The Clever Investor Podcast

Part 2 of wandering down the alphabet explaining the technical bits that you are going to run into on the bus trip to wealthlyville.

Definition of jargon noun: The language, especially the vocabulary, peculiar to a particular trade, profession, or group. ~ unintelligible or meaningless talk or writing; gibberish. any talk or writing that one does not understand is often vague in meaning.   It's high time we took a trip through the list of technical terminology we use in the financial worlds.    There's a big chunk to go through...

One of the most important concepts you will ever learn is the effect of compounding.    Compounding growth is effectively a process whereby the value of an asset increases exponentially over time, in lay man’s terms, the effect can be thought of as ‘growth-on-growth’. The long term process of creating wealth essentially gathers speed over time, because as your assets grow, the actual dollar return...

A granny flat is a self-contained house or unit, that gets built on the same block of land as the main house. Its basically a second dwelling with the same amenities and one or two people can comfortably live in it.   They need to still have all the features of the big house, bathroom, kitchen, living space and bedroom, just on a smaller scale. There has been an increase over the years of the amou...

There a number of distinct advantages in new property and older property.    But....before we dive into this weeks show lets cut straight to the chase, investing in property has one clear our aim, "to build as much wealth as possible, with the least possible risk, in the smallest amount of time". You need to be clear on whether new or old properties are going to help you achieve your investment go...

What exactly is build-to-rent? Over that last 20 years we have seen a steady increase in the amount of  Australian households that are setting up home in rented properties. The stats show that in 2022 this is one third of the population. A significantly increasing from just approximately 25 percent of homes.  A concept that is beginning to appear in Australia is this build-to-rent model. It is alr...

The Australian Greens party released a statement calling for private rents to be frozen for the next 24 months And it got shot down and pulled apart pretty quickly and easily. The Greens stated that Australia is “experiencing a rental and cost-of-living crisis and the government needs to act now”.  Prime Minister Anthony Albanese said he had not seen any proposal, nor had the Greens raised the pot...

Hello Clever Investors of Brisbane  This is a personal invitation to all you lovely Brisbane listeners, your friend and family who are having thoughts about becoming a property investor…but just don’t know where to start. "Wealth Through Property" is brilliant and going to be live in Brisbane on the evening of Tuesday the 30th August. This is going to set you in the right direction, you are going...

With the price rises of lettuce, petrol, building materials, wages, rents, and just about anything you can think of lately, the topic of inflation keeps popping up the standard response by the worlds central banks (in our case the RBA) is to raise rates. In past cycles, real estate prices have tended to continue to rise even as interest rates increase. This is because the fundamental driver was a...

"What am I paying them for?....it can't be that hard...can it??" Quizzed my friend from across the other side of the table. " I mean you just get the rent.... What do they actually do? " My friend was quizzing me about the requirement of him needing a property manager for his upcoming investment property purchase as we enjoyed a couple of beers at Willie the Boatman , one of the many fine craft br...

Sunsets conjure up images of holiday romances, walking hand in hand with the ones we love, the cool water lapping at our toes and cocktails waiting at the bar for us... ...and back to reality. In the case of our particular Sunset we are talking about the the time by which a property project must be completed.  Come and hold my hand as this weeks shows leads you across the soft warm sands of Clever...

We'd all love to think we are these highly organised machines, but invariably we still end up grabbing a shoe box full of receipts and dumping it on the accountants desk with a  "sorry....". So for this week I wanted to get you some super simple things that you should be doing before the end of the next financial year.  As we move closer and closer to being a paperless society, the smart operators...

What is a Trust? In simple terms its a business structure....then after that it can get as complex as you want or need it to be. Thankfully we have accountants in this world we live in and they love this stuff. I grabbed Dominic Myssy, head bean counter at Myssy + Co who's knows so much about them, he talks about trusts in his sleep. According to the government definition. 'A trust is a business s...

Are you having thoughts of buying a property with a family or friends. Is the thought of halving all the costs appealing to you? There are lots of great reason for doing it, there are lots of great reasons for not doing it because it can seem like a bit of a battle getting into the property market for an investment or just somewhere to live. So the idea of buying with a friend or sibling could be...

What are the 3 main things that banks look for in your mortgage applications?  The 3 C's of Credit, Character, Capacity and Collateral   Our special studio guest this week is Dr Tony Nguyen, mortgage broker and head of DM & King Financial.  Tony takes us through the finer points of these three very basic but vitally important items. The 3 Cs of credit are a common set of principles that banks and...

Unfortunately NSW has been hit yet again with widespread persistent heavy rain. The weather is always easy to complain about but this is bloody ridiculous. There have been hundred and hundreds of evacuation orders and many more warnings put in place. For so many this is not the first time it happened to them this year. There have been and will be for quite a while impacts to residents and business...

So you've done the numbers, made the choice that you are going to be a Rentvester......but you still have the words of that friend of a friend from that BBQ you went too who's had to move 5 times in the last 4 years.... How can you avoid this happening to you?  There must be a way. There's good news Rentvester's, there is a way. We use the expertise and experience of this weeks special guest to ge...

Well the interest rate talk has been going on for a couple of months now. As we expected the banks are well under way moving their variable rates and at times like this the question gets asked around fixed interest rate loans. "Should I be locking my rate in???" Unlike variable rates loans you have to pick a time frame to fix for, generally you'll have the options of 1 to 5 years and the rates wil...

"The perception is that these landlords are are these rich people that sit back and collect the rent and drink cocktails all week......" The high percentage of property investors are the everyday people in the street, investing to create a better future for themselves and family.  We also know that the highest percentage own just one property. So lets assume quiet accurately that they are not 'exp...

The deposit is a small initial contribution to the purchase price of a property, its like you've put it on lay-by.  You don't actually own anything just yet. You'll own the property on the agreed settlement date and that's when you may or may not be contributing other 'funds towards the purchase'. Find out: How much the deposit will be. The various ways you can pay a deposit. Who holds the deposit...

The great Australian dream used to be, we move out from Mum and Dads house, rent while at Uni, get qualified, get a job in the mail room at the company you'll work at for the next 30 years, meet the person of your dreams, have 2.3 kids get a dog, drive a Volvo station waggon, pay the house off just before you get your gold retirement watch, collect the pension, then just wait to die. while your ki...

There are certain things that are supposed to terrify us, things that go bump in the night, vampires in castles, clowns hiding in storm-water drains. But Lenders Mortgage Insurance is as lovely as a basket of kittens and quite possibly the best invention since we started slicing up bread. Don’t let any of BBQ experts tell you otherwise. Lenders’ Mortgage Insurance was introduced into Australia in...

Do you lay under the stars at night pondering the universe and what's beyond all that glitter in the sky and then thoughts like "What is the difference between a Financial Planner and a Financial Advisor??" shoot across your mind like a wonky satellite spiralling out of orbit?  "...and exactly how rich do I have to be to need one??" Trouble yourself not more, come listen to this weeks show. Our sp...

"To fix or not to fix, that is the question. Whether ’tis nobler in the mind to suffer The slings and arrows of outrageous fortune, Or to take arms against a sea of troubles, And by opposing end them? To die....to sleep...." Might not be exactly as Shakespeare originally wrote it but our no drama show this week is taking the fright out of Ye age ole question every time there's rate movements. Fix,...

In 1939 the British government released a motivational poster that has become synonymous "Keep calm and carry on" It was intended to raise the moral of the British public, which at the time was greatly threatened by mass air attacks and the potential of invasion. Fear not fellow Australians nobody is trying to pinch your house, nobody is trying to kick you out into the street. Don't try and figure...