When it comes to investing, 95% of people lose money, whereas only 5% of people make money through reasonable gains. These 5% are positive, and they look for bargains when others see doom and gloom. They analyse the facts, rather than the headlines. They look past the frenzy of the “herd mentality” to identify the real opportunities.
As 2016 sets sail, let’s look for the opportunities that have already had their seeds sewn in the gloomy period.
Winning and Losing with Fixed Rates
Back in 2009 the RBA was wrong in raising rates. We spotted this, knowing they would soon have to lower rates. We won!! Property Club members who acted on this insight didn't fall for the banks advertising trick, asking us to fix at a higher rate. We had fixed long before the RBA started raising rates, locking in at 5.2% which then came off fixed in 2012.
I believe this banking monopoly rate hike will be shortlived and that it is not yet time to fix. The reverse, the high rates, in fact could be their undoing! Stay tuned and if you are concerned about rates, please join our Rate Club by emailing [virginia.bergman@propertyclub.com.au](mailto:virginia.bergman@propertyclub.com.au?subject=Join the Rate Club).
As rates change I can let you know my views on the best strategy... read more...
In the wake of ex-Tropical Cyclone Alfred, which brought Brisbane its wettest day in 50 years with over 420mm of rain in some suburbs and winds reaching up to 60 km/h, the city faced significant recovery challenges. Despite the extensive damage, including power outages affecting over 56,000 homes and businesses,...
Stamp duty isn’t the most exciting part of buying property, but it can seriously shape what you can afford and how quickly you can grow your portfolio. A national report by SQM Research for the Real Estate Institute of Australia (Stamp Duty: The Relationship to Australian Housing Affordability and Supply, October...
EOFY is coming, and most Australians are getting ready to tick the box, lodge the return, and move on. But smart investors know this isn’t just the end of a financial year — it’s a checkpoint. This is your chance to stop handing over more tax than you need to. And property could be the most powerful tool you’re not...
Our mission is to help the average Australian learn the property market dynamics and discover the amazing opportunities that exist in real estate.