Property Investment & Wealth Creation Australia | The Michael Yardney Podcast

Property Investment & Wealth Creation Australia | The Michael Yardney Podcast

Smart investors still make expensive mistakes, and surprisingly often, the problem begins inside their own heads.   We like to believe that our investment decisions are based on facts, careful analysis and rational judgment. Yet cognitive biases quietly shape which facts we notice, which risks we dismiss and which stories we choose to believe.   They encourage property investors to follow the crowd, cling to underperforming assets, chase yesterday’s winning markets and become more confident precisely when they should be more cautious.   Louise Bedford – “The Money...

Property Investment & Wealth Creation Australia | The Michael Yardney Podcast

Most property investors don’t fail because they lack access to information.   In fact, today they have more information, more data, more forecasts, more podcasts, more software, more AI tools, and more opinions than ever before.   And that may be part of the problem.   Because when your brain is wired for survival, uncertainty can feel like danger. So rather than making clear, strategic decisions, many investors freeze, over-research, procrastinate, follow the crowd, or chase the next shiny object.   That’s why I wanted to bring Dr. Noah St. John back onto the...

Property Investment & Wealth Creation Australia | The Michael Yardney Podcast

What if the greatest threat to your property investment success isn’t choosing the wrong suburb, paying too much or getting your timing wrong?   What if it’s your inability to remain disciplined when the headlines become frightening, the forecasts turn gloomy and everyone around you starts questioning whether property is still a good investment?   Over the last six years, Australian property investors have lived through a pandemic, lockdowns, recession warnings, emergency-low interest rates, a property boom, rapid inflation, a punishing interest rate cycle, construction failures,...

Property Investment & Wealth Creation Australia | The Michael Yardney Podcast

Did baby boomers become wealthy because they were better investors, or were they simply born at the right time?   It is a confronting question, because millions of Australians who bought property, invested in shares and contributed to superannuation over the past 40 years enjoyed one of the strongest financial tailwinds in modern history.   From the early 1980s, inflation and interest rates generally trended lower. As the cost of money fell, asset values rose, borrowing became progressively easier, and property, shares and bonds delivered unusually strong long-term returns. ...

Property Investment & Wealth Creation Australia | The Michael Yardney Podcast

What if I told you that almost none of the financial decisions you agonise over actually matter?   Most investors worry about interest rates, the next hot suburb, tax changes, market timing, stock picking, and whether they should buy now or wait.   But what if 95% of your financial future is shaped by just a handful of decisions - many of them made quietly, early, and often without enough thought?   That’s the fascinating idea we’re unpacking today with Stuart Wemyss, founder of ProSolution Private Clients, who says there are really only a handful of decisions in your...

Property Investment & Wealth Creation Australia | The Michael Yardney Podcast

Capital city home prices have continued to fall sharply over August with no sign yet of the usual pre-spring revival in activity.   The national capital city median house price fell by 1.8% over the August quarter to $1,226,833 compared to the July quarter, according to the latest data from My Housing Market.   In today’s show Dr. Andrew Wilson explains what’s really happening in Australia’s property markets as we head into Spring.   We unpack why house prices have kept easing, why units are holding up better, and what the latest figures mean for buyers and...

Property Investment & Wealth Creation Australia | The Michael Yardney Podcast

Could you be earning a good income, owning property and still operating with a poverty mindset?   Could beliefs you absorbed as a child be quietly limiting how much wealth you build today?   And why do some people break free from financial hardship while others repeat the same patterns from one generation to the next?   My guest today, Tom Corley, spent years studying the habits and thinking of wealthy and financially struggling people, and what he discovered may make you reconsider some of your own beliefs about money.   Stay with us because, before we finish, Tom...

Property Investment & Wealth Creation Australia | The Michael Yardney Podcast

What if I told you that some of the worst financial decisions I've ever seen were made by some of the smartest people I know?   Doctors. Lawyers. Business owners. Executives. People who are genuinely brilliant in their field, yet they're making wealth mistakes that are quietly costing them hundreds of thousands of dollars, sometimes more.   And here's what's really interesting: their intelligence isn't protecting them. In some cases, it's actually making things worse.   Because smart people are used to being right. They research more, they debate more, they over-think...

Property Investment & Wealth Creation Australia | The Michael Yardney Podcast

What if the greatest financial risk facing you isn’t the next property downturn, another interest rate rise or even a recession, but the possibility that you live much longer than your money does?   Many Australians approaching retirement are planning around a model that belongs to another generation. They assume they’ll stop working somewhere around 65 and need enough money for perhaps 15 or 20 years.   But if you live into your 90s or even reach 100, your retirement could last 30 or 35 years. That means decades of rising living costs, healthcare expenses and inflation...

Property Investment & Wealth Creation Australia | The Michael Yardney Podcast

What if rising property values are making Australians wealthier on paper, while leaving many of us feeling less secure, more stressed and less satisfied with life?   Australia is a prosperous country, and millions of homeowners have built substantial wealth through property. Yet measures of happiness have remained flat or declined, while younger Australians increasingly feel locked out of the property market and excluded from the prosperity they see around them.   In today’s show, I’m going to explore the growing divide between property wealth and personal wellbeing, and why...