There are many types of investors. The “lone wolf” investor operates from his lair (usually a desk in the spare bedroom.) This type of investor hunts on the fringe of the market. They are solo and sceptical. They “know more than others” and pit their instincts against the pack. After marking out their territory, circling […]
They say that the inside of a boxing ring is one of the few places that can be thought of as a type of “truth serum”. People can say what they like, pretend or promise what they like, sugar-coat the truth, insult or compliment other people. However in the boxing ring there is nowhere to […]
There are many reasons not to invest or own assets that increase in value. Here are just a few. 1934 Depression 1935 Spanish civil War 1936 Economy Still Struggling 1937 Recession 1938 War Clouds Gather 1939 War in Europe 1940 France Falls 1941 Pearl Harbour 1942 Wartime Price […]
The below table shows the proportion of interest in each mortgage payment on a 25 year principle and interest home loan. As you can see, the last payment in year 1 is 96.06% interest. That means only 3.94% reduces the loan. Even in year 10, the monthly payment is still 86.80% interest and only […]
As Noel Whittakers says “The greatest enemy of the investor is not taxation or inflation – it is simply inertia”. “Doing nothing” takes away from you what you could have been and what you might have had. Sometimes potential investors are too strategic, calculating or skittish. By the time they have completed all of their […]
“The greatest enemy of the investor is not taxation or inflation; it is simply inertia” –Noel Whittaker It’s certainly something to think about. Sometimes potential investors are too strategic, too calculating and too skittish. In fact, such investors sabotage their success before they even start. In making sure that they have no risk, they end […]
As we all know, there has been a persistent imbalance between our strong population growth and the slow rate at which new housing stock is being delivered to the market. This has been the primary cause for the strong capital growth in our property prices over many decades. It’s all about supply and demand. When […]
“Ninety percent of all millionaires became so through real estate.” — Andrew Carnegie Paying hundreds of dollars of rent to a landlord each month makes it nearly impossible to get ahead financially. Plus, living in someone else’s property lacks the security of owning your own home. Why contribute to someone else’s financial dream when you […]
One potential Canterbury client knew of us for a number of years but still intended to find their own way ahead. Their change in mindset came when they phoned their bank on a simple day to day matter and were congratulated on having been a client for 29 years. Their initial thought was a smugness at what a […]
This might be demonstrate the reason. Woman: Do you drink beer? Man: Yes. Woman: How many beers a day? Man: Usually about three. Woman: How much do you pay per beer? Man: $5.00, which includes a tip (this is where it gets scary!) Woman: And how long have you been drinking? Man: About 25 […]