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Small business and our experiences – Property Wealth WOD |Ep. 119|

We have started a number of small businesses that have ranged from window cleaning to telecommunications, some were successful and some weren't but what enabled us to take these chances was the fact that we had already grown a strong property portfolio. Here's what we have learnt along the way. Featuring Cam McLellan and Al Lewison.

The Lightbulb Moment

By Cam McLellan

We’ve previously talked about money flow (see HERE), so today let’s talk about the different types of income, which are:

  • Earned
  • Trading
  • Passive

So let’s have a look at these in a little more depth.

Tom Cruise’s luxury ranch could be yours

By Hannah Stubbs

http://www.news.com.au

TOM Cruise’s luxury ranch in the depths of the American countryside has gone up for sale. The detached house boasts seven bedrooms, nine bathrooms and access to tens of thousands of acres of National Forest. But prospective buyers will have to dig deep as the incredible property has been valued at an eye-watering $66,420,000.

World’s most expensive eats

By Open Wealth Staff

Whilst most of us enjoy a good meal and don't even mind paying a pretty penny for it, this collection of the world's most expensive meals "takes the cake" as they say!

Median houses prices

By Cam McLellan

One of the most frequently reported metrics when it comes to the property market is the median house price. Unfortunately, it is also one of the most misunderstood statistics as well. It is a valuable exercise to describe what it is and how it is calculated as well as articulating when it should and should not be used.

Don’t just follow the leader! Assessing risk & return on your investments – Wealth WOD |Ep. 118|

Whilst we advocate learning as much as you can in order to be a savvy investor, we want to make sure you take that information and assess every investment opportunity for risk and return when growing your portfolio. Featuring Cam McLellan and Al Lewison.

Reserves continue to be smashed

By Michelle Hele

http://www.news.com.au

THERE may be more properties to choose from but clearance rates remain strong and auction reserves continue to be smashed. According to RP Data the preliminary clearance rate last week was 69 per cent, with the number of properties being offered for auction about 14 per cent higher That his time last year. In Sydney more than three quarters of properties offered for auction sold. Melbourne and Perth shared a clearance rate of 66.7 per cent, although Perth had far fewer properties for auction.

Investing using your superfund and where to start – Property Wealth WOD |Ep. 117|

It's homework day! If you want to invest using your Superfund, what should you be doing and where do you start? Featuring Cam McLellan and Al Lewison.

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