T-Bomb: Beware the time-leeches!

Truth Bomb Tuesday: Guard it jealously. You won’t get it back. You have a lot of resources at your disposal. How wisely do you use them? Some of your resources are unlimited. Like your creativity. I seriously believe that everyone has an unlimited number of million dollar ideas inside of them. The only challenge is […]

T-Bomb: The hidden gold in jealousy

Truth Bomb Tuesday: We tend to shame jealous feelings. There’s something being missed there. I was talking to a friend recently who has a tendency to get jealous. So I decided to do a quick lightening search around how to work with your jealousy. (That’s one of the things about being independently wealthy. You just […]

The surprising winners from Labor’s housing policy

Labor’s pitch to voters has a surprising winner So we got Labor’s contribution to housing policy last week, with their Help to Buy scheme. This is a shared equity scheme, with the government effectively coming in as a money partner on your home. So if you can come up with a 5% deposit, the government […]

How much rate pain can households take?

The RBA has launched its rate hike cycle. Can Australia hack it? So the RBA hiked rates as expected this week. Actually, I shouldn’t say that. They hiked more than expected. Most economists were expecting them to hike rates by 0.15 basis points, to get us from the “as low as it can possibly go” […]

T-Bomb: Success is simple, but hard

Truth Bomb Tuesday: The ingredients for success are simple. So why aren’t more people successful. People often want to know what the formula to success is. They expect it’s going to be complicated. They expect me to get out a chalkboard and draw up an equation with 200 different variables, and dozens of weird symbols. […]

3% mortgages – can Clive do it?

Clive Palmer is making some big promises on interest rates. Can he deliver? So Clive Palmer is promising to keep Aussie mortgage rates at 3%. Amazing. How is he going to do that? Well, we don’t know. He didn’t tell us. He only just came out and made this massive promise to fundamentally change the […]

T-Bomb: how to call in what you really want

Truth Bomb Tuesday: Are you sending a clear message to the universe? I want you to imagine something. Imagine there’s an old man who comes into the possession of a new kids bike. He wants to give it away, so he asks two kids in his local neighbourhood if they want the bike. The first […]

First jobs boom, then property boom

This jobs market truly is one for the ages. I don’t know if people really get that. So we got the jobs data last week, and I don’t think people really get how important this is. Because when you have a jobs market that’s this tight for this long – when everyone who wants a […]

Why a rate hike recession is not happening

Rate hikes are so not happening. Not like this anyway… Right now, markets are still pricing in a riduclous outlook for interest rates. Normally, money market pricing gives you a pretty good indication what’s going to happen to interest rates. But right now, they’re saying rate hikes are going to do this: That is, rise […]

T-Bomb: who is telling your story?

Truth Bomb Tuesday: The stories we tell matter, but who is telling yours? I’ve written a few times about the power that comes with being the author of your own story. And I don’t just mean that you get to decide the way you live and the things you get to do. I mean being […]