AND A BIGGER BIT BECOMES A LOT MORE The power of compounding was well understood by Albert Einstein. He said “Compound interest is the eighth wonder of the world. He who understands it, earns it … he who doesn’t … pays it.” The theory of the power of compounding by necessity is embedded in every plan […]
Barry (pictured) always yearned for a comfortable retirement and a better lifestyle in the lead up years, but like many others felt he wasn’t equipped to work out a way to do it. He felt he and his family deserved the good life, but also felt “held back” by having very little to start with. […]
Sometimes it’s hard to feel a sense of individuality. You feel like you are similar to most others and feel burdened by the same day to day problems as everyone else. One way to stop being and feeling part of the crowd is to become wealthy. Poor people, average people and even above average people […]
I don’t think so. What we do at Canterbury is not just talk. As they say “Don’t listen to what people say; watch what they do”….and this is what we do, and it’s real, can be quantified – and can be conveyed using numbers. Numbers don’t lie. Here is a comparison between where an existing […]
All wise financial advisors know the importance of investing for your long term future with regular reliable instalments. It is best to arrange this by direct debit because without that, life gets in the way and the regular payments are not made. It is common for five years to go past in the blink of an […]
The rising and falling of interest rates is just a fact of life as a property investor. This is a cyclical business in all ways. All that matters is what happens long term. Every industry has occupational hazards. Even a rugby player gets tacked and knocked down, but he knows that will happen before he […]
It’s all like baking a cake, if the recipe is correct, success is assured. Step 1: Begin With Your First Home Start as early as possible. This will not likely be your dream home, but it’s a starting point, it is a store of wealth and a way to have a […]
A recent United States study reported over 350 logical reasons for investing in real estate. We haven’t read that report, but here are our four favourite reasons: Your wealth increases even when you sleep if you own growth assets i.e. things that go up in value without your personal input or effort. Structures can be […]
People who own real estate catch a free ride in the wealth creation stakes. Residential real estate prices endlessly outrun all other metrics. That’s why real estate owners get further and further ahead of the people who don’t own real estate. And the people who own a lot of real estate endlessly get further ahead of the people who own just a […]
Not long ago only 5% of the population were over 65 years old (“elderly”). Now it’s around 14%. Soon it will be 25%. Of great impact over the coming decades is the ageing population, with fewer workers available to finance the support and Centrelink benefits of the ever-aging population. Workers (younger people) are more productive […]