growth. What is it? What causes it? What is it? Captial growth essentially means “increase in value.” So, for a property to achieve capital growth, it must be worth more today than it was yesterday. Or, it’s worth more today than it was ten years ago. Bottom line, the asset increased in value. Therefore, if you sold […]
What causes inflation?
Wish I knew. Inflation. Even though it has 9 letters, I’ll bet a lot of people treat it like a 4 letter word! It seems to be a word that is generally disliked. But, like taxes, it’s a fact of life for most people. So, our job as property investors I suppose is to try […]