With inflation remaining stubbornly high and interest rates continuing to increase, people are really feeling the costs of life are adding up. So, it's probably a good time to start being smarter with our money, aka, become a bit of a tightarse. For this week's episode, I sit down with our investment expert and self proclaimed tightarse, Luke Harris, on how being a tightarse and building good money habits can not only save you money but get you closer to building wealth through property. Enjoy!
It's time for another FAQ episode with our investment expert, Luke Harris. If you have any questions you want answered on the show head to our FAQ section here. Todays questions/topics cover: 1) What is capital gains tax? 2) Is it better to have all your home loans with one lender or should you spread yourself across different lenders? 3) What is the difference between a property mentor and a buyer's advocate? 4) I’ve recently moved to Australia and previously owned property in New Zealand. How can that affect my ability to continue buying property in Australia? 5) Are interest rates as scary as people think?
Over and over again, we see the property market go through a cycle. It may not be the same every time, however each stage consists of similar events. For this weeks episode, inspired by one of our recent blog articles The Property Clock Is Always Ticking...So Set Your Alarm our investment expert, Luke Harris, joins me to talk about the patterns he's seen over his two decades of investing and the three main stages of this property clock. Boom, Correction and Recovery. Which stage are we in now? And should you be investing? Enjoy!
