|
Welcome to our July newsletter.
It's a strange time indeed when perhaps the most positive news of July was that Macquarie Bank completed largest Residential Mortgage Backed Securitisation (RMBS) issue of the year. Macquarie raised $700m in its latest low-doc RMBS issue, which was the country's largest mortgage security issue of the year. This news didn't necessarily make the headlines in the major dailies, but for those close to the market it brought an encouraging sign that some sort of stability could be returning to the credit markets.
The current state of the global and domestic economy continues to raise many more questions than it is provides answers; what has inflation got to do with your wealth creation? Where are interest rates going and what it will take for them to come down? Should you fix your interest rate now? If so, for how long? Will Australia escape the current recession in the developed world? How much wealth that you’ve created from your properties today will still be yours tomorrow?
If you are interested in cutting through the conflicting views in the media and reaching your own level of understanding of what is the best strategy for you to adopt in these changing times, time is running out for you to book your place in our remaining Creating Your Own Financial Certainty in an Uncertain Time seminars:
-
Melbourne - THIS Saturday 2nd August, MECC, for more info click here
-
Sydney - Saturday 9th August, Wesley Centre, for more info click here
We had an overwhelming response at our Brisbane event last weekend and hope you can make it along to our remaining events.
Until next month I hope you enjoy our selection of articles...
"Bank for International Settlements warns the worse is far from over" by Ambrose Pritchard-White, The Telegraph
"How to maintain your optimism in these pessimistic times" by Tim Riley, Investors Direct
"How to safely keep on purchasing properties without being limited by your finance capacity" by Bill Zheng, Investors Direct
"The 100 Year Event – One player's knock on is another player’s try" by John Edwards, Residex
"Understanding Property Cycles" by Michael Yardney, PropertyUpdate.com.au
"Removing the roadblocks on your road to wealth" by Tony Melvin, The Knowledge Centre
Regards,
Tim Riley, Editor
A year ago, the Bank for International Settlements startled the financial world by warning that we might soon face challenges last seen during the onset of the Great Depression. This has proved frighteningly accurate.
The venerable body, the ultimate bank of central bankers, said years of loose monetary policy had fuelled a dangerous credit bubble that would entail “much higher costs than is commonly supposed”.
Ambrose Pritchard-Wright explains what outgoing BIS Chief Economist Bill White thinks is still in store for the global financial markets...
Click here for more information 
Written by:
Abrose Pritchard-Wright, The Telegraph
Is the number one thing that keeps you awake your financial situation? If so, you are not alone. The recent 2008 Eye on Australia report from Sweeney Research revealed that that number one thing that keeps Australian’s awake at night was personal finances (45%).
With the spectre of inflation, stagflation, rising interest rates, credit crisis and a global recession never far from the headlines it is little wonder that the latest Westpac-Melbourne Institute Index of consumer sentiment which has been falling for months and how now ebbed to its lowest level since 1992.
So how can you maintain your optimism in these pessimistic times?
Click here for more information
Written by:
Tim Riley, Investors Direct
Wouldn’t it be nice if you can keep on purchasing more and more properties without being told by lenders that you can’t get more finance?
The reality is that the most common problem property investors’ face is that one day they will be told by lenders that they can’t have more finance, usually due to insufficient income, lack of equity, or both.
In this article that was recently published in Your Investment Property magazine, Bill Zheng explains the strategies you can use to gain access to "unlimited finance"...
Click here for more information
Written by:
Bill Zheng, Investors Direct
Many of you will have read recent newspapers and seen that I have spoken of the potential for a one in a 100 year event as far as our housing markets are concerned.
The title of this article sums up my view of the current environment, for you and I to win, someone has to lose, it is like a game of football. My job is to keep you with me on the winning side. Yes, we can and will win. So how do we win in this environment which I suggest may be about to unfold? John Edwards explains...
Click here for more information
Written by:
John Edwards, Residex
I've often said that until you have invested through a full property cycle, you don't really fully appreciate the property markets. You see… though many books and articles refer to the average annual compound growth of property as 10%, it is NOT constant each and every year.
Property values tend to rise in cycles. In some years there will be strong growth and in others there will be no growth or negative growth. A simplistic version of the cycle goes something like this…
Click here for more information
Written by:
Michael Yardney, PropertyUpdate.com.au
I want to share with you some insights into investing. Some people believe the amount of money they earn determines how wealthy they can be. Some think wealth is achieved through a having a degree or a well paying job. Some think that being wealthy is a matter of luck. These beliefs are nothing more that opinions. They are not based on fact.
Tony Melvin explains...
Click here for more information
Written by:
Tony Melvin, The Knowledge Centre
| 
