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Showing posts from July, 2022

The Australian Property Market Politics - Money and Investing with Andrew Baxter

In what is a hot potato property market with over-inflated prices and high barriers to entry. As we approach an election, we’re starting to see politics play a large part in our market. Here’s how the most recent property policies are affecting our market: Property is Expensive, Like Really Expensive It wouldn’t be an episode chatting about a property if we didn’t cover just how unaffordable it. And over-inflated property prices are right now. In what was covered in podcast episode number 26. And host Andrew Baxter makes mention of just how hard it is to get into the market. Now, we’re see over 64% of first homebuyers bankroll by Mum and Dad. To the average amount of a whopping $94,000 just to get them to start. And with interest rates so artificially low. Also, we’ve seen the property market propelled to extremely overvalued levels. In what is has all-encompassing growth across regional. And urban areas in Australia. Now, over two thirds of Aussies own their own prope...

Investing in NFT’s and New Investment Assets - Andrew Baxter

Investing in NFT’s and New Investment Assets- AIE. In the current world of low interest rates and overinflated prices in traditional assets like property and shares. Many investors have shifted into new assets in order to make a return. With assets like NFT’s, Crypto Currency and Collectibles going bonkers. Here’s how you too can make some real dollars: New assets History tells us that there is always something new that comes into the investment space. Time and time again we have seen new financial assets be added. Into our markets only to become the norm sometime later. Host Andrew Baxter has seen products like Options. Collateralized Debt Obligations (CDO’s) and Contracts for Difference (CFD’s) enter the investment landscape in his 27+ years as a professional trader. Just to name a few. Some stick. Some go and some even leave a trail of carnage behind them – notably the GFC caused by the CDO debacle.  These names may seem fancy and rather daunting. However all in ...

The Importance of Self-Examination When Planning Your Goals - Andrew Baxter

Self-E xamination is an ambiguous topic by nature, albeit an important one for anyone who is seriously looking to hit their goals. Here are five ways you can successfully evaluate your own performance, and use this to stretch yourself to new heights. Why Self-Examine? This question may sound tough, but it actually has a simple answer. Self-examination is like playing a footy match to win the game. Your coach gives you feedback throughout the match to ensure you remain on track. Self-examination on the personal development spectrum is much the same, albeit you are your own coach providing yourself your own feedback in order to attain whatever it is that you want. This comes down to asking yourself the hard questions: Are you being diligent enough? Are you paying enough attention to your goal? What could you be doing more of? Did you execute that task to the best of your ability? Goals are only ever made a reality if you create practical steppingstones for yourself beforeha...

Money & Kids: Teaching Your Kids to Manage Their Money

Money and Kids: The game of winning money can become all the more harder when you factor in having kids, so how do you plant the right DNA within them to set them up to be reach the goal of financial freedom? It all starts with your financial DNA Truth be told – having kids is not easy. Especially when you are trying to teach them to have a good relationship with money from an early age. Money and kids can spell disaster if you haven’t planned properly for it. The decision to support them fully, maybe give them pocket money or simply let them fend for themselves is arguable amongst varying families. As host Andrew Baxter highlights, the example we give our kids through our own relationship with money serves as a DNA plant, often determining their future habits. If you want to learn more about YOUR financial DNA, check out My Financial DNA . It is true that history does have a tendency to repeat itself. Baby Budgeting How and where you chose to spend your mo...