Empower Blog Cash Flow

RBA Rate Decision – October 2014

Hello, the Reserve Board met today and kept interest rates on hold. Well anticipated that they were going to remain on hold and it's certainly a view that they are going to stay lower for longer. That's being about installing confidence into the market place for business to start doing more lending. In the last 4 weeks, there have been some big thi...

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Which is the best state to invest in?

As a property investment analyst and qualified property investment advisor, I'm often asked which is the best state to buy property in. But that's not necessarily the best question. There are over 9.4 million dwellings across Australia and those numbers increase around 130- 160,000 new dwellings every year. So on average, every week there's over tw...

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RBA Rate Decision – October 2013

Although the RBA still had scope to move the cash rate lower, in line with many economists’ view that rates would continue to fall, the RBA board chose to leave the cash rate on hold at this month’s meeting today. This leaves the cash rate at 2.5%. Many economists are still talking about the cash rate hitting 2 percent at some point into 201...

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Game Plan: Make an extra $90,000 in passive income a year

There are plenty of strategies an investor could use to get some clever property purchases, but how do you get there without working two jobs or skimping by on Vegemite toast every evening? Here's an article on how to achieve $90,000 a year in passive income by 2020. In this article on Your Investment Property Magazine (YIP Magazine), Empower W...

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One more look at predicting the Future

In the previous article, we discussed one of the key factors in developing a long-term wealth building strategy  -  the need to “predict”, or at least make assumptions about, how household cashflows will change over time.  Before starting any investment with a goal of building wealth, it is critical to have a clear picture of the anticipated...

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Challenging the top five roadblocks to property investing

Many people WISH they could be property investors, but for whatever reason, don’t commit to the journey. In our industry we see the objections and roadblocks which people put up when it comes to property investing. Sadly, many of these roadblocks are either artificial or ill-founded. In this article I will workshop the top five objections so that...

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Another look at Predicting the Future

In a previous article, we discussed one of the key factors in developing a long-term wealth building strategy  -  the need to “predict”, or at least make assumptions about, how key variables affecting the outcome of the strategy will change in the future.  For example, a strategy involving the use of borrowed money will need to include an as...

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How to Calculate Profit from Property Investment

You have heard me say this before, Property Investing is not easy.  It involves large amounts of money and carries risks, from picking a good property to managing cash flows and ongoing costs of holding the property, to poor tenants, to legislative changes, to interest rate rises, the list could go on and on.  But what’s really interesting is ...

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Predicting the Future

In previous articles, we have been looking at the inputs to and outcomes from an investment strategy, and have identified the return on an investment asset, generally made up of some combination of growth and yield, as a key measure of the performance of that asset. We are able to obtain information on the recent growth and current yield of diff...

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Your State of Wallet Plays with your State of Mind

Have you ever heard the saying ‘Your state of wallet plays with your state of mind’?  Speaking from personal experience and having conducted over 1000 client interviews about managing money, building wealth and buying property, I know it's not just a saying, it's fact! I’m the first to agree that money doesn’t buy you happiness, as your...

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Why Most Investors FAIL to build a Multi-Million Dollar Property Portfolio

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Control your retirement income

When you retire, there are different financial factors to consider because you are no longer receiving income from employment. Adverse market movements can have a greater impact on your savings in retirement because you’re not replenishing your savings with a regular pay cheque. Additionally, when you’re employed your income generally increases...

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Why budgets don’t work!

Budgets are a bit like driving your car down the road with your windscreen totally blacked out only looking through the rear vision mirror - they simply measure history but that’s not enough.  Let me illustrate. Have you ever been guilty of impulse spending?  Whether it’s the pair of jeans you bought when you were meant to be just wind...

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