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6 STEPS TO BUYING A PROPERTY!

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6 STEPS TO BUYING A PROPERTY! Purchasing a property is often one of, if not the most expensive purchase a person will make in their lifetime. For that reason, this can be an incredibly stressful process for most people and is therefore important to have the right information going into this journey to limit any anxiety/stress surrounding investing in property. Afterall, it's exciting to buy a property and investors should relish the fact that they're able to make this purchase using their hard-earned money.  This article will go through 6 steps to buying a property that I hope will provide you with sufficient information to help you on your journey in property investment.  1. Creating a plan Buying a property is often very exciting for most people and far too often do we see investors hopping straight onto real estate websites and trying to find the best property possible. But here's the problem, it's impossible to find the best property without first outlining what you...

WHAT ARE ETFs AND HOW DO I START INVESTING?

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WHAT ARE ETFs AND HOW DO I START INVESTING? In my latest post  6 TIPS TO BECOME FINANCIALLY INDEPENDENT ,   I mentioned that investing in Exchange Traded Funds (ETFs) can be a great way to diversify your wealth. This post will outline what ETFs are, two investment strategies and how to get started. What are ETFs? Exchange Traded Funds are a form of security that holds an array of other securities, which tracks an underlying index such as the S&P 500 and can be bought or sold on an exchange such as the Australian Securities Exchange (ASX). The purpose of investing in an ETF is that it is a low cost barrier to gain exposure to the stock market and helps limit the amount of volatility in your portfolio. Instead of purchasing units into every company in the S&P 500 (which would cost you a lot of money, plus all the brokerage fees) an ETF provides you with a very small allocation into each company at a fraction of the price.  ETFs are passive investments that aren't in...

6 TIPS TO BECOME FINANCIALLY INDEPENDENT

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We often hear about people who have six figure pay checks or own a luxurious home, or drive a fancy car but what does it take to get there? We can't just wake up one morning and find ourselves to be millionaires (unless you've won the lottery, which in that case that's awesome!). Becoming financially independent is like many things in life, a journey that comes with multiple steps and a solid foundation.  I'm going to provide you with six awesome tips to help you get on your way to ensure that you provide yourself with the best possible foundation to build wealth and go full speed ahead towards achieving financial independence. 1. PAY OFF ALL YOUR DEBT You can't begin to build wealth without eliminating what is limiting your growth, which in this case is debt. Paying off any debt you have is the first step to take on your journey, this can be from student loans, car payments, credit card debt and the list goes on. Pay it off and do it ASAP! Accumulating too much deb...

THE GREAT RESET! HOW TO PREPARE YOUR INVESTMENTS FOR WHAT'S TO COME

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Investing in 2020 has been somewhat of a treacherous journey so far with many things impacting where we put our money for future investments. This year has seen governments around the world opting for fiscal stimulus to fight the war against COVID-19 and I would like to look at how this is going to change the way we invest for the future.  Something that hasn't made front page news, yet I believe to be so imperative that every investor must be aware of is the International Monetary Fund's (IMF) initiative dubbed 'The Great Reset'. The IMF was created in 1945 out of the Bretton Woods Conference, which saw gold being the basis for the US dollar and other currencies being pegged against the US dollar's value i.e. making the US dollar the world reserve currency. The organisation's purpose is to " ensure the stability of the international monetary system ". Let's take a look at what has caused the Great Reset to occur and how future years may look for o...

How will the Economy look after the US Election?

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  The roadmap to recovery from the pandemic is drastically different between Trump & Biden  The economic implications for investors will be drastic no matter which candidate is victorious We must look at more than just how each candidate will handle the pandemic, but what their plan is once the dust settles   The year 2020 has sure been one crazy rollercoaster for more reasons than one. The spread of COVID-19 has proven to be a defining moment in history for world leaders and their alternative ways of dealing with such chaos will sure be placed under the microscope in years to come. No other country has been under scrutiny more than the United States and their President Donald Trump, especially leading up to the US Election on November 3rd. A worrisome time for investors has seen a drop of nearly 5% in the S&P 500 in the week leading to the election as there is raising uncertainty amongst the country regarding what the ro...

Popular posts from this blog

6 STEPS TO BUYING A PROPERTY!

WHAT ARE ETFs AND HOW DO I START INVESTING?

6 TIPS TO BECOME FINANCIALLY INDEPENDENT