Investor Philosophy
Santa Clause and the Property Bubble?
What does Santa Clause have to do with a property bubble? Well, I don’t want to spoil the surprise, so you’ll just have to read the article to find out. What article? The one written by Brett Johnson author of the excellent property investment book, The Wealth Power of Property. I’ve just written an article […]
Cashflow – Why is a Paycheck like Fetching Water?
I used to think there was only one kind of cashflow; a paycheck. But, over the years, I’ve learned a paycheck is just one of many cashflow types. And now, I feel it’s one of the lowest forms of cashflow; one of the least attractive. In my opinion, it’s not the cashflow of lifestyle. Any […]
How do you protect yourself against a thief?
What kind of question is that? Well, it’s one I came up with while reading George H. Ross’s book, Trump Strategies for Real Estate: Billionaire Lessons for the Small Investor. George gives the answer on page 74. And, from personal experience I can vouch for its veracity. His answer is the truth. I know because I’ve […]
Property correction necessarily a bad thing?
Ok, let’s say there is a big correction in the Australian housing market. Let’s say there is a “bubble” and it bursts. Is this necessarily a bad thing? I have direct experience that says it may not be. “What experience?” I can hear you ask. Well, let’s see. I’ve got property in the USA. In […]
Finding your car keys and striking oil — how are they the same?
Using the same principle, J. Paul Getty found oil, and I found my car keys. Have you ever lost your car keys? You look everywhere. You panic, “Oh my God, I’ve lost my keys.” That sinking feeling sets in … It happened to me one time. And - quite by accident - I came up with a brilliant solution. I asked […]