Housagon

Is Part-Time Property Investing Costing You a Fortune? Is Part-Time Property Investing Costing You a Fortune? Many aspiring investors dream of building wealth through property. However, the reality is that part-time or DIY investing can often lead to unexpected costs, potentially costing you thousands each year. This isn't about discouraging anyone, but rather shedding light on the common pitfalls and offering valuable insights for a more strategic approach. The Hidden Costs of Part-Time Investing One of the biggest challenges for part-time investors is limited access to opportunities. Juggling work and other commitments often means missing out on pre-market or off-market deals. Agents may prioritize experienced investors, leaving you with fewer choices and increased competition. This scarcity can put you at a disadvantage, especially when negotiating prices. Another factor is experience. Seasoned agents can often identif...

Is "Filthy Rich" Retirement a Myth? Rethinking Wealth in Australia The traditional image of retirement – relaxing on a beach, worry-free – seems increasingly distant for many Australians. Inflation, stagnant wage growth, and the rising cost of living paint a different picture, one where simply relying on the pension might not be enough. This raises a crucial question: how can we redefine "filthy rich" in the context of modern Australia and build a retirement that truly allows us to live life on our own terms? The Inflationary Squeeze: Are We Earning Less Than We Think? While headlines often tout wage growth, the reality for many is that inflation is outpacing our earnings. This means that even if our paychecks are increasing, our purchasing power is decreasing. Think about it: if inflation rises by 7% and your wages only grow by 3%, you're effectively 4% poorer that year. This compounding effect makes it harder to save and invest for the future, pushing...