Do you believe the media? One headline will say something, then another headline will say exactly the opposite. It’s very confusing. Recently the GDP (Gross Domestic Product) figures came out showing that the Australian economy is growing at the fastest pace in four years. But following that same…
APRA Interference Unwarranted Talk of a Sydney boom requiring APRA action shows a clear ignorance of historical property cycles. From my dusty files I see that SQM Research Director Louis Christopher, in May 2009, made the comment that Sydney prices "are now lower than they were in 2003". The…
It’s long been recognized that a looming election will put consumer’s hands in their pockets, reluctant to spend until the final outcome of the election is revealed. And the same goes for investors. A recent survey, reported in the Sydney Morning Herald earlier this week, showed that for the past…
"I bought from the Club in 2009 and according to the local agent it is still worth the same price." - Club Investor We occasionally get such questions from our members. We don't control the markets but we can point to history where property prices had doubled every seven to ten years. Now, with…
Here Are Some Steps To Help You, Young or Old! If you are young, read this as if you are about to retire. We will give you some tips now before it is too late and panic sets in so that you can avoid the pension in the future. Remember, most believe that Superannuation won’t provide the retirement…
When it comes to investing, 95% of people lose money, whereas only 5% of people make money through reasonable gains. These 5% are positive, and they look for bargains when others see doom and gloom. They analyse the facts, rather than the headlines. They look past the frenzy of the “herd mentality…
The Australian share market is off to its worst start since the current index was created in 2000, losing $50 billion in value in three days of global turbulence. The New Year retreat has wiped 3.3 per cent off the benchmark S&P/ASX 200 since the Jan 4 opening, with all sectors succumbing to a toxic…
The bank monopoly beat up, not their share holders but, their customers. However, APRA's chairman Wayne Byers just last Friday said, "rules that have forced banks to hold more capital have made them safer and as such investors should require marginally less return". It seems that Byers crystal ball…
Who is really running this country? Is it our elected Federal Members of Parliament or is it the RBA? Or is it APRA? Or is it our banking monopoly? An expanding economy needs people with money in their pockets for spending. In the USA, consumer spending accounts for over 70% of their wealth…
On September 3rd the European Central Bank recorded inflation at just 0.1% and GDP growth of 1.5%. The European monetary merry-go-round is stalling to a halt. In response, they are now flooding the market with more credit to stimulate spending and speed up the economy. America has already done this…