The Michael Yardney Podcast

There are only 8 rules to successful investing according to Stuart Wemyss, my guest on this week’s show. According to Stuart, investing is as easy as winning a game of monopoly when you know the rules. Last week I talked to Stuart about the first four rules of investing. This week we’re going to continue the discussion by explaining the remaining rules. Then we discuss how you can find an advisor you can trust. Now that's now as easy as you'd think

Investing is easy when you know the rules, and according to today’s guest, there are only eight rules to investing. If you’re interested in becoming a successful investor today’s show is for you as we discuss the eight rules of investing with Stuart Wemyss. Stuart is a financial planner, an accountant, a mortgage broker, and a successful property investor. He’s also an author, and he’s with us today to talk about his book Investopoly.

My Property Predictions for the Next Decade

Are you lucky? How important is luck in your success in property investment, in business or as an entrepreneur?  We often think success comes as a reward to the hardest working, most focused, and most talented individuals. But is that really the case? Believe it or not, luck may play a bigger role in success than you think.  Today I’ll be talking to Louise Bedford about what science has to say about the role that luck plays in success in business and property investment.

What’s happening in the property markets around Australia? In today’s episode, I’ll speak with four experts to give you an update on what’s happening state by state.  You'll hear how our property markets peaked in September last year, and while the boom is over, it seems we’re in for a benign correction. Some areas are still growing, while others are slowing down.  In most capital cities, I believe that we’ll end up with values higher at the end of the year than they were in the beginn

Who wouldn’t like to buy their parents’ house at the price their parents paid years ago? In today’s show we’re going to look at the past as I have a chat with Pete Wargent to see what clues it can give us about the future of property.  We discuss what would happen if Crocodile Dundee would have to assess the changes that happened to our property markets in Australia since 1986 – maybe he’d gone on a walk about State Side for a few decades. 

Why are the best business owners and entrepreneurs crushing it, while most are struggling? A little while ago I was having a chat with Mark Creedon, we were discussing that in fact the reason why certain businesses were crushing it are down to 3 fairly simple behaviours (and it has nothing to do with having unlimited marketing budgets or having hundreds of people at your 'beck and call'). So I pulled out my iPhone and recorded the conversation which I wanted to share with you today

Are you having money problems? Are you where you hoped to be financially at this stage of your life? Well…if you want to be in a better financial situation, then this week’s show is for you because I’m going to debunk 15 Myths that could be killing your wealth potential. You see…money doesn’t discriminate; it doesn’t care who you are or where you come from.

Making money and creating wealth to achieve financial freedom is usually the reason why people invest in property. This means that property is really just a vehicle for attaining money and today's show is about money. You may wonder why I’m still working. Well today I break that down and share some insights into what makes my mind tick.  Then I also share Jim Rohn’s wisdom on changing your life, and Tom Corley is here to talk about the money habits of the rich. 

If you are looking at buying a new home or investment this year, odds are you’ll have to consider buying a property at auction. So today we discuss the process of what to do before, during and after a property auction, including some great tips of what to do if the property passes in. And even if you’re not planning to buy at auction in the near future, listen in as I discuss the psychology of negotiating with agents before and after the auction with Bryce Yardney.

What's the right investment strategy now that we've moved to the next stage of the property cycle? When it comes to property investing, you will often hear two conflicting philosophies. Some say you should invest for capital growth, and others say you should invest for positive cash flow. Now that we are in a period where capital growth is going to be lower, more investors are wondering if they should change their investment strategy and look for cash flow positive properties.

We all have dreams for the future, and many of those dreams require money to make them come true. So today we discuss some ways to get smart about money and help you get on track with your financial goals. Whether you are just starting out on your way to financial freedom, or you’re stuck along the way and even if you’re doing really well with your financial goals today’s show is for you.

We are heading for the biggest crash in Australian history according to Harry Dent. Crypto currencies are about to fall, the stock markets will crash and home values in the big cities are about to halve. Is this really true? Today, I speak to Harry Dent to find out what he really thinks. I also speak to Dr. Andrew Wilson, and give you my thoughts on what’s ahead.

Today, we discuss the top 5 mistakes that property investors make, those that have nothing to do with buying the wrong property. They include: 1. Not undertaking proactive tax planning before investing in property 2. Not proactively managing your borrowing capacity and bank valuations. 3. Wasting time investing in the wrong assets or adopting the wrong investment strategy. 4. Trying to time the market. 5. Not starting with the end in mind.

2018 is going to be a boom year. But before you get to concerned about “what I’m on” to make a statement like that, listen on as I share my perspective and why I think this going to be so. In my mindset moment, I’m going to talk about some interesting perspectives. Then I have a chat with Tom Corley about the rich habits that you must teach your children. Even if you are not a parent, these are still very important lessons