(03) 9020 2905Newsletter #48
Tag Archives: Mortgages
What is the most inspiring piece of financial advice you’ve heard. Who gave it, and how did it help you?
Once upon a time, in the early 70s, there was an evil scientist named Walter Mischel. (Evil might be a bit harsh, but the best stories have evil scientists.) Wally … Read More What is the most inspiring piece of financial advice you’ve heard. Who gave it, and how did it help you?
Winning lotto is unlikely but we can always dream. What should you do with a $1 million windfall?
Say to yourself: “Cool! One million down, one million to go”. On its own, it’s not retirement material for a Gen Xer. Or, at least it shouldn’t be. A million … Read More Winning lotto is unlikely but we can always dream. What should you do with a $1 million windfall?
How do you work out how much money you’ll need in retirement, and how do you plan for it?
“Price check, aisle four! Price on a medium-sized tropical island, 50-room palace, 100 staff, world-class golf course, an endless supply of Bollinger and Bintang, an airstrip and a dozen watercraft? … Read More How do you work out how much money you’ll need in retirement, and how do you plan for it?
Fixed versus variable mortgage rates: how do you work out which one you should choose?
“I know what you’re thinking. Did he fire six shots, or only five … you’ve got to ask yourself one question: ‘Do you feel lucky?’ Well, do ya punk?” Thank … Read More Fixed versus variable mortgage rates: how do you work out which one you should choose?
What are three key questions you should ask yourself before taking on any new debt?
Unfair! The question seems to presuppose that debt is bad. Sure, some of it is pretty nasty. But not all debt. Oh, no-sir-eee. Some debt is actually okay. For example, … Read More What are three key questions you should ask yourself before taking on any new debt?
What are three worthwhile goals to set for the new financial year, and can you share one of yours?
Click here to download Debt Man Investment Newsletter #45 It’s an immortal movie scene. Cuba Gooding Jr is on the phone, half-naked, dancing around his kitchen. The guy on the … Read More What are three worthwhile goals to set for the new financial year, and can you share one of yours?
As interest rates head lower, what are some of the best ways to make this benefit your finances?
Something to cheer about? “Yeah, yeah!” There would really be something to celebrate if the bastard banks had passed on the cuts in full. No generation has more to gain … Read More As interest rates head lower, what are some of the best ways to make this benefit your finances?
Falling property prices have renewed the debate about renting versus buying a home. What are your views?
Listen up: If rent money is “dead” money, it’s no more “dead” money than mortgage interest. So, that is what you compare. Short term, renting is far cheaper. Long term, … Read More Falling property prices have renewed the debate about renting versus buying a home. What are your views?
How to fund kids’ education
January is a pretty good time to be alive in Australia. The sun’s out. The tennis is on. We’re annihilating India by complete innings. Driving to work’s a breeze. Beer … Read More How to fund kids’ education